Strataphy has raised $6m in seed funding to scale its next-generation cooling technology for AI and industrial infrastructure.

The first UAE-Russia Business Forum will introduce a joint startup accelerator programme and explore the creation of a mutual investment platform aimed at strengthening economic cooperation.

FAST Ventures has unveiled FAST Foundry, a venture studio and investment arm backed by a $3m fund to accelerate early-stage startups across the MENA region. The initiative targets companies developing the next generation of adtech, retail, and marketing products with global scalability. The new platform aims to strengthen homegrown innovation by moving the region away

JetBrains has entered a strategic collaboration with the DMCC AI Centre to support AI-driven innovation and strengthen Dubai’s fast-growing technology ecosystem.

The UAE’s app economy is moving into a more stable and profit-focused phase, according to new data presented at the inaugural MAMA Dubai event.

DataCamp has acquired Dubai-based Optima in a $15m deal, strengthening its position in data and AI-focused online learning. The move expands DataCamp’s global reach and accelerates its push into AI-driven education technology.

The global business school Tetr College has secured $18m in a funding round co-led by Owl Ventures and Bertelsmann India Investments.

Ras Al Khaimah Economic Zone (RAKEZ) has partnered with Emirates NBD to enhance access to corporate banking services for SMEs as well as larger enterprises within its ecosystem.

Thirteen Saudi fintech startups have attracted nearly $2m in investment interest at the Biban Forum 2025’s Investors Arena, an interactive platform connecting entrepreneurs with potential backers.

Saudi-based WakeCap has acquired Brazilian workforce safety and operations platform Trackfy, marking a significant expansion into the Latin American market.