Author: Mahdeehassan

Riyadh – Blacklane, the global chauffeur service, marks one year since TASARU Mobility Investments (“TASARU”), a leading investment company wholly owned by the Public Investment Fund (PIF), was announced as a strategic investor to accelerate Blacklane’s growth trajectory in Saudi Arabia.Since the investment, Blacklane has rapidly expanded, achieving a more than eight-fold increase in revenue in the Kingdom, rounding out a year of tangible progress in momentum, innovation and luxury mobility, aligned with Saudi Vision 2030.The strategic investment, announced in October 2024 during Future Investment Initiative “FII8” as part of Blacklane’s Series G funding round, has supported expansion while reinforcing…

In contrast to mass-market giants selling standardised attractions, Tunisian startup WildyNess has established itself as the leading platform for authentic travel experiences and Community-Based Tourism (CBT). The startup announced today the closing of its first strategic pre-seed funding round.The round, for an undisclosed amount, was co-led by the Bridging Angels network and the African Diaspora Network.This investment is a first for the regional travel tech ecosystem. It positions WildyNess as the first and only B2C/B2B2C travel marketplace in North Africa to announce a pre-seed fundraising round. While local venture capital has overwhelmingly focused on FinTech, WildyNess has successfully proven a…

Stream, the Saudi-born platform streamlining modern billing and payments for businesses in the MENA region, starting with Saudi Arabia, has announced $4 million in seed funding to scale its mission to remove friction from getting paid. The round was led by early-stage investment firm Outliers VC and amassed a strong investor base, adding to a cap table that includes BYLD Ventures and prominent angel investors such as Abdullah Elyas, Co-founder of Careem.With this round, Stream will fuel its product development in engineering, compliance, payment capabilities and the overall user experience while strengthening its internal systems to support a rapidly growing…

stc group’s corporate venture capital arm, tali ventures, has led a $6 million (SAR 23 million) Series A investment round in Bonat, a Riyadh-based AI-powered customer engagement platform. anb seed Fund, Rua Growth Fund, RZM Investments, and a network of leading angel investors also contributed investments to the Series A round alongside tali ventures. This funding builds on stc group’s investment in innovation and Saudi startups advancing digital transformation.Bonat has built one of the region’s fastest-growing digital engagement ecosystems. Its all-in-one platform blends advanced analytics, AI driven engagement tools, digital wallets, and behaviour-based marketing automation, helping merchants convert walk-ins into…

Doos, the leading Saudi platform in the quick-commerce sector, is pleased to announce a strategic investment from Jahez International Company for Information Systems Technology (Jahez) — a leading on-demand services ecosystem listed on the Saudi Exchange (Tadawul: 6017).The investment marks a significant step in Jahez’s long-term vision to expand beyond food delivery and strengthen its presence in the rapidly growing quick-commerce sector in the Kingdom. By combining Jahez’s powerful technology infrastructure with Doos’s curated product selection and express delivery network, both companies aim to deliver a seamless experience in app interaction, product discovery, and ultra-fast order fulfilment for Saudi families.Founded…

• FX Super One UAE sales officially open on October 28, with the first B2C preorder payment completed by crypto. DUBAI, United Arab Emirates – (November 03, 2025) — Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future,” “FF,” or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced better than expected preorder results following the Middle East final launch of its FX Super One. Within 48 hours of the launch event, the Company received three non-binding non-refundable paid preorders covering over 200 units from B2B partners, underscoring strong market confidence from strategic collaborators.One user successfully…

This landmark partnership enables direct access to noon Minutes through the Jahez app — and to Jahez food delivery through the noon app The partnership brings together noon’s quick-commerce infrastructure and Jahez’s food delivery network of over 50,000 restaurants to offer greater choice and faster delivery across Saudi Arabia.Riyadh, Saudi Arabia, 30 October 2025: Jahez International Company for Information System Technology (“Jahez”, or the “Group”, 6017 on the Saudi Exchange’s TASI – Main Market), a leading integrated ecosystem of on-demand services in the GCC, and noon, one of Middle East’s leading digital ecosystem and one of the Kingdom’s fastest-growing quick-commerce…

A new milestone for Morocco’s startup ecosystem: ORA Technologies and Azur Innovation Fund have joined forces to acquire Cathedis, a leading national player in e-commerce logistics and last-mile delivery.This transaction marks the first-ever consolidation deal between Moroccan startups, financed exclusively with local capital. It positions ORA as a central player in Morocco’s e-commerce and digital landscape, with a unique value proposition on the market.The acquisition confirms ORA’s ambitious strategy to build an integrated digital ecosystem encompassing fintech, foodtech, and now e-commerce logistics.A Strategic Integration and a 360° Vision of E-CommerceFounded in 2023 by Omar Alami, ORA Technologies has established itself…

Football Legend Andrés Iniesta Becomes First Owner and Co-Creation OfficerDUBAI, United Arab Emirates (October 31, 2025) — Faraday Future Intelligent Electric Inc. (Nasdaq: FFAI) (“Faraday Future,” “FF,” or the “Company”), a California-based global intelligent mobility ecosystem company, today launched the FX Super One at the Burj Khalifa in Dubai. The vehicle, positioned as a First Class EAI-MPV, and announced that soccer legend Andrés Iniesta will become the first global owner of FX Super One and a Co-Creation Officer for the Company. The FX Super One AIHER (AI Hybrid Extended Range) Max edition is priced at 309,000 AED.FF is introducing a dual-payment…

Saudi-based Najeeb.ai, a platform specialising in integrating artificial intelligence with insurance technology, has announced the successful closing of its Pre-Seed funding round, with participation from a group of local and regional angel investors.The new capital will be used to develop AI-based products, expand integrations with insurance companies and healthcare providers, and strengthen operational readiness in preparation for local and regional commercial expansion.Founded in 2023 by Ahmed Yasmina and Hammam Homsi, Najeeb.ai was established in alignment with Saudi Vision 2030’s digital transformation goals. The company aims to improve the efficiency and transparency of insurance operations through AI-driven solutions for the automotive…