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SM - Private Companies News

21 October 03:32 PM Flat6Labs, Idealab.ai partner to bring 1.2 million business ideas to entrepreneurs
Cairo – Sharikat Mubasher: Flat6Labs, an Egypt-based startup accelerator and venture capital firm, entered a partnership with Idealab.ai, an AI-powered business idea platform, to help entrepreneurs across its network identify business …
21 October 02:41 PM QSTP, Microsoft partner to support Qatar startups with AI tools
Doha – Sharikat Mubasher: Qatar Science & Technology Park (QSTP), a member of Qatar Foundation, announced it has partnered with Microsoft to provide eligible startups with cloud and artificial intelligence (AI) technologies, technical …
20 October 12:59 PM OIC approves Saudi proposal to establish Cybersecurity Ministers Council in Riyadh
Riyadh – Sharikat Mubasher: The Organization of Islamic Cooperation (OIC) approved Saudi Arabia’s proposal to establish a council of ministers of cybersecurity, with its general secretariat and executive office to be based in …
20 October 10:44 AM FII Institute postpones FII10 conference to 2027
Riyadh - Sharikat Mubasher: The Future Investment Initiative (FII) Institute postponed the tenth edition of its flagship conference (FII10), originally scheduled for 26 to 29 October, to 2027.The new 2027 dates are yet to be announced; however, …
19 October 03:45 PM NearPay SoftPOS obtains Jaywan Contactless L2 approval
Riyadh - Sharikat Mubasher: NearPay, a Riyadh-based fintech company, announced that its NearPay SoftPOS solution received Jaywan Contactless L2 approval, confirming its compliance with Jaywan contactless terminal requirements.The approval reflects …
18 October 03:18 PM Forbes features 29 Saudi entries in Sustainability Leaders 2026 List
Riyadh – Sharikat Mubasher: Forbes Middle East featured 29 Saudi entries in its Sustainability Leaders 2026 list, highlighting executives from leading companies across the Kingdom who are advancing sustainability initiatives in their …
18 October 11:57 AM Abu Dhabi to host 6G MENA 2026, gathering world’s tech leaders
Abu Dhabi - Sharikat Mubasher: 6G MENA 2026, the first dedicated 6G conference in the Middle East and North Africa (MENA) region, will take place in Abu Dhabi on 19 and 20 October, gathering leading figures from regulatory authorities, the …
18 October 09:43 AM SDF opens applications for “10 From Saudi” acceleration program
Riyadh – Sharikat Mubasher: The Social Development Bank (SDF) launched “10 From Saudi,” a cross-border acceleration program designed to connect Saudi startups with global markets and help them expand internationally through …
15 October 03:50 PM Global Space Connectivity & Sustainability 2026 concludes its activities in Riyadh
Riyadh – Sharikat Mubasher: The 2026 Global Space Connectivity & Sustainability event, co-organized by the Communications, Space & Technology Commission (CST) of Saudi Arabia and the International Telecommunication Union (ITU), concluded …
Foreign investment inflows increased by 33.5% year-on-year, while outflows nearly doubled to SAR 77.7 billion
15 October 11:56 AM Saudi Arabia’s FDI Inflows rise 33.5% to SAR 159.1bn in 2025
Riyadh – Sharikat Mubasher: Foreign direct investment (FDI) inflows into Saudi Arabia rose by 33.5% year-on-year to SAR 159.1 billion in 2025, compared to SAR 119.2 billion in 2024, while net FDI flows increased by 1.7% to SAR 81.4 billion, …
15 October 11:20 AM Saudi Arabia issues 438 new industrial licenses in July 2026
Riyadh – Sharikat Mubasher: The Saudi Ministry of Industry and Mineral Resources issued 438 new industrial licenses in July 2026, while 189 factories began production during the same month, according to a report by the National Center for …
15 October 09:46 AM Dubai Center for AI launched GenDubAI platform for AI literacy
Dubai - Sharikat Mubasher: Dubai Center for Artificial Intelligence (DCAI) announced the launch of GenDubAI, a digital platform designed to help parents better understand how children use AI and support them in using AI tools safely, responsibly, …
14 October 04:39 PM Visa Report: 96% of UAE SMEs surveyed use digital payments
