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AI + Innovation (MENA) 
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NymCard secures USD 33 mn in Series B to expand embedded finance in MENA
Existing investors Lunate, Dubai Future District Fund, Mashreq Bank, and Shorooq joined the round, with new backing from Oraseya Capital
Adnoc taps AIQ for USD 340 mn agentic AI deployment
Plus: Phoenix Venture Partners closes private placement for startup fund
THIS MORNING: Adnoc eyes acquisitions of natgas fields in the US -report + Sharjah’s economy to grow 7.5% this year?
Plus: GCC Interconnection to award tender for UAE expansion within two months
My Morning Routine: Idriss Al Rifai, co-founder and CEO of Flow48
I believe that overnight success happens after 10 years of work
Flow48 raises USD 69 mn Series A funding round to expand SME lending
The round was led by French VC firm Breega
Mansa secures USD 10 mn in pre-seed and liquidity funding round + The Box lands USD 12.5 mn in debt financing
The funding includes USD 3 mn in pre-seed investment led by Tether and Polymorphic Capital
2PointZero acquires Egyptian fintech Maseera Holding, with plans for Abu Dhabi presence
The Abu Dhabi-based asset manager plans to inject some AED 1 bn into Maseera
Dragon Oil taps Schlumberger for Egypt production optimization partnership
Plus: Mantra Finance lands Vara license
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