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Top Fintechnews Middle East News
Innovation · DohaThe NewsQatar Investment Authority expanded its Fund of Funds program to $3 billion, tripling its size a year after launch, and has added a coveted perk: access to subsidized AI computing power, a move that executives expect will help Doha become a leading venture hub.The program has deployed capital to 12 firms so far, with individual commitments ranging from $50 million to more than $150 million per fund, Mohsin Pirzada, QIA’s head of funds in…See the Story
Qatar Offers AI Compute to Lure Startups
67% Left coverage: 3 sources
Startups · DohaThe ScoopAbu Dhabi-based alternative asset manager Shorooq has raised $200 million to address what it sees as a gap that has slowed the Gulf’s startup-to-IPO pipeline, drawing Qatar as a backer for the first time.Qatar Investment Authority (QIA) joins other sovereign and institutional investors from the GCC and Asia in the new fund, which aims to bring institutional capital to the region’s late-stage and pre-IPO companies, according to a stateme…See the Story
Exclusive: Qatar Backs New $200M Fund From Abu Dhabi’s Shorooq
100% Left coverage: 2 sources
Uber · TanzaniaThe Kenya Times ~ Trending, Breaking News and Videos Tanzania’s Transport Sector Shaken as Uber Exits the Country Uber has officially ceased operations in Tanzania as of January 30, 2026, ending its ride-hailing services in the country. The company announced the decision, expressing regret for the disruption to daily commuters and thanking Tanzanians for their support since the launch of its services in Dar es Salaam.
“We have difficult news. S…See the Story