Dubai – Sharikat Mubasher: A new Visa report found that 96% of surveyed SMEs in the UAE use digital payments, but only 39% use platforms that combine payments with other business management tools.The report, dubbed ‘Pay and Get Paid …
14 October 03:54 PM Cycls launches specialized AI agents for Saudi Market
Riyadh – Sharikat Mubasher: Saudi artificial intelligence platform Cycls announced it has launched a suite of specialized AI agents designed to help individuals and businesses automate tasks, analyze information, and improve operational …
14 October 02:44 PM NCA: Saudi cybersecurity market reaches SAR 16.3bn in 2025
Riyadh – Sharikat Mubasher: Saudi Arabia’s cybersecurity market reached SAR 16.3 billion in 2025, growing at a compound annual growth rate (CAGR) of 10.7% between 2023 and 2025, according to a report released by the National …
13 October 09:47 AM KIB becomes first Kuwaiti bank to offer BNPL services through BuyNow app
Kuwait - Sharikat Mubasher: Kuwait International Bank (KIB) launched the BuyNow application, the first buy now, pay later (BNPL) service offered by a bank in Kuwait, providing a seamless digital experience that combines shopping, flexible payment …
12 October 03:34 PM Saudi Ministry of Commerce grants over 50K registers in Q3-26
Riyadh - Sharikat Mubasher: The 0Saudi Ministry of Commerce issued over 50,000 commercial registers in the third quarter (Q3) of 2026, with female-owned organizations accounting for 45% of the total number.According to the ministry’s latest …
12 October 02:28 PM HUMAIN, Napster partner to provide organizations with Arabic-native AI
Riyadh - Sharikat Mubasher: HUMAIN, the Saudi company delivering full-stack artificial intelligence capabilities globally, announced its strategic partnership with Napster, a frontier AI company, to bring advanced Arabic-native AI experiences to …
12 October 11:55 AM Strategic Gears, Rasmal to build investment corridor between Saudi Arabia, Asia
Riyadh - Sharikat Mubasher: Strategic Gears, a Riyadh-headquartered consulting company, signed a memorandum of understanding (MoU) with Qatar's first governed investment company, Rasmal Ventures, to build a two-way investment corridor between …
12 October 09:35 AM Quara Finance launches financial services through Mobily Pay
Riyadh - Sharikat Mubasher: Quara Finance Company, a leading Saudi company providing Sharia-compliant financial services, announced the official launch of its financial services through the Mobily Pay platform, under its partnership with Etihad …
11 October 12:28 PM Monsha’at honored for supporting entrepreneurs at Mayda Mohieddin Nazer Innovation Award
Riyadh – Sharikat Mubasher: The Small and Medium Enterprises General Authority (Monsha’at) was honored for its role in supporting and empowering entrepreneurial projects at the fourth “Mayda Mohieddin Nazer Innovation …
11 October 10:17 AM Barq Group integrates Beyon Money into its fintech platform
Riyadh - Sharikat Mubasher: Barq Group, the parent company behind the barq platform, signed an agreement with Beyon, a global technology group providing people and businesses with best-in-class connectivity and digital solutions, to integrate …
7 October 04:28 PM Mastercard, Tamatem join hands to enhance in-app gaming experiences in MEA
Dubai - Sharikat Mubasher: Tamatem, one of MENA’s leading mobile games publishers, collaborated with Mastercard to enhance in-app gaming experiences across the Middle East and Africa (MEA) region.Through this collaboration, Mastercard …
7 October 03:42 PM Solutions+, Inception42 partner to accelerate adoption of agentic AI platform Catalyst
Abu Dhabi - Sharikat Mubasher: Solutions+, a leading UAE business process outsourcing and consulting company, signed a memorandum of understanding (MoU) with Inception42 to accelerate the adoption of Inception42's agentic AI platform Catalyst …
7 October 10:42 AM Solutions+ signs deal with Saal.ai to advance enterprise data solutions
Dubai – Sharikat Mubasher: Solutions+, a UAE-based provider of shared services and advisory solutions, signed a collaboration agreement with Saal.ai, a UAE-based AI and technology company, to accelerate the adoption of enterprise data …