Startup Scene ME

They defy odds and champion change. #StartupScene is the story of the Middle East's fiercest entrepreneurs. A part of @MO4Network.

[Startup Scene ME @startupsceneme]

With $246 million raised across 220 deals, Jordan is emerging as a fintech and govtech hub, supported by digital government services, regulatory reforms and startup-friendly initiatives.

https://t.co/59qZpS37km

[Startup Scene ME @startupsceneme]

UAE spend management platform Alaan has partnered with digital Islamic bank ruya to launch an AI-powered business bank account, bringing Shariah-compliant banking services directly into Alaan's platform.

https://t.co/IYeiyc2NcF

[Startup Scene ME @startupsceneme]

Egyptian fintech platform Valu has secured a LE 600 million loan from the European Bank for Reconstruction and Development (EBRD) to expand financing for household purchases of energy-efficient and renewable technologies.

https://t.co/NRfGavCzwZ

[Startup Scene ME @startupsceneme]

Global property payments platform Redpin has received in-principle approval from the Dubai Financial Services Authority, allowing the Blackstone-backed company to move closer to offering its services to the UAE's real estate developer ecosystem.

https://t.co/ziVcNYPWg6

[Startup Scene ME @startupsceneme]

Dubai-based data and artificial intelligence company CNTXT AI has raised $60 million in a Series A funding round co-led by AI71 and BlueFive Capital to support product development, international expansion and the deployment of sovereign AI infrastructure.

https://t.co/tBoeknkFCA

[Startup Scene ME @startupsceneme]

UAE-based fintech startup Sovra has raised more than $2 million in a pre-seed funding round led by Pharsalus Capital, with participation from regional and international angel investors.

https://t.co/wpYwwaJ8sx

[Startup Scene ME @startupsceneme]

The National Telecom Regulatory Authority has awarded a licence to Hassan Allam Digital Infrastructure and Data Center Solutions to establish and operate data centres and provide cloud computing services, with the project's first phase valued at $400M.
https://t.co/lS6NdvveP2

[Startup Scene ME @startupsceneme]

Cairo-based AI community, People of Data, thinks that Egypt’s AI future is sitting in today’s classrooms.
https://t.co/IMEyeVfOn7

[Startup Scene ME @startupsceneme]

Beltone Asset Management, a subsidiary of Beltone Holding, has partnered with fintech platform Telda to make its investment products available through the Telda app, expanding digital access to investing in Egypt.

https://t.co/z6Zu1AK2t4

[Startup Scene ME @startupsceneme]

Swedish telecom firm Ericsson and the Dubai Digital Authority, the government entity responsible for the emirate's digital transformation, have signed a memorandum of understanding to explore joint initiatives aimed at supporting Dubai's digital ambitions.
https://t.co/ZLpu7O0FBt

[Startup Scene ME @startupsceneme]

Cornelius Queen of the Egyptian-American Enterprise Fund reveal the investment thesis behind a $500 million success story that transcended Egypt's 80% currency devaluation.

https://t.co/hZitLazZgb

[Startup Scene ME @startupsceneme]

Dubai Islamic Bank (DIB), the UAE's largest Islamic bank, has priced a $1 billion Additional Tier 1 (AT1) perpetual sukuk after attracting orders exceeding $2.3 billion from institutional investors.

https://t.co/00Y9Zttghe

[Startup Scene ME @startupsceneme]

https://t.co/wdIuFLNf9o, a Saudi live entertainment and ticketing platform, has acquired Portugal-based event technology and sports ticketing company SmartMove for an undisclosed amount, establishing its first operational base in Europe.

https://t.co/MVwZIe4yw8

[Startup Scene ME @startupsceneme]

From automated payroll engines to no-code AI recruitment pipelines, here are 6 MENA innovators streamlining remote work.

https://t.co/AjdkoiSvjC

[Startup Scene ME @startupsceneme]

Qatar Investment Authority has participated in a $1.15 billion Series F financing round for Finnish space intelligence company ICEYE, as demand for sovereign intelligence and national security capabilities accelerates across Europe and MENA.
https://t.co/lwksGUIAnN

[Startup Scene ME @startupsceneme]

The International Financial Centre of Oman (IFC Oman) has been established to provide international investors, financial institutions and professional services firms with a legal and regulatory framework designed to facilitate cross-border business.

https://t.co/NoMmqMgSF4

[Startup Scene ME @startupsceneme]

Mabiati, an Iraqi digital commerce startup, and Al Jabal Agriculture, an agritech company specialising in AI-powered farming solutions, have secured separate six-figure investments from Iraqi investors and strategic partners.

https://t.co/qCZt164U9k

[Startup Scene ME @startupsceneme]

The Palestine Monetary Authority and the National Bank have signed a $50 million framework financing agreement aimed at expanding access to capital for micro, small and medium-sized enterprises (MSMEs) across Palestine.

https://t.co/ZNdBSNOblH

[Startup Scene ME @startupsceneme]

Vertiv, a provider of critical digital infrastructure solutions, has signed a framework agreement with Dubai-based data centre developer Edge-Serve to support the development of AI-ready infrastructure across the GCC.
https://t.co/Cqvh4znJz5

[Startup Scene ME @startupsceneme]

Blue Owl Capital, a US-based alternative investment asset manager, has opened a new office in Abu Dhabi Global Market (ADGM), establishing a regional headquarters for its operations in the Middle East.

https://t.co/mQJ3Cg6Grq