{"id":93976,"date":"2024-07-18T00:00:00","date_gmt":"2024-07-18T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/majarra-acquires-uae-based-arabic-ai-and-nlp-startup-lableb\/"},"modified":"2024-07-18T00:00:00","modified_gmt":"2024-07-18T00:00:00","slug":"majarra-acquires-uae-based-arabic-ai-and-nlp-startup-lableb","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2024\/07\/18\/majarra-acquires-uae-based-arabic-ai-and-nlp-startup-lableb\/","title":{"rendered":"Majarra acquires UAE-based Arabic AI and NLP startup Lableb"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Majarra acquires Lableb:<\/strong> UAE-based Arabic digital content provider <a target=\"_blank\" href=\"https:\/\/majarra.com\/\" style=\"\" rel=\"noopener\">Majarra<\/a> acquired <a target=\"_blank\" href=\"https:\/\/lableb.com\/\" style=\"\" rel=\"noopener\">Lableb<\/a>, a local Arabic AI and natural language processing (NLP) startup, for an undisclosed sum, according to a <a target=\"_blank\" href=\"https:\/\/www.wamda.com\/2024\/07\/majarra-acquires-arabic-ainlp-startups-lableb\" style=\"\" rel=\"noopener\">press release<\/a>. The two companies share founders and shareholders. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">The move marks Majarra\u2019s entry into the AI sector: <\/strong><span style=\"background-color: transparent;\">\u201cThrough Lableb, we see immense potential in bringing real-life applications to Large Language Models (LLMs), some of which have emerged from our region,\u201d said Majarra's executive chairman Abdulsalam Haykal and CEO Ammar Haykal.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Lableb will maintain its operational independence<\/strong> under the transaction, focusing on Arabic language processing challenges.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Lableb: <\/strong>Founded in 2017 by Kinda Altarbouch (<a target=\"_blank\" href=\"https:\/\/ae.linkedin.com\/in\/kindaaltarbouch\" style=\"\" rel=\"noopener\">LinkedIn<\/a>), Lableb\u2019s Arabic AI and Natural Language Processing (NLP) technology powers content discovery, personalization, enterprise search, and recommendation engines. Its clientele includes online stores, government platforms, news websites, and enterprise software providers, including Microsoft, AWS, and e-commerce platforms Zid, Salla, and Shopify.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Majarra: <\/strong>The mediatech company \u2014founded in 2004 by Abdulsalam Haykal (<a target=\"_blank\" href=\"https:\/\/ae.linkedin.com\/in\/abdulsalamhaykal\" style=\"\" rel=\"noopener\">LinkedIn<\/a>) \u2014 provides Arabic content through its Majarra App, featuring a library of over 50k articles, videos, and audio content. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The move marks Majarra\u2019s expansion into the AI sector<\/p>\n","protected":false},"author":1,"featured_media":93977,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2392],"tags":[7,1344,60,1341],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-93976","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ma-watch-2","tag-enterpriseam-uae","tag-ma","tag-ma-watch","tag-tech","wpautop","entry"],"acf":{"mongo_id":"4c9a1037-7f54-48c9-8731-6eda81bc6004","order":"6","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/2\/1201.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Majarra acquires UAE-based Arabic AI and NLP startup Lableb","related_issue":[93966],"teaser":"The move marks Majarra\u2019s expansion into the AI sector","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.27797cd8-40c3-48b9-8e95-6d7dac8bc4b9.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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