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Saudi-Based Venture-Building Platform Madinah Hubs Acquires Strategic Stake in SBTL to Accelerate Ecosystem Growth

Madinah Hubs has completed its first strategic investment through partial acquisition of SBTL, signaling a broader push to position Al Madinah as a regional center for entrepreneurship, innovation, and venture development.

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Madinah Hubs has announced the completion of its first strategic investment through its investment arm, Ohud Investments, acquiring a partial stake in SBTL, a company specialized in leadership development, innovation, entrepreneurship, and ecosystem-building programs.

The deal marks a major milestone for Madinah Hubs as it expands beyond startup support into direct strategic investment and ecosystem consolidation, reinforcing Saudi Arabia’s wider ambitions to build innovation-driven regional economies under Vision 2030.

The investment was completed in partnership with SBTL founder and CEO Sayed Ahmed Sayed and represents the first step in Madinah Hubs’ broader strategy to create an integrated entrepreneurial ecosystem connecting founders, institutions, investors, and innovation programs.

Madinah Hubs Expands Beyond Incubation

Since launching in early 2026 under the leadership of Hasan bin Abdullah Jabarti, Madinah Hubs has been developing a comprehensive entrepreneurship and innovation platform focused on venture building, investment readiness, ecosystem enablement, and startup growth.

The acquisition of SBTL significantly strengthens that strategy by adding specialized expertise in transformation programs, entrepreneurial training, leadership development, and innovation capacity-building.

“Our investment in SBTL is not merely an investment transaction; it is a strategic step toward uniting two ecosystems that believe Al Madinah Al Munawwarah can become a global model for entrepreneurship,” said Hasan Jabarti.

He added that the partnership aims to accelerate ecosystem growth while expanding the long-term impact created by both organizations.

The move reflects a growing trend across Saudi Arabia where entrepreneurship support organizations are evolving into vertically integrated platforms combining incubation, education, investment, venture development, and ecosystem infrastructure under unified models.

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SBTL Built One of the Region’s Emerging Innovation Platforms

Over the past several years, SBTL has emerged as a specialized player in designing and operating leadership, entrepreneurship, and innovation programs across the region.

According to the company, SBTL has supported more than 3,000 beneficiaries through specialized programs and initiatives focused on entrepreneurship and innovation.

The company has also delivered over 120 programs and collaborated with more than 200 institutional and ecosystem partners, while facilitating more than 12,500 hours of workshops, training programs, hackathons, and innovation experiences.

Its work has focused heavily on helping founders, organizations, and emerging ventures develop operational capabilities, leadership skills, and innovation strategies capable of driving long-term growth.

“We view this partnership as the beginning of a new phase of growth and development,” said Sayed Ahmed Sayed, Founder and CEO of SBTL.

“Our goal is not only expansion, but building ecosystems capable of creating real and sustainable impact for individuals, organizations, and entrepreneurial ventures,” he added.

Saudi Arabia Deepens Regional Innovation Infrastructure

The transaction highlights Saudi Arabia’s broader push to strengthen regional entrepreneurship ecosystems beyond Riyadh and major metropolitan centers.

As part of Vision 2030, the Kingdom has increasingly expanded investment into startup infrastructure, innovation districts, accelerators, venture capital, and entrepreneurship enablement programs across multiple cities and provinces.

For Al Madinah Al Munawwarah specifically, the partnership positions Madinah Hubs as a growing ecosystem orchestrator capable of combining capital, talent development, startup support, and strategic partnerships into a unified platform.

Madinah Hubs says the SBTL acquisition is only the first step in a larger investment strategy focused on building a diversified portfolio of high-impact ventures capable of supporting long-term economic transformation in the region.

As Saudi Arabia intensifies efforts to diversify its economy and build knowledge-based industries, organizations like Madinah Hubs are increasingly becoming key infrastructure layers within the country’s expanding innovation economy.

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UAE SpaceTech Giant Space42 Launches Future Space Pioneers Program to Train Emirati Students in Space, AI and Advanced Technologies

Abu Dhabi-based Space42 has launched the Future Space Pioneers program, giving Emirati students up to 16 weeks of practical experience across space technology, artificial intelligence and data as the UAE develops its next generation of specialised talent.

