{
Ammar Aboulnasr

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fuse secures 6.6 million to enhance cross-border payments in mena

Cairo-based startup Stakpak has secured $500,000 in pre-seed funding to enhance DevOps management through its AI-powered platform, which significantly reduces infrastructure management time. Founded by George Fahmy, Stakpak aims to address the bottlenecks developers face, leveraging AI to automate tasks that typically take hours. The investment will support its growth and product development, positioning it as a key player in the global DevOps automation market.
ArabFounders
Euro United States Dollar United Arab Emirates Dirham EGY IND SAU USA ARE Ammar Aboulnasr Mohammad Sleiman George Fahmy Show more
Business & Industry, Market Report
22:38 07.04.2025

MENA startups secure funding to revolutionize AI infrastructure and DevOps automation

Basatne has acquired UAE-based Cartlow, enhancing MENA's circular economy by addressing the e-waste crisis and unlocking value in pre-owned electronics. This merger combines Basatne's reverse logistics expertise with Cartlow's AI-driven refurbishment, aiming to recirculate devices and expand globally. The initiative aligns with sustainability goals, targeting a significant reduction in e-waste while promoting responsible commerce.
ArabFounders
United States Dollar MediaTek Inc. Marqeta, Inc. ARE Ammar Aboulnasr Khalid Bin Bader Mohammad Sleiman Show more
Business & Industry, News Article
16:20 05.04.2025

stakpak revolutionizes devops with ai automation and strategic global expansion

Stakpak, a startup leveraging AI for DevOps, has gained traction since the ChatGPT revolution, automating infrastructure management and significantly reducing task completion time. With a new funding round, the company aims to expand its global presence and enhance product development, addressing critical challenges in modern software development.In a landmark deal, Basatne has acquired UAE-based Cartlow to enhance MENA's circular economy, tackling the e-waste crisis through advanced reverse logistics and AI-powered refurbishment. This merger positions the combined entity to lead in sustainable commerce, aiming for significant device recirculation and global expansion.
ArabFounders
United States Dollar United Arab Emirates Dirham Ammar Aboulnasr Mikael Hajjar Mohammad Sleiman George Fahmy Show more
Business & Industry, News Article
16:14 05.04.2025

siemens healthineers concludes successful innovation capacity building program in saudi arabia

InfiniLink has secured $10 million in seed funding to enhance AI data center connectivity, addressing the challenges of rising power consumption and bandwidth demands. The investment, led by MediaTek and Sukna Ventures, aims to commercialize ultra-efficient optical transceivers and expand globally. This breakthrough could significantly reduce energy usage in data centers, which currently consume about 2% of global electricity.
ArabFounders
United Arab Emirates Dirham United States Dollar Siemens Healthineers AG MediaTek Inc. DEU SAU EGY ARE Ammar Aboulnasr Abdulaziz Alhomod Mohammad Sleiman Show more
Business & Industry, Press Release
15:45 05.04.2025
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