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 and health insurance sectors.
Najeeb.ai provides a range of technical solutions, including accelerating medical approvals, detecting fraud in medical and vehicle claims, analysing clinical data to support insurance decision-making, and optimising operational processes for insurance companies and service providers.
AlUla, February 08, 2026, SPA — Islamic Development Bank (IsDB) Group President Dr. Muhammad Al-Jasser and Uzbekistan’s Deputy Prime Minister and Minister of Economy and Finance Jamshid Kuchkarov signed financing agreements to support key infrastructure and social development projects on the sidelines of the Second AlUla Conference on Emerging Market Economies. The two sides also held talks to expand cooperation between the IsDB and Uzbekistan, focusing on accelerating high-impact initiatives aligned with Uzbekistan’s national development priorities. The first agreement covers a $70 million phase of the IsDB’s total $192