In this issue
Skipr secures $2 million seed to build AI-to-AI trust layer
02/03/2026
Skipr, the autonomous trust fabric for the age of AI, today announced the close of its $2 million seed funding round at a $10 million valuation. The funding supports the startup’s expansion from Hub71, Abu Dhabi’s global tech ecosystem, as it scales sovereign AI infrastructure for national and enterprise deployments.
Saudi’s Arabian Mills signs expansion deals with Swiss firm Bühler AG for $19mln
04/03/2026
Arabian Mills Company for Food Products has signed two deals with a combined value of around SAR 71.2 million ($19 million) with Switzerland-based Bühler AG to execute strategic expansion projects at its facilities in Saudi Arabia.
CATRION completes acquisition of 55% in Al Khalejiah Catering
02/03/2026
CATRION Catering Holding Co. completed the acquisition of a 55% stake in Al Khalejiah Catering Co. (AKCC), after fulfilling all conditions set out in the agreement. In a statement to Tadawul, the company said it obtained all required regulatory approvals, including the clearance from the General Authority for Competition (GAC).
Abu Dhabi’s 2PointZero subsidiary buys a stake in US health tech firm Whoop
04/03/2026
A subsidiary of the Abu Dhabi-listed 2PointZero Group PJSC has acquired an undisclosed stake in the US-based health tech firm, Whoop, Inc. Whoop, which offers a subscription-based wearable platform, has raised more than $400 million since its 2005 launch from investors including SoftBank Vision Fund, IVP and GP Bullhound.
Tahweel in deal with Tasnee to acquire Saudi industrial group for $186m
03/03/2026
Saudi Holding Company for Conversion Industries (Tahweel Holding) has entered into a deal with leading petrochemical group Tasnee to acquire 100% of the share capital of its entity – Al Rowad Industrial Transformation Company (Target Company) for SAR700 million ($186.4 million).
Saudi Fisheries extends Al-Haridah 51% stake sale for two months
01/03/2026
Saudi Fisheries Co. (SFICO) reached an agreement with Sara National Trading Co. to extend the period for transferring the lease contract and licenses related to the sale of a 51% stake in Al-Haridah National Aquaculture Co. for two additional months, starting Feb. 26, according to a Tadawul statement.
Rimal Semiconductors raises bridge round to scale Saudi chip design
04/03/2026
Rimal Semiconductors, a Saudi chip design startup, has secured a bridge funding round from Keheilan Asset Management and an undisclosed regional investor as it looks to strengthen its position within the global semiconductor supply chain.
Qatar’s iQtech secures first funding round to scale XR medical training platform
04/03/2026
Qatar-based healthtech startup iQtech has closed its first investment round with backing from European assessment technology firm Selexi and deep-tech partner Yuniro to advance its XR-based (extended reality-based) medical simulation platform.
SAL to acquire 100% stake in Aviapartner Liège for SAR 123 mln
05/03/2026
SAL Saudi Logistics Services Co. signed a sale and purchase agreement with Aviapartner Belgium NV and Aviapartner Holding NV to acquire 100% of their stake in Aviapartner Liège SA for SAR 123 million, on a cash- and debt-free basis.
