MNT Tech Holding for Financial Investments, the Egypt-listed arm of MNT-Halan, has received LE 4 billion in fresh capital from parent company MNT Investments BV following its recent IPO. scenenow.com/Business/MNT-Te…

Saudi Arabia has approved a new commercial transactions law that will allow citizens aged 15 and older to engage in business under specific conditions, while consolidating a broad range of commercial regulations into a single framework. scenenow.com/Business/Saudi-…

MSMEDA participated in the final close of Tanmiya Capital Ventures II, a $130 million fund established with EIB, EBRD, IFC and the Egyptian-American Enterprise Fund, as part of its Fund of Funds programme to expand capital access for Egyptian startups. scenenow.com/Business/MSMEDA…

The Ministry of Planning and Economic Development is preparing an initiative to help create at least five Egyptian unicorn startups over the next five years, with full programme details expected by mid-December. scenenow.com/Business/Initia…

The Middle East has been ranked the world’s least expensive region for data centre construction, with average costs of $9.93 per watt, according to Turner & Townsend’s latest Data Centre Construction Cost Index. scenenow.com/Business/Middle…

YouTube has launched its Shopping affiliate programme in Saudi Arabia, the UAE and Egypt, allowing eligible creators to tag products directly in videos, Shorts and live streams and earn commissions from purchases. scenenow.com/Business/YouTub…

UAE-based healthtech startup Vitalls has secured a $1.5 million commitment to its seed round from Singapore-based EST Growmore, with an option for a further $1 million investment. scenenow.com/Business/Vitall…

Orange Egypt has partnered with UAE fintech platform Botim to enable international money transfers from the UAE directly into Orange Cash wallets in Egypt. scenenow.com/Business/Orange…

UAE-based healthcare technology startup Nabta Health has secured new backing from Phoenix Venture Partners as part of the latest close of its ongoing $3 million Pre-Series A round. scenenow.com/Business/Nabta-…

UAE-based data and artificial intelligence company CNTXT AI has surpassed Dh1.1 billion ($300 million) in committed revenue and opened its first US office in the San Francisco Bay Area. scenenow.com/Business/UAE-Ba…

Dubai Investments is preparing to float a 20% stake in DIP Holding, the owner of Dubai Investments Park, in what is set to become the UAE’s first initial public offering of 2026. scenenow.com/Business/DIP-Ho…

Banque du Caire has set an indicative price range of LE 4.82 to LE 5.30 per share for its planned listing on the Egyptian Exchange, with Banque Misr preparing to sell a 30% stake in the bank. scenenow.com/Business/Banque…

Dubai-based creative technology startup Popcorn Studio AI has raised $1 million in pre-seed funding to develop its AI filmmaking platform and support expansion across regional and international markets. scenenow.com/Business/Popcor…

Riyadh-based fintech Vrtx has raised $3.6 million in pre-seed funding from investors including SC Ventures by Standard Chartered, Sadu Capital, BYLD, Suhail Ventures, F6 Ventures, TAZ Investment and Palm Ventures. thestartupscene.me/INVESTMEN…

UAE-based AI startup Ayan has raised Dh2.2 million in pre-seed funding from strategic global angel investors, with the company planning to expand beyond the Middle East and North Africa. scenenow.com/Business/UAE-AI…

Egyptian proptech platform Aqar Exit has secured a 10% investment from entrepreneur Ayman Mamdouh Abbas, Executive Chairman of Intro Holding Group, valuing the company at $2 million, or around LE 100 million. scenenow.com/Business/Ayman-…

The Saudi Space Agency has signed a memorandum of cooperation with the Japan Aerospace Exploration Agency (JAXA) covering space activities and the peaceful use of outer space. scenenow.com/Business/Saudi-…

TAMM Global has launched in Abu Dhabi as a private technology company that will make the emirate’s AI-native government services platform available for international licensing and deployment. scenenow.com/Business/TAMM-G…

Saudi fintech Funding Souq has secured a strategic investment from Foodics, with the restaurant technology company becoming a major investor in the round. scenenow.com/Business/Foodic…

Gulf Business Machines has launched the UAE’s first AI Lab built on the Cisco Secure AI Factory with NVIDIA, giving organisations across the GCC access to secure full-stack infrastructure for testing and deploying artificial intelligence systems. thestartupscene.me/MenaEcosy…