Saudi Arabia raises Nitaqat wage threshold to SR5,000 in April 2027
Ministry of Human Resources and Social Development sets second phase at SR6,000 from April 2028.
INVE raises USD 300K from Outliers VC for event-tech expansion
Riyadh-based startup extends platform from wedding invitations to business event management across Saudi Arabia and GCC.
CNTXT AI reaches $300m committed revenue, opens Bay Area office
Vitalls raises USD 1.5 million from EST Growmore
Shipped
ZenHR opens Cairo office with EGP 150m Egypt investment plan
Aridge targets late 2027 UAE flying car deliveries after RAK sandbox deal
Vrtx raises USD 3.6m pre-seed from Standard Chartered, six others
MBZUAI and Inception42 release Jais 3 Arabic language models
Raised
Dubai launches Dh2.5m AI agents competition for global innovators
Challenge invites developers worldwide to build autonomous systems addressing real-world problems with commercial potential.
UAE teenagers convert chicken feathers into biofertiliser in farm trials
BioFeathers process uses bacteria to break down poultry waste into plant nutrients, now tested across 16 farms in the UAE, Oman and India.
JetBrains survey finds 90% of developers use AI coding agents weekly
Figure comes from 2026 Developer Ecosystem Survey conducted between May and July across professional developers.
Teardowns
Company announcement
Saudi Arabia approves SME strategy targeting 35% GDP by 2030
Company announcement
Event BDR charges exhibitors per contact, not per day
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