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SAP has appointed Nazia Pillay as its new Managing Director for Southern Africa. Sergio Maccotta, Senior Vice President at SAP Middle East and Africa South, says: “Our purpose as a business is to help the world run better and improve people’s lives, reflected in our ongoing commitment to transformation and corporate responsibility throughout the continent. … Read more
Binance, the world’s leading cryptocurrency exchange by trading volume and users, and Franklin Templeton, a global investment leader with $1.6 trillion in assets under management, announced a collaboration to build digital asset initiatives and solutions tailored for a broad range of investors. The firms will explore ways to combine Franklin Templeton’s expertise in the compliant tokenization … Read more
Virginia-based cybersecurity company Tidal Cyber, a pioneer in Threat-Led Defense, has raised $10 million in Series A funding, signaling a major step forward in the fight against evolving cyber threats. The funding round was led by Bright Pixel Capital, with participation from existing investors, and will fuel product innovation, platform expansion, and company growth. With … Read more
ID.me, trusted by more than 152 million users to securely prove their identity online, has raised $340 million across a Series E financing announced today and its recent credit facility, at a valuation exceeding $2 billion. The Series E round was led by Ribbit Capital, with participation from existing investors Ares Credit funds and Moonshots Capital, as well as new … Read more
Central, the first autonomous back-office platform purpose-built for startups, has raised $8.6 million in seed funding led by First Round Capital, with participation from Y Combinator, Ritual Capital, Multimodal Ventures, Alumni Ventures, Surgepoint Capital, and several high-profile founders including Kulveer Taggar (Zeus), JJ Fliegelman (WayUp), and Richard Aberman (WePay). Central is designed for the next … Read more
Heave, the platform connecting construction companies with on-demand heavy equipment mechanics, today announced a $7 million Series A round led by Outsiders Fund, with continued support from FJ Labs, Long Journey Ventures, and Slow Ventures. The new capital brings Heave’s total funding to $13 million and will be used to fuel market expansion, customer acquisition, and team growth. Operating like … Read more
Integrated Holistic Communications (IHC) has announced the appointment of Beatriz Meirelles as its new Business Development Director, marking her return to the agency more than a decade after she first worked there. Meirelles, who previously headed IHC’s promotions department, brings over a decade of experience in sales, events, and hospitality management across the GCC. Her … Read more
Vennre, a fast-growing wealth creation platform, has announced the appointment of Dr. Ibrahim Almojel as Chairman of its Board of Managers in Saudi Arabia. The move underscores the company’s commitment to building a strong footprint in the Kingdom, aligning with its ambition to support Saudi Arabia’s economic growth and its position as a regional fintech … Read more
The Government of Ras Al Khaimah has announced the appointment of Phillipa Harrison, former Managing Director of Tourism Australia, as the new Chief Executive Officer of Ras Al Khaimah Tourism Development Authority (RAKTDA). Harrison will lead the Emirate’s ambitious vision to position itself as the “Destination of the Future”, bringing with her extensive experience in … Read more
CVector Energy, a pioneering startup developing the data backbone for industrial AI, has announced a $1.5 million pre-seed funding round led by Schematic Ventures. The funding will accelerate CVector’s mission to enable AI-native operations across factories, critical infrastructure, and advanced manufacturing environments. Building AI-Ready Infrastructure for Industry Founded in November 2024 by former engineers and … Read more
Definite, a full-stack AI-native data platform, today announced a $10 million seed round led by Costanoa, with participation from Acrew Capital and strategic angels. The funding will accelerate product development and go-to-market hiring as Definite scales adoption among enterprises. Most companies juggle a costly mix of tools: a warehouse like Snowflake, an ETL service like Fivetran, and … Read more
Baker Tilly International, a top 10 global network of accounting and advisory firms with presence in over 140 countries and with over 43,000 people, has announced the official launch of its new member firm in the United Arab Emirates. Headquartered in Dubai and led by newly appointed CEO and Managing Partner Saad Maniar, the UAE firm … Read more
Riyadh, Saudi Arabia: Maaden, Saudi Arabia’s leading mining and metals company – and the largest multi-commodity mining firm in the Middle East – has appointed Donovan Waller as Chief Technology Officer. A strategic step that reinforces our commitment to innovation and the integration of advanced technologies across our operations. Donovan brings more than three decades of … Read more
Retail technology startup Xpand has announced a $6 million funding round led by Ibex Investors and Emerge, with participation from the company’s executive team, including Chairman and CEO Joel Bar-El. The investment reflects strong confidence in Xpand’s vision to revolutionize the retail landscape through autonomous, AI-powered store technology. Founded in 2021 as 1MRobotics and recently … Read more
HashKey Exchange, Hong Kong’s largest licensed virtual asset trading platform, has announced a strategic partnership with IVD Medical Holdings Limited (1931.HK), a publicly listed company on the Hong Kong Stock Exchange. The collaboration aims to drive enterprise-level digital asset adoption and explore innovative models for integrating blockchain technology with industrial capital. In a groundbreaking move, … Read more
Citi has announced the appointment of Tahany Taher as the new Head of Treasury and Trade Solutions (TTS) and Corporate, Commercial & Public Sector Sales (CCPS) for the United Arab Emirates (UAE). She will report directly to Vivek Vaidyanathan, TTS & CCPS Head for the Middle East and Pakistan. In her new role, Taher will … Read more
