QBurst targets Middle East as AI and digital transformation hub
- QBurst CEO says the firm is accelerating expansion in the Middle East to support governments and enterprises with AI, cloud and data engineering.
- The company will prioritise public‑sector projects, localisation and skills transfer to build delivery capacity in the region.
- Opportunity window cited by CEO includes Saudi digital transformation programmes and rising demand for managed AI engineering services.
Gulf Business · 2026-03-31
Dubai issues new rulebook to regulate crypto derivatives
- Dubai regulators introduced a rulebook to bring crypto derivatives under formal regulation amid rising market demand for leveraged virtual‑asset products.
- Measure aims to protect retail investors, tighten counterparty rules and require licensed platforms to meet clearing and reporting standards.
- Regional impact: Gulf exchanges and fintechs will need to update compliance frameworks; Saudi firms monitoring regulatory alignment.
Gulf Business · 2026-03-31
Runway launches $10 million VC fund to back early‑stage AI video startups
- Runway has set up a $10M fund to invest in early‑stage startups building AI video tools and media technologies.
- The Builders Programme will back companies from seed to Series C, highlighting Runway's strategy to expand its ecosystem and secure deal flow.
- Fund signals growing investor interest in generative video; Saudi and GCC media tech firms may be potential targets for partnerships.
The Economic Times · 2026-03-31
Rewterz launches AI‑Native Autonomous SOC for Middle East enterprises
- Rewterz announced an AI‑native autonomous Security Operations Center designed for machine‑speed detection, automated triage and coordinated response.
- Product targets enterprises and MSSPs in the Middle East, emphasising automation to address analyst shortages and reduce dwell time.
- Vendors stress integration with existing SIEM/XDR stacks and regional threat‑intelligence feeds; pricing and rollout schedule published in press release.
The National Law Review · 2026-03-31
Whoop raises $575M at $10.1B valuation and announces GCC expansion plans
- Wearables company Whoop closed a $575M funding round at a $10.1B valuation and said it will expand distribution and services across the GCC.
- GCC plans include localised language support, regional logistics and potential partnerships with Gulf health insurers and fitness operators.
- Expansion reinforces demand for health‑tech consumer devices in the Gulf and suggests partnership opportunities with Saudi health and sports initiatives.
Gulf Business · 2026-03-31