Astra Tech’s 500 million USD round will be led by G42

Astra Tech (Astra), a UAE-born consumer technology development and investment company, has announced that G42, the UAE’s leading AI and cloud computing technology holding group, will be taking the role of Lead Investor in its latest funding round.

Dataiku announces $200 million investment led by Wellington Management

Dataiku, the Everyday AI platform, has raised $200 million in Series F funding led by new investor Wellington Management at a $3.7 billion valuation.

UAE prop-tech startup raises USD7.75mn seed round

Silkhaus, is betting big on technology and the growing demand for short-term rentals (STR) to disrupt and transform the region’s real estate sector

Accelerator startups doing better in raising investment in MENA region

Decline in MENA startups seems to continue even with raising $173 million across 51 deals in the month of September. The MoM decline in investment value is about 54% while it’s almost a 50% drop when compared to the same time the previous year.

Saudi PIF on a buying spree of US company stocks

The fund also took shares of other companies like Adobe Systems, Advanced Micro Devices (AMD), Salesforce, Home Depot, Costco, Freeport-McMoRan, Datadog, NextEra Energy etc.