Altibbi, the Middle East’s largest AI-based digital health platform, announces a $44 million, Series B fundraise. The round brings together a number of strategic and financial investors and the heavily oversubscribed round was led by Foundation Holdings, Hikma Ventures and existing investors Global Ventures and DASH Ventures. Altibbi is an AI-based digital health provider in […]
Zoomd Technologies Ltd. and its wholly-owned subsidiary Zoomd Ltd, the MarTech user-acquisition and engagement platform, announced its acquisition of Albert Technologies Ltd. Albert is an artificial intelligence marketing platform for advertisers, driving fully autonomous digital campaigns for some of the world’s leading brands. Albert processes and analyses audience and tactical data at scale, thereby autonomously […]
Darent, property management platform raised $1 million in a pre-seed round led by Watheeq Proptech Venture with the participation of other investors. Founded in 2021 by Hanin Al-Subaie, Darent is a tech startup in the tourism and hospitality sector. It provides real estate property management solutions on behalf of the owners and enables residents to […]
SPIDERS, a Saudi micro-mobility rentals company has closed a $1.4 million pre-seed investment round led by Watheeq Capital. The company has been able to expand in vital areas in Jeddah and Riyadh cities in more than 16 different locations serving thousands of rides. SPIDERS is on a mission to enable people to move around in […]
UserTesting, a provider of video-based human insight, released test templates for the UserTesting Human Insight Platform that enable companies to see first-hand how people experience the Internet of Things (IoT) and other connected devices. UserTesting’s connected device templates provide companies access to a more complete picture of their customers’ expectations in their use of connected […]
Pegasystems released version 8.7 of its Pega Infinity software suite with low-code innovation, automation, practical artificial intelligence, and cloud architecture. Pega Infinity 8.7 consists of a unified set of abilities to the Pega Customer Decision Hub, Pega Customer Service, and Pega Platform. The following are some of the new AI-driven functionalities in Pega’s Customer Decision […]
Swvl, a Dubai-based global provider of transformative tech-enabled mass transit solutions, announced a definitive agreement to acquire door2door, a European high-growth mobility platform providing software for on-demand mobility, multimodal routing and mobility analytics. Founded in 2012 with the mission of making cities smarter, door2door has developed a leading proprietary MaaS software platform that can be […]
UAE group Barq EV, a specialist in the field of smart mobility and logistics solutions, has announced the official launch of its operations in the UAE. The startup is scheduled to provide its customers with an integrated package of products and services that contribute to enhancing the last-mile delivery experience. This initiative comes in line […]
The Central Bank of Egypt launched the national system for the instant payments network and the InstaPay application for banking sector customers: The launch allows financial transactions to be conducted electronically and instantly. The step was implemented within the framework of the digital transformation strategy of the National Payments Council, headed by President Abdel Fattah […]
DigitalReef, a leading global mobile advertising, and marketing technology company, announces the availability of its integrated mobile advertising and marketing platform, DR-ONE. Through this platform, mobile operators, OEMs, and app developers can now implement and optimise their marketing strategies to reach, engage, and retain their users while optimising their application business monetisation goals. DR-ONE is […]
