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Chinese President Xi Jinping met with top tech entrepreneurs, including Jack Ma and Ren Zhengfei, to bolster support for the private sector amid economic challenges and a trade war with the U.S. Xi emphasized the need to eliminate barriers for fair market competition.In other news, X has begun blocking links to the encrypted messaging app Signal, citing potential harm, despite Elon Musk's previous endorsement of the platform for privacy. Meanwhile, OpenAI cofounder Ilya Sutskever's new venture, Safe Superintelligence, is reportedly raising funds at a $30 billion valuation, focusing on advanced AI development.
Dubizzle Group has acquired Hatla2ee, a leading online car marketplace in Egypt, to enhance the automotive market experience for buyers and sellers. This strategic move aims to integrate advanced technology into Hatla2ee's platform, benefiting its 2 million monthly visitors. With Egypt's growing automotive industry, Dubizzle Group is committed to transforming car transactions in the region.
Riyadh-based startup Leajlak has secured SAR 10 million ($2.6 million) in seed funding from angel investors to enhance its AI-powered platform that connects merchants with logistics providers, focusing on last-mile delivery. The company plans to expand geographically within Saudi Arabia and enter new sectors like e-commerce and modern retail, while aiming to lead digital transformation in the delivery sector in line with Saudi Vision 2030. Founded in early 2023 by Khalid Albakry, Ahmed Rashid, and Haseeb Rahman, Leajlak is poised to capitalize on the booming delivery market driven by the growing e-commerce landscape.
Yogan Appalsamy has joined Barclays as the director of the principal investments team, bringing extensive fintech investment experience from Standard Chartered's CVC unit. Barclays actively invests in various sectors, including fintech and cleantech, with recent funding rounds for companies like Origen Power and Kaya AI. The bank also launched the Barclays Black Formation Investments in 2023, focusing on pre-seed companies led by black entrepreneurs.
Elon Musk and Genghis Khan share striking similarities as empire builders and disruptors, each reshaping their worlds through aggressive expansion and innovation. While Khan conquered lands with brutal force, Musk transforms industries with technology, from electric vehicles to space travel. Both leave a legacy marked by relentless ambition and a unique approach to family, with Musk's rumored 13th child echoing Khan's vast genetic legacy.
Egyptian B2B SaaS startup Qme has raised $3 million in seed funding led by AHOY to enhance its AI-powered digital queuing platform, which has already reduced wait times by 88% and no-show rates to under 1%. Since its launch in Q4 2023, Qme has served over 100,000 customers in healthcare, banking, and government sectors, while also contributing to environmental sustainability by eliminating paper-based systems. The partnership with AHOY will support Qme's expansion and innovation efforts across MENA and Africa.
Elon Musk's rumored 13th child with conservative influencer Ashley St. Clair has sparked speculation, especially following his cryptic tweet expressing interest in Genghis Khan. While Musk has a history of confirming his children's births, this latest claim remains unverified, raising doubts due to the lack of public records and photos. As Musk continues to expand his personal and professional empires, the internet is left questioning the authenticity of this latest addition to his family tree.
Ascona Group, a rapidly growing independent forecourt operator based in Pembrokeshire, has secured a £92 million refinancing package from HSBC UK and Barclays. This funding will support its expansion strategy, which has seen the company grow from two to 60 sites across the UK since 2017, serving over 300,000 customers weekly. The deal marks a significant milestone in Ascona's growth journey, with recognition as one of the UK's fastest-growing businesses for the second consecutive year.
Vast Menu, a Saudi startup focused on NFC and QR code technologies, has raised SAR 5 million (USD 1.33 million) in a pre-seed funding round led by Mr Mandoob. The funding was announced during LEAP 2025, where the startup showcased its innovative solutions for restaurants and cafés, enabling seamless transactions and menu management without the need for applications.
Nigerian startup Dojah is revolutionizing fraud prevention with its all-in-one identity verification solutions, launched in January 2021 by Tobi Ololade and Ayomide Oso. The company offers tools for real-time fraud detection, transaction monitoring, and AML compliance, serving businesses across Nigeria, Ghana, Kenya, and South Africa.With US$1.25 million in pre-seed funding, Dojah has verified 50 million identities and aims to expand its services throughout Africa. Operating on a B2B SaaS model, the startup focuses on scalability and market growth as demand for its solutions increases.
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