Author: Mahdeehassan

Ras Al Khaimah, UAE (October , 2025) – Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future,” “FF,” or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced a strategic cooperation with RAK Motors, a Ras Al Khaimah-based automotive dealer. Under this cooperation, RAK Motors is authorized to provide sales, delivery, and after-sales services for the FX Super One in the UAE region. RAK Motors, a long-established automotive distributor based in Ras Al Khaimah, has extensive experience in representing global automotive brands such as Toyota and Nissan. Under the cooperation, FF has authorized RAK Motors as…

Press release: CADO, the UAE-founded premium gifting platform, has announced the close of its $4.5 million pre-seed funding round, marking a major step in its mission to redefine the global gifting economy. The round included participation from Sanabil 500, a venture capital and startup acceleration initiative in the MENA region; and a group of high-net-worth and angel investors. Founded by Leila Al Marashi, CADO began as a three-person startup in Dubai and has since scaled into a regional leader operating across the UAE, Saudi Arabia, Kuwait, and the United States. The platform digitalises and elevates the gifting experience, merging creativity,…

Riyadh, Saudi Arabia – KLIQ, the first end-to-end influencer marketing platform built in Saudi Arabia and powered by proprietary AI, has closed a $2.25 million seed investment round led by Sanabil Venture Studio (a subsidiary of Sanabil Investments) in partnership with Stryber. The investment will support KLIQ’s efforts to redefine how brands and content creators work together, with transparency, automation, and measurable outcomes at the core. As the creator economy accelerates across the Kingdom, brands and creators face a familiar set of challenges: influencer campaigns remain difficult to scale, measure, and manage. Marketers struggle with manual workflows, limited visibility into campaign…

Abu Dhabi, UAE: The ADGM Registration Authority (“RA”) today announced the publication of the Commercial Licensing Regulations (Conditions of Licence and Branch Registration) Rules 2025 (“Conditions of Licence Rules”) and the Commercial Licensing Regulations (Controlled Activities) Rules 2025 (“Controlled Activities Rules”). The enhanced framework strengthens ADGM’s regulatory environment by: Key updates include: The new Conditions of Licence Rules and Controlled Activities Rules repeal the existing framework and are effective immediately for new applicants and licence holders. Transitional timelines have been established for existing licence holders, providing sufficient time to align with the updated requirements. The full enacted rules are publicly available…

Dubai, UAE – The Dubai Business Registration and Licensing Corporation (DBLC), part of the Dubai Department of Economy and Tourism (DET), has unveiled the next-generation version of the Invest in Dubai (IID) platform during GITEX GLOBAL 2025 at the Dubai World Trade Centre. The enhanced platform delivers a landmark advancement in Dubai’s digital government services, implementing the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on the establishment of the Unified Digital Platform to streamline business setup across the emirate. The launch follows the resolutions issued by…

Dubai, UAE –Dubai Taxi Company PJSC (“DTC” or the “Company”), a leading provider of comprehensive mobility solutions in Dubai, has announced a strategic partnership with Keeta, the international subsidiary of Meituan, China’s on-demand delivery service, to enhance last-mile delivery services across the emirate and pioneer next-generation logistics solutions. The agreement was officially signed during GITEX in Dubai by Mansoor Rahma Alfalasi, Chief Executive Officer of Dubai Taxi Company, and Alex Wei, Logistics General Manager of Keeta Middle East. The collaboration aligns with DTC’s long-term growth strategy to expand its leading presence in transport and delivery markets, particularly within the fast-evolving…

Dubai, UAE – Emerald Ecotechnologies, LLC, together with its Authorized Partner in the UAE, Emirates Electrical & Instrumentation Company (EEIC) – a Ghobash Group Enterprise – concludes a successful showcase of their flagship Aquachlor® Mixed Oxidant Generators at WETEX 2025, held at the Dubai World Trade Centre from 30 September to 2 October. Throughout the exhibition, the partners demonstrated how their flagship Aquachlor® Mixed Oxidant Generators are reshaping water disinfection in the region. By generating disinfectants on-site using only pure salt and water, Aquachlor® eliminates reliance on imported chemicals while delivering up to 90% operational cost savings and ensuring compliance with…

UAE-based venture capital firm Iliad Partners has announced the second closing of its $50 million Iliad Partners Tech Ventures Fund I. The new closing of the Iliad Fund features three leading Greek banks – Eurobank, National Bank of Greece and Piraeus Bank – which are joining the Fund as strategic LPs with significant commitments – a strong vote of confidence in Iliad’s strategy. This marks their first-ever VC investment in MENA, underscoring a shared commitment to fostering innovation, a common belief in the potential of GCC markets, while also aligning with their broader strategy of expanding into the region, with…

Press release: Engagesoft, the KSA-based, AI-powered platform for employee engagement and organizational effectiveness, has raised a $3.5 million Pre-Series A round led by Silicon Badia. The investment will accelerate Engagesoft’s AI-driven roadmap, advancing its mission to deliver an integrated view of organizational health across engagement, culture, leadership effectiveness, and performance. Over the past 18 months, Engagesoft has tripled its customer base, as well as its average subscription value, and grown annual recurring revenue more than tenfold. Founded in 2021 by brothers Omar and Tareq Tahboub, who together have decades of experience in scaling enterprise products and building advanced technology platforms.…

Doha, Qatar — Qatar-based invoice financing fintech platform Madad Financial Technologies recently hosted the first session of the Madad Masterclass on October 1st at Radisson Blu Hotel, Doha. With over 60 business owners in attendance, the session was the first of a series designed to help small and medium enterprises (SMEs) in Qatar strengthen their financing readiness and adopt smarter financial management practices. SMEs play a vital role in Qatar’s diversification efforts, contributing an estimated 15–17% to the country’s non-oil GDP, according to government estimates. However, access to finance remains one of their most pressing challenges. The Global Entrepreneurship Monitor: Qatar…