Author: Editorial Board

Born in Chicago and raised by adoptive parents, Ellison’s journey was anything but traditional. He dropped out of college, moved to California, and immersed himself in the early days of Silicon Valley. What started as an idea to manage data would eventually become a multi-billion-dollar empire. The film traces Ellison’s rise from a restless outsider to one of the most influential—and controversial—figures in tech. His bold leadership style, willingness to take risks, and relentless competitiveness not only built Oracle but also shaped the enterprise software industry. By the 2000s, Ellison became the highest-paid executive of the decade, earning a staggering…

Apsiyon, Turkiye’s leading community and property management platform, has announced that it has signed a sales agreement to join Aareon Group, Europe’s trusted SaaS provider for the real estate industry. The move marks a major strategic milestone in Apsiyon’s journey, opening the door to expanded technological investment and broader international reach. Founded in 2012, Apsiyon has grown into one of the most influential PropTech players in the region. With its cloud-based software infrastructure, AI-powered solutions, online payment systems, automation technologies, and advanced security integrations, the company today serves over 23,000 residential complexes, 1.6 million units, and more than 4 million…

Türkiye-based financial technology company Onlayer has successfully closed its $8.2 million Series A funding round, gearing up for accelerated growth across the Middle East, Africa, and Asia Pacific. Onlayer consolidates revenue, compliance, and risk management for banks, payment institutions, and fintechs into a single unified platform — and the new investment will further strengthen its global expansion strategy. The round was led by Oleka Capital, with participation from Deniz Ventures (Emirates NBD – DenizBank), Revo Capital, Türkiye Development Fund (INVEST101), Sandeep Gomes, as well as returning investors Vestel Ventures and the Gelecek Etki Fund, managed jointly by Tacirler Asset Management.…

At the U.S.–Saudi Investment Forum in Washington, D.C., HUMAIN — a Public Investment Fund (PIF) company specializing in full-stack artificial intelligence solutions — announced a landmark framework agreement with xAI, the frontier AI company founded by Elon Musk. The partnership marks one of the most significant U.S.–Saudi collaborations in emerging technology, laying the foundation for the Kingdom’s next-generation AI compute infrastructure and enabling the nationwide deployment of xAI’s Grok models to support Saudi Arabia’s ambition to become “the world’s most AI-enabled nation.” Building One of the World’s Largest AI Compute Hubs Under the agreement, HUMAIN and xAI will jointly design,…

In a strategic move that strengthens its position as a regional innovation leader, Qewam Holding has officially acquired Iwan Ventures, a SAR 50 million venture capital fund. The acquisition marks a significant milestone in Qewam’s mission to scale transformative ventures and accelerate Saudi Arabia’s rapidly growing entrepreneurial ecosystem. Under the deal, Iwan Ventures will be rebranded as Q Fund, which will now serve as Qewam Holding’s dedicated and independent investment arm. While retaining its entrepreneurial autonomy, Q Fund will gain full access to Qewam’s AI-driven infrastructure, venture-building capabilities, and expansive strategic network—positioning it as a high-impact engine for early-stage growth…

Takadao, the Web3 platform pioneering bankless, community-owned financial alternatives, has closed a US$1.5 million seed round, bringing its total funding to US$3.1 million. The round attracted a globally diverse group of investors aligned with Takadao’s mission and its shariah-compliant financial ecosystem. Participants included Hasan VC (Malaysia), Syla Invest (France), Wahed Ventures (UK), Ice Blue Fund (Japan), Istari Ventures (US), and Adverse (Saudi Arabia), alongside follow-on funding from Draper Associates in Silicon Valley. Introducing the LifeCard: A VISA-Powered Bridge Between Web3 and Everyday Finance Alongside the funding, Takadao unveiled The LifeCard, a prepaid VISA card that allows users to spend stablecoins…

Founded by Harsh Sajnani (CEO) and Guilherme Soares (COO)—third-generation operators with deep roots across MENA and Latin America—Kingpin was built to solve one of the industry’s biggest pain points: the fragmented, slow, and manual nature of wholesale trade. By connecting people, products, pricing, and processes in one AI-native ecosystem, Kingpin enables companies to manage discovery, sales, fulfilment, and operations with unprecedented efficiency. “We’re building Kingpin with a first-hand understanding of the industry’s biggest challenges—from customer discovery to order management and financing,” said Sajnani. “The AI era allows us to merge technology and operational expertise to deliver real value.” Soares added:…

Nuxera AI, a Saudi-based health-tech startup, has raised $2.5 million in pre-seed funding from Sanabil Venture Studio by Redesign Health, marking a major step in the company’s mission to transform clinical workflows through Arabic-first artificial intelligence (AI) designed for healthcare providers across the Kingdom. Founded by Amin El Hemaily (CEO), Asad Khan (CTO), and Nada Hassan (CCO), Nuxera AI is tackling one of the region’s biggest technology gaps: AI built natively for Arabic-speaking clinicians and hospitals. The company aims to become the region’s leading AI hub for healthcare, supporting both public health clusters and private hospitals with scalable, intelligent automation.…

Dubai, UAE — His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, has unveiled a new national campaign titled “The Emirates: The Startup Capital of the World”, aimed at solidifying the UAE’s position as a leading global hub for entrepreneurship and innovation. The campaign, supervised by the Ministry of Economy and Tourism in collaboration with the UAE Government Media Office and the UAE Entrepreneurship Council, brings together more than 50 incubators, accelerators, and strategic partners from both the public and private sectors. According to the announcement, the initiative seeks to inspire a new…

Abu Dhabi’s artificial intelligence investment platform MGX has joined a $6.6 billion secondary share sale in OpenAI, marking one of the largest private AI transactions of 2025 and valuing the ChatGPT maker at around $500 billion, according to Reuters. The deal allows OpenAI’s employees and early investors to liquidate part of their holdings but does not inject new capital into the company. The round was led by existing institutional investors — including Thrive Capital, SoftBank, Dragoneer, T. Rowe Price, and now MGX, the emirate’s sovereign-backed vehicle focused on AI investments. Strategic Alignment OpenAI operates under a capped-profit structure and has…