UnifyApps Raises $50 million to scale enterprise AI Platform and expand Gulf presence

UnifyApps Raises $50 million to scale enterprise AI Platform and expand Gulf presence
The company also announced that enterprise software veteran and early investor Ragy Thomas will join UnifyApps as chairman and co-chief executive officer, working alongside co-founder and CEO Pavitar Singh. (SUPPLIED)
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Updated 24 October 2025
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UnifyApps Raises $50 million to scale enterprise AI Platform and expand Gulf presence

UnifyApps Raises $50 million to scale enterprise AI Platform and expand Gulf presence

DUBAI: UnifyApps has raised $50 million in Series B funding to expand development of its enterprise platform designed to osimplify the implementation of AI across corporate systems.

According to the company, the move comes at a critical time when it is looking to expand it’s Gulf teams – as the region experiences a boom in AI investment and development.

Unify Apps already leds projects for Abu Dhabi Department of Gov Enablement, Air Arabia, Digital Dubai Authority, Department of Digital Ajman, Department of Economy & Tourism, Smiles by E&

The round was led by WestBridge Capital with participation from ICONIQ and other investors, bringing the company’s total funding to $81 million.

The company also announced that enterprise software veteran and early investor Ragy Thomas will join UnifyApps as chairman and co-chief executive officer, working alongside co-founder and CEO Pavitar Singh.

“In the UAE and Saudi Arabia, governments are advancing landmark national plans such as UAE’s AI Strategy 2031 and Saudi Arabia’s National Strategy for Data & AI (NSDAI), which places AI, data governance and digital transformation at the heart of their future growth. Every software workflow and core business process, from finance to supply chain, HR to healthcare, will be reimagined with AI at its core,” Thomas said in a satement.

“UnifyApps is building the platform that will enable enterprises in the Gulf to fulfil those visions.”

UnifyApps’ platform is intended to address the challenge with scaling generative AI projects beyond small pilots. According to the company, difficulties are often due to the inability of large language models to access fragmented systems of record and internal knowledge sources, as well as an absence of integration with workplace systems where tasks are actually executed. As a result, the company says enterprises can accumulate multiple disconnected AI applications that require separate integrations, adding cost and complexity.

UnifyApps markets its software as an “Enterprise Operating System for AI,” positioned to unify data sources, business processes, and AI models.


Saudi Arabia’s non-oil sector posts strong growth as PMI hits 60.2 

Saudi Arabia’s non-oil sector posts strong growth as PMI hits 60.2 
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Saudi Arabia’s non-oil sector posts strong growth as PMI hits 60.2 

Saudi Arabia’s non-oil sector posts strong growth as PMI hits 60.2 

RIYADH: Saudi Arabia’s non-oil economy accelerated in October, with the Purchasing Managers’ Index climbing to 60.2, its second-highest level in more than a decade, signaling strong business growth momentum. 

The latest survey by Riyad Bank and S&P Global showed a sharp improvement in operating conditions across the Kingdom’s private sector, underpinned by solid demand, rising employment, and robust output growth.  

The October reading, up from 57.8 in September, highlights the sustained momentum of the non-oil economy as Vision 2030 reforms continue to drive diversification away from crude revenues. 

Speaking at the Future Investment Initiative in October, Saudi Arabia’s Minister of Economy and Planning Faisal Alibrahim said the Kingdom’s gross domestic product is expected to expand by 5.1 percent in 2025, supported by continued growth in non-oil activities. 

Commenting on the latest report, Naif Al-Ghaith, chief economist at Riyad Bank, said: “Saudi Arabia’s non-oil private sector recorded a solid improvement in business conditions in October, with the PMI rising to 60.2, marking one of the strongest readings in over a decade.”  

He added: “The acceleration was driