Tech Turkish startup funding plunges in first quarter Uncertainty in the Turkish economy and government budget cuts are weighing on the country’s startup environment, with venture capital funding for new projects falling in the first quarter to their lowest in more than 18 months. Turkish technology startups attracted $58 million in the three months to March 31, almost 50 percent down on the […] April 23, 2025
Artificial Intelligence Khazna builds data centres to plug UAE capacity shortage State-controlled Khazna, the UAE’s largest data centre operator, has started building two new facilities to support the federation’s digital and artificial intelligence (AI) growth as the Gulf state grapples with a capacity shortage. Originally owned by Abu Dhabi’s Mubadala sovereign wealth fund, Khazna was in 2022 transferred to the emirate’s G42 and e&, the national […] April 22, 2025
Finance UAE tech investors seek security in the face of uncertainty UAE tech investors reported a strong start to the year but many are increasingly seeking out more mature companies to back, as global economic uncertainty makes them more risk averse, an industry expert has told AGBI. UAE tech startups raised a total of $872 million in the first quarter, nearly triple the $297 million raised […] April 21, 2025
Tech Amazon partners Mena startup to train Gulf cloud engineers Amazon has partnered with the Middle East and North Africa social impact startup Manara to train thousands of people in the UAE and Saudi Arabia in cloud software skills. Amazon Web Services, a division of Amazon that provides on-demand cloud computing platforms to individuals, companies and governments on a metered, pay-as-you-go basis, will invest $3.6 […] April 18, 2025
Artificial Intelligence Aramco backs Riyadh-based construction AI startup Saudi Aramco’s venture arm has led a $1 million seed funding round for TruBuild, a construction technology startup based in Riyadh that uses artificial intelligence to cut project delays and cost overruns. “With growing scrutiny on giga-project timelines and budgets, there’s a clear urgency to prevent costly delays and rework,” Bisrat Degefa, CEO of TruBuild, […] April 16, 2025
Opinion Artificial Intelligence The Gulf’s time to seize AI leadership is now Deeper collaboration across states could significantly amplify the Gulf's impact April 16, 2025
