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Saudi-Egyptian VC Edafa acquires two Egyptian AI startups
Construction tech Kuadra and health-tech IRRI Vision acquired in six-figure deals
17 hrs ago
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Carrington Malin
This week’s top stories — 31 May–06 June
du's new $50M venture fund; CNTXT AI acquires Actualize to expand Arabic voice
Jun 6
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Carrington Malin
du launches $50 million venture fund
Shorooq-managed fund targets AI, fintech and cybersecurity across MENA
Jun 6
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Carrington Malin
CNTXT AI acquires Actualize to expand Arabic voice agents
Deal targets GCC conversational AI market projected to reach $2.5B by 2034
Jun 4
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Carrington Malin
G42, Santander partner for AI; Positron AI opens first global office in DIFC
Middle East AI News weekly digest...
Jun 4
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Carrington Malin
1
UAE organisations lead world on AI agent adoption, study finds
97% embedding AI agents into workflows as agentic AI becomes core to operations
Jun 3
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Carrington Malin
G42 and Santander sign AI partnership for global collaboration
Agentic AI platform Catalyst to underpin co-development across Santander’s operations
Jun 3
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Carrington Malin
KPMG: Saudi enterprises moving fast on AI with disciplined execution
76% expect AI to deliver enterprise-wide ROI within twelve months
Jun 3
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Carrington Malin
Core42 expands US AI compute with 42MW Buffalo expansion
Lake Mariner site grows from 18MW to 60MW as G42 scales American infrastructure
Jun 2
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Carrington Malin
1
UAE banks lead MEA AI banking rankings
Emirates NBD tops AI banking index, amid strong showing for UAE banks
Jun 2
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Carrington Malin
Nvidia challenger Positron opens first global office at DIFC
Unicorn inference infrastructure company targets MENA sovereign AI deployments
Jun 1
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Carrington Malin
May 2026
Dubai’s RTA hits AED 5.3 billion in Digital Revenue in 2025
The 20% growth signals advancing transformation to AI-driven mobility ecosystem
May 31
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Carrington Malin
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