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UAE-based AI-powered space technology company Space42 has launched the Future Space Pioneers program, a new initiative designed to introduce Emirati students to careers in the space industry and develop practical skills across space technology, artificial intelligence and advanced technologies.

The program will run for between four and 16 weeks at Space42 facilities, combining technical education with hands-on experience and exposure to teams working across different parts of the space industry.

It targets Emirati students studying science, technology, engineering and mathematics (STEM) subjects alongside artificial intelligence, data management and other technical disciplines.

The first cohort includes students from Khalifa University of Science and Technology, Mohamed bin Zayed University of Artificial Intelligence and Zayed University, as well as pupils from schools selected by Abu Dhabi’s Department of Education and Knowledge.

Space42 said it plans to welcome new cohorts twice a year, creating a recurring pipeline connecting schools and universities with professional opportunities in the UAE’s growing space sector.

From University Classrooms to Real Space Operations

Future Space Pioneers is structured to give students early exposure to the technologies and working environments they could encounter in a professional space career.

Participants are selected based on academic and professional criteria, including studying a relevant discipline, meeting a minimum GPA requirement and completing interviews.

The program includes theoretical seminars exploring applications of space technologies and how artificial intelligence can support the analysis of large volumes of data. Students will also undertake practical experiences supervised by industry specialists and work on challenges relevant to companies and the broader sector.

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Alongside technical training, Space42 will focus on workplace capabilities including problem-solving, collaboration, communication and adaptability.

At the end of the program, participants will receive a Space42 certificate recognised by participating partner organisations.

“The future of the space sector is not only linked to the technologies we develop, but also to the people who can understand, apply and develop these technologies in the future,” said Adith Abraham, Vice President of Talent Acquisition and Development at Space42.

AI Is Becoming Increasingly Important to the Space Industry

The initiative also illustrates the growing overlap between artificial intelligence and space technology.

Modern satellites and Earth observation systems can produce enormous volumes of data. AI can help process that information at scale, identify patterns and convert raw geospatial data into insights that governments and businesses can use.

That intersection sits at the centre of Space42’s own business.

The Abu Dhabi-headquartered company was formed in 2024 through the merger of Bayanat and Yahsat, combining satellite communications, geospatial data and artificial intelligence capabilities. Space42 is listed on the Abu Dhabi Securities Exchange under the ticker SPACE42, with G42, Mubadala and IHC among its major shareholders.

Its operations are organised into two main business units. Space Services focuses on satellite operations and fixed and mobile satellite solutions, while Smart Solutions combines geospatial data acquisition and processing with AI to support decision-making and operational efficiency.

That structure gives participating students exposure to an industry extending well beyond traditional satellite engineering into areas such as AI, data science, geospatial intelligence and software.

Space42 Supports UAE’s National Space Strategy 2031

The program forms part of Space42’s contribution to the UAE National Space Strategy 2031, which seeks to develop domestic capabilities and strengthen the country’s position in the global space economy.

Building physical infrastructure, launching satellites and developing advanced AI systems are only part of that ambition. Maintaining a competitive domestic space industry also requires engineers, researchers, data specialists and technology professionals capable of developing and operating those systems over the long term.

For Space42, the Future Space Pioneers program is intended to expose Emirati students to those career possibilities before they enter the workforce.

Abraham said the increasing convergence between space and artificial intelligence is creating greater demand for professionals who combine technical expertise with the ability to address complex practical challenges.

By recruiting students from both universities and schools, the company is also attempting to build that pipeline relatively early rather than waiting until graduates begin looking for employment.

Building a Pipeline of Emirati Space and AI Talent

Space42’s decision to run two cohorts annually could turn the initiative into a longer-term talent development channel rather than a one-off internship program.

The four-to-16-week format gives participants different levels of exposure while partnerships with universities and schools create a mechanism for continuously identifying potential talent.

For students, the program offers an opportunity to understand how academic disciplines such as engineering, AI and data science translate into real-world applications across satellites, geospatial intelligence and other space technologies.

For Space42 and the wider UAE ecosystem, the objective is broader: developing more Emirati professionals capable of working at the intersection of space, AI and advanced technology.

As the UAE continues investing in its space economy, initiatives such as Future Space Pioneers address a less visible but important part of that expansion — ensuring that the growth of sophisticated technology infrastructure is accompanied by a domestic workforce capable of building, operating and advancing it.

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UAE Defence Tech Giant EDGE Completes Acquisition of 30-Year-Old Brazilian Aerospace Firm AKAER, Expanding UAV, Space and Advanced Engineering Capabilities

UAE advanced technology and defence group EDGE has completed its acquisition of Brazilian aerospace engineering company AKAER, expanding its engineering and industrial capabilities in Brazil across unmanned systems, optronics and space technologies.

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UAE-based advanced technology and defence group EDGE has completed the acquisition of Brazilian aerospace engineering specialist AKAER, deepening its presence in Brazil and adding more than three decades of aerospace and defence engineering expertise to the group.

The completion follows the signing of a share purchase agreement between EDGE and AKAER in July 2026. All customary conditions precedent have now been fulfilled, completing a transaction originally structured for EDGE to acquire a 100% stake in the Brazilian company.

As part of the final corporate structure, however, SIATT will hold a minority equity stake in AKAER. The arrangement is designed to preserve AKAER’s classification as an Empresa Estratégica de Defesa (EED), or Strategic Defence Company, in Brazil.

Financial terms of the transaction were not disclosed.

“The completion of this acquisition marks an important milestone for EDGE in Brazil,” said Hamad Al Marar, Managing Director and CEO of EDGE Group. “We look forward to AKAER’s continued contribution to Brazil’s defence ecosystem and to the strength its engineering talent brings to EDGE’s capabilities across the Group.”

AKAER Adds Three Decades of Aerospace Engineering Expertise

Founded more than 30 years ago, AKAER operates across aerospace and defence engineering, providing capabilities covering the complete product lifecycle from initial design through industrialisation.

The acquisition gives EDGE an established engineering base in Brazil alongside a multidisciplinary technical workforce capable of supporting complex aerospace programmes.

When announcing the agreement in July, EDGE said AKAER’s capabilities would help the group strengthen industrialisation timelines for key unmanned aerial vehicle (UAV) programmes while expanding its expertise in areas including optronics, electro-optical and infrared systems, and space-related technologies.

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AKAER and EDGE were already working together before the acquisition, particularly around the development and industrialisation of unmanned systems. That existing relationship provides a foundation for integrating the Brazilian company’s engineering expertise into EDGE’s wider portfolio.

“AKAER brings real engineering depth to EDGE,” Al Marar said when the agreement was announced. “This is a highly specialised team with three decades of experience delivering complex aerospace programmes.”

SIATT Takes Minority Stake to Preserve Brazilian Defence Status

The transaction’s final ownership structure contains an important distinction from the original announcement of EDGE acquiring 100% of AKAER.

EDGE said SIATT will hold a minority equity position under the agreed corporate structure, allowing AKAER to retain its status as an Empresa Estratégica de Defesa.

Preserving that designation is strategically important to AKAER’s position within Brazil’s domestic defence ecosystem and allows the company to continue operating within the country’s framework for strategically important defence businesses.

The structure also reflects EDGE’s broader approach to Brazil, where the UAE group is building local industrial capabilities rather than treating the market solely as a destination for exports.

According to the companies, the transaction is expected to support direct and indirect employment while developing Brazilian technical expertise and advancing strategic technologies and technological sovereignty.

EDGE Deepens Its Industrial Presence in Brazil

AKAER becomes another component of EDGE’s growing investment footprint in Brazil.

The country provides EDGE with an established aerospace and defence industrial base, specialised engineering talent and a platform for developing technologies locally. AKAER’s engineering workforce further strengthens those capabilities, particularly as EDGE expands its unmanned systems portfolio.

The strategic logic extends beyond gaining access to engineering capacity. Aerospace and defence programmes require lengthy development, testing and industrialisation processes, and having engineering capabilities closer to production can provide greater control over how products move from design into manufacturing.

AKAER’s expertise across the complete product lifecycle could therefore help EDGE reduce dependencies between different stages of development and industrialisation.

Its capabilities in optronics and electro-optical and infrared technologies also complement applications across surveillance, targeting, autonomous systems and other advanced aerospace and defence platforms.

Acquisition Builds a UAE-Brazil Aerospace Technology Bridge

The completed acquisition strengthens an increasingly important industrial relationship between EDGE and Brazil.

For AKAER, integration with EDGE provides access to a larger international technology and defence group while maintaining its Brazilian operating base and strategic defence status. For EDGE, the company adds engineering expertise, local industrial capacity and decades of experience delivering complex aerospace programmes.

The acquisition also gives the UAE group another platform from which technologies developed across its businesses can potentially be engineered, adapted and industrialised for different markets.

EDGE has emphasised continuity for AKAER’s employees, existing programmes and customers while pursuing closer integration over time.

With the transaction now completed, the focus shifts from ownership to execution — particularly how AKAER’s Brazilian engineering capabilities will contribute to EDGE’s unmanned systems, aerospace, optronics and space technology programmes.

The deal consequently represents more than an overseas acquisition for the UAE group. It strengthens a cross-border industrial base connecting Emirati investment and advanced defence technology with Brazil’s established aerospace engineering ecosystem.

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Saudi Gaming Startup Takahouse Raises $1.5M Round from Impact46 to Develop New Products

The investment will support new game development as Takahouse builds on the early traction of its social card title WhistGame.

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Saudi gaming startup Takahouse has raised $1.5 million in an investment round from Impact46, securing fresh capital to develop new products and strengthen its position in the local gaming market.

The financing comes as Takahouse seeks to establish itself as a regional developer and publisher of mobile games that combine entertainment with social interaction. The company has not disclosed additional details about the transaction or provided a timetable for deploying the capital.

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Building Games Around Social Interaction

Founded in 2018, Takahouse develops electronic games and interactive applications designed to deliver high-quality user experiences while encouraging communication between players.

Its approach reflects a broader shift in mobile gaming, where social features increasingly sit at the centre of the experience rather than operating as optional additions. For Takahouse, that means developing products that allow players to interact and build connections within the gaming environment.

The company released its first title, WhistGame, in 2021. The interactive card game has attracted more than 140,000 users to date and, according to Takahouse, has recorded strong player-retention indicators.

WhistGame gives the startup an early foundation from which to assess user behaviour, refine its development strategy and explore additional titles. Its traction also offers initial evidence that socially driven gaming products developed for regional audiences can build sustained engagement.

Fresh Capital for Product Development

Takahouse expects the latest investment to support the continued development of new products. The funding should also give the company additional resources to improve its existing capabilities as it competes in Saudi Arabia’s growing domestic gaming ecosystem.

While Takahouse has not outlined the number or format of the products in its pipeline, its stated strategy centres on strengthening the relationship between entertainment and communication across mobile gaming platforms. The company aims to translate the model behind WhistGame into a broader portfolio rather than relying on a single title.

Developing multiple games could help Takahouse diversify its audience and create new opportunities for engagement. However, scaling a gaming business requires more than releasing additional products: the company will need to maintain quality, retain players and identify concepts that can stand out in a highly competitive mobile market.

A Regional Publishing Ambition

Takahouse has set out to become one of the region’s leading game developers and publishers, building from its roots in Saudi Arabia and the audience it has established through WhistGame.

Impact46’s backing provides financial support for that ambition while adding an investor with experience in Saudi Arabia’s technology sector. The round also signals continued interest in locally developed digital entertainment companies capable of creating products for regional consumers.

The next stage will centre on whether Takahouse can turn WhistGame’s early reach into a repeatable development and publishing model. With $1.5 million in new funding, the startup now has more room to expand its product slate, sharpen its technology and compete for a larger share of the region’s mobile gaming audience.

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