Skip to main content

Signal in the noise.

Falak Holding Acquires Majority Stake in AI Innovator Kernel, Boosting Middle East Tech Scene

Kernel specializes in creating practical AI solutions and applications, transforming technical knowledge into real-world products. This acquisition by Falak Holding is set to significantly enhance AI development and investment in the region.

1 min read
Falak Holding Acquires Majority Stake in AI Innovator Kernel, Boosting Middle East Tech Scene

Falak Holding has announced its acquisition of a majority stake in Kernel, including its operations in Jordan and Saudi Arabia. This move aims to strengthen Falak's presence in the artificial intelligence technology sector and expand its investment and technical capabilities in this field.

Related editorial

  • MIS Teams Up with Saudi Fransi Capital to Power Up Saudi Arabia's Data Centers

    Startups and Entrepreneurship

    MIS Teams Up with Saudi Fransi Capital to Power Up Saudi Arabia's Data Centers

    MIS (Al Moammar Information Systems) and Saudi Fransi Capital are joining forces to explore building three major new data centers in Riyadh, Dammam, and Jeddah. MIS will handle the development, design, and management of these facilities, which aim to add a significant 48 megawatts of capacity to Saudi Arabia's digital infrastructure, supporting the nation's digital transformation goals.

    Jul 22, 20261 min read
  • Corner, the Gen Z Social Map, Secures $7.5M to Power AI-Driven Discovery

    Startups and Entrepreneurship

    Corner, the Gen Z Social Map, Secures $7.5M to Power AI-Driven Discovery

    Corner, a social mapping app popular with Gen Z, has successfully raised its total funding to $7.5 million. The company is leveraging this investment to enhance its platform, particularly by integrating artificial intelligence into its search engine. This allows Corner to provide personalized recommendations based on user reviews and in-app content, moving beyond traditional map services to offer a more tailored discovery experience.

    Jul 22, 20263 min read
  • NTI and Huawei Partner to Train Egyptian Talent in Key Digital Technologies

    Startups and Entrepreneurship

    NTI and Huawei Partner to Train Egyptian Talent in Key Digital Technologies

    The National Telecommunication Institute (NTI) and Huawei are teaming up to offer exciting new training programs! These courses cover essential digital skills like AI, Big Data, network infrastructure, cloud computing, cybersecurity, and 5G, helping young Egyptians get ready for the jobs of tomorrow.

    Jul 22, 20262 min read