Strategic Joint Venture for ‘AI Factory’ Development in the Kingdom of Saudi Arabia (KSA)
Gcore and Ezditek create a joint venture for AI infrastructure in Saudi Arabia. Establishment of an 'AI factory' for generative AI solutions.
Egyptian Healthtech WellPal Moves to Saudi Arabia After Securing Investment
WellPal relocates operations to Saudi Arabia. Received funding from an undisclosed angel investor.
Egypt’s Online Marketplace Kemitt Raises Funding
Kemitt, an online marketplace for furniture, has raised an undisclosed round of funding. The startup plans to expand to Saudi Arabia with the latest funding round.
Egypt’s Potcast Raises Funding Round Through Shark Tank
Egypt-based podcast production company, The Potcast Productions Company (TPP), has raised an undisclosed amount of funding through the Shark Tank program. TPP plans to expand into regional markets, starting with Saudi Arabia and the UAE.
BRKZ, a construction tech startup eyeing MENA, emerges from stealth with $8M
Saudi Arabia's construction sector is expanding exponentially, but traditional practices are causing project interruptions and increased costs. BRKZ, a construction tech startup, has raised $8 million in a Series A round to address pain points in the procurement of materials for contractors.
