The latest stories, analysis, and reporting from Himanshu.
Finance
Ziina has secured Category III Retail Payment Services and Category IV Exchange Business approvals from the Central Bank of the UAE, completing a licence set that spans payments, stored value wallets and currency exchange.
BY HIMANSHU SHARMA • UAE BUREAU • 1 MIN READ
Startups
UAE-founded healthtech Vitalls has secured a US$1.5 million seed commitment from Singapore-based EST Growmore, with an option for a further US$1 million, to develop and roll out its AI-powered digital health passport.
BY HIMANSHU SHARMA • UAE BUREAU • 1 MIN READ
Finance
MNT-Halan listed on the Egyptian Exchange under HALN.CA after an EGP 7.84 billion IPO drew EGP 126 billion in demand. Shares closed up 6.6% on debut.
BY HIMANSHU SHARMA • EGYPT BUREAU • 1 MIN READ
Small Business
Kuwait's TheQA has raised $550,000 in pre-seed funding for its AI-powered market research platform, now past 20,000 verified panel members.
BY HIMANSHU SHARMA • KUWAIT BUREAU • 1 MIN READ
Real Estate
Dubai's registered rental contracts crossed one million for the first time in 2025, with their combined value jumping 17.6% to Dh127.4 billion on strong demand and rising rents.
BY HIMANSHU SHARMA • UAE BUREAU • 1 MIN READ
Lifestyle
SAMANA Developers has launched SAMANA COLLECTA, a premium brand for lifestyle-led real estate, debuting with a Dh4 billion-plus flagship of 840 branded residences at The World Islands.
BY HIMANSHU SHARMA • UAE BUREAU • 1 MIN READ
Startups
Qatar's Snoonu has acquired Y Combinator-backed BiteSight, a US app that hit No. 2 in the App Store's Food & Drink category, to bring content-driven food discovery to the Gulf.
BY HIMANSHU SHARMA • QATAR BUREAU • 1 MIN READ
Innovation
Vrtx, founded by ex-Tweeq executives Mishal Bin Slimah and Omar Shaaban, will use the funding to build embedded finance infrastructure for wallets, payouts and card issuing in Saudi Arabia.
BY HIMANSHU SHARMA • SAUDI ARABIA BUREAU • 1 MIN READ
Artificial Intelligence
Dubai-based Popcorn AI Studio has secured $1 million in pre-seed funding led by Emirati investor Mohammed Bin Bouta Alharsoosi to scale its AI filmmaking platform across MENA.
BY HIMANSHU SHARMA • UAE BUREAU • 1 MIN READ