Middle East Daily
    Hot News
    Business

    HONOR announces collaboration with Sharaf DG

    Lifestyle

    Samsung announces pre-orders for the Bespoke AI Jet Ultra, the world’s most powerful stick vacuum cleaner

    Business

    DEWA and Siemens Energy strengthen strategic partnership

    Important Pages:
    • Privacy Policy
    • Terms & Conditions
    Facebook Twitter Instagram Pinterest
    • Privacy Policy
    • Terms & Conditions
    Saturday, July 18
    Facebook Twitter
    Middle East Daily
    • Home
    • News

      From Play-to-Earn to Player Ownership: GameChain Collective Drives the Next Gaming Evolution

      Tiësto to Headline INFINITY Lisbon at SBC Summit 2026

      Franc Vila Names Gulf Its Primary Market as Region’s Luxury Watch Sector Approaches $830 Million

      Kuwait shimmers in national colors; MoI at the ready

      Faraday Future Announces New FX Super One Deliveries in the Middle East as It Continues to Advance Towards the Region’s 2026 Delivery Goals

    • Business

      SBC Teams Up with Conversion Conf for Affiliate Leaders Summit 2026

      Africa, the Far East and Other Emerging Markets Take Centre Stage at SBC Summit

      Türkiye Commemorates 15 July Martyrs with Memorial Ceremony and Photo Exhibition

      The Emirates Group concludes its National Service Career Fair participation on a high note

      Explore Troy: The Ancient City That Shaped Legends

    • Technology

      Africa, the Far East and Other Emerging Markets Take Centre Stage at SBC Summit

      Faraday Future Advances Middle East EAI Robotics Strategy Through Strategic Cooperation with Local UAE and GCC Ecosystem Partners

      SBC Summit to Examine What Effective Player Protection Looks Like in Practice

      From Play-to-Earn to Player Ownership: GameChain Collective Drives the Next Gaming Evolution

      CNTXT AI Acquires Actualize to Strengthen Arabic Voice AI for Enterprise and Government Across the GCC

    • Lifestyle

      Dubai luxury real estate market strengthens across key price brackets

      Eqvilent Employee-Athlete Wins International Dressage Championship for UAE

      Emirates’ latest services and enhancements for customers with accessibility requirements

      Dubai’s rise as the global capital of branded residences: Documented by Provident

      Joel Corry and Imanbek to headline star-studded SBC Summit Opening Party

    • Submit A Press Release
    Breaking News:
    • SBC Teams Up with Conversion Conf for Affiliate Leaders Summit 2026
    • Africa, the Far East and Other Emerging Markets Take Centre Stage at SBC Summit
    • Türkiye Commemorates 15 July Martyrs with Memorial Ceremony and Photo Exhibition
    • The Emirates Group concludes its National Service Career Fair participation on a high note
    • Explore Troy: The Ancient City That Shaped Legends
    • One Mountain, Four Seasons, Endless Adventure in Türkiye The 9th Uludağ Premium Ultra Trail Kicks Off Today
    • Faysal Bank Strengthens Partnership with LUMS to Support Education
    • Embraer Delivers First C-390 Millennium to Czech Air Force Just 20 Months After Contract Signing
    Middle East Daily
    Home » CNTXT AI Closes $60M Series A to Deploy Sovereign AI Globally
    Business

    CNTXT AI Closes $60M Series A to Deploy Sovereign AI Globally

    Share
    Facebook Twitter LinkedIn Pinterest WhatsApp

    CNTXT AI, a UAE-based data and AI company that enables companies and institutions to develop AI solutions while maintaining full sovereignty over their data, announced the successful closing of a $60 million Series A funding round.

    The round was co-led by two of the region’s most active AI investors: AI71, Abu Dhabi’s applied AI company focused on sovereign, domain‑specialized AI, and BlueFive Capital, a global asset manager originating out of the GCC. The funding will support continued product development, expansion into new markets, and global deployment of secure AI infrastructure for enterprise and public-sector environments.

    CNTXT AI was founded by Mohammad Abu Sheikh, a tech entrepreneur with a track record of successful exits and deep experience across AI infrastructure, applied AI platforms, and ecosystem development. Abu Sheikh’s previous venture LocAI was successfully acquired by AI71, who now returns as co-lead investor in this round. He is also the founder of SMPL AI, a $25 million fund supporting early-stage AI startups, reinforcing his role in building a global AI ecosystem focused on real-world impact.

     

    The company works with global technology leaders including Oracle, NVIDIA, and AWS, and has supported several major global AI developers on large language model initiatives, deploying enterprise and government AI projects across multiple markets. Its proprietary products include Munsit, the most accurate Arabic voice AI, which has processed over one million minutes of speech and serves more than 250 enterprises and 150,000 users.

    Mohammad Abu Sheikh, Founder and CEO of CNTXT AI:

    “The era of AI experimentation is over; the era of execution has begun. This funding strengthens our ability to build the sovereign infrastructure and talent needed to deploy AI at scale. Our focus has always been on making AI work in the real world, under the most demanding conditions.”

    Reda Nidhakou, member of AI71 board of Directors, and CEO of VentureOne:

    “CNTXT AI capabilities and speed of execution stand out in this fast moving AI world. An impressive venture born in the UAE but addressing global AI deployment needs. This investment strengthens our ability to build the environment needed to deploy AI at scale and to address our clients data sovereignty requirements.”

    Hazem Ben-Gacem, Founder and CEO of BlueFive Capital:

    “We backed CNTXT AI because they are building exactly the kind of technology-driven platform the region needs, one that turns raw data into real AI outcomes. This is the type of globally competitive business we want to build alongside.”

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp

    Related Posts

    Business

    SBC Teams Up with Conversion Conf for Affiliate Leaders Summit 2026

    Business

    Africa, the Far East and Other Emerging Markets Take Centre Stage at SBC Summit

    Business

    Türkiye Commemorates 15 July Martyrs with Memorial Ceremony and Photo Exhibition

    Business

    The Emirates Group concludes its National Service Career Fair participation on a high note

    Business

    Explore Troy: The Ancient City That Shaped Legends

    Business

    One Mountain, Four Seasons, Endless Adventure in Türkiye The 9th Uludağ Premium Ultra Trail Kicks Off Today

    Business

    Faysal Bank Strengthens Partnership with LUMS to Support Education

    Business

    Embraer Delivers First C-390 Millennium to Czech Air Force Just 20 Months After Contract Signing

    Follow Us
    • Facebook
    • Twitter
    Top Posts
    Business

    KIB’s Mubader Center signs a strategic cooperation memorandum with the Kuwait Asian Import & Export Company

    Kuwait, 12 November 2025: In a move that underscores its continued commitment to supporting entrepreneurs and small and medium-sized enterprises (SMEs) in Kuwait, KIB Mubader Center, the business incubator and accelerator affiliated with Kuwait International Bank (KIB), announced the signing of a Memorandum of Understanding (MoU) and strategic cooperation with the Kuwait Asian Import & Export Company. The agreement aims to enhance collaboration in empowering entrepreneurs and streamlining import operations from China. The partnership aims to provide practical and end-to-end solutions that help entrepreneurs overcome the challenges associat

    Business

    Europe’s iGaming Hub to Host 6,000 Strong at SBC Summit Malta

    Malta’s gaming scene is about to come alive as 6,000 professionals gather for the first-ever SBC Summit Malta—a…

    Business

    Burgan Bank Unveils its 2025 Annual Sustainability Report

    Reinforcing the Bank’s commitment to advancing responsible banking practices in Kuwait Kuwait, 9 April 2026 Burgan Bank has unveiled its 2025 Annual Sustainability Report, reinforcing its commitment to responsible banking while driving measurable progress across its environmental, social, and governance (ESG) priorities and marking another milestone in its journey to advance responsible banking and long-term value creation. The 2025 report reflects a year of scaled impact and deeper integration of ESG across the Bank’s strategy, operations, and decision-making; documenting Burgan Bank’s dedication to shaping a more re

    Business

    HID showcases next-generation access control solutions at Intersec Saudi Arabia 2025

    Riyadh, Saudi Arabia – HID, a worldwide leader in trusted identity solutions, showcased its latest portfolio…

    Business

    CINET Celebrates 25 Years of Foundation and a Journey That Contributed to Reshaping the Credit Landscape in Kuwait

    Al-Humaidhi: CINET’s journey represents a national model in building a unified and trusted ecosystem that supports economic growth and enhances the efficiency of the financial sector. Al-Owaish: Credit information has evolved into a strategic tool that supports informed decision-making and strengthens the efficiency of financial and credit risk management. Kuwait, 21st June 2026: Kuwait Credit Information Network Company (CINET), the leading and sole provider of credit information and ratings in the State of Kuwait, is celebrating 25 years since its establishment. This milestone represents a journey of transformation and devel

    Welcome to Middle East Daily, your daily dose of news and insights from the heart of the Middle East. Explore the latest headlines, delve into thought-provoking analysis, and engage with stories that define our region's narrative.

    Facebook Twitter
    Categories
    • Business (855)
    • Lifestyle (127)
    • News (137)
    • Technology (114)
    Top Insights
    Business

    METRA Group Highlights Gold-Backed Digital Asset Infrastructure at WSIS Forum 2026 in Geneva

    Business

    Burgan Bank Signs Strategic Partnership with KIBS and Participates in Hult Ashridge Executive Program

    © 2026 Middle East Daily.
    • Home
    • Privacy Policy
    • Terms & Conditions

    Type above and press Enter to search. Press Esc to cancel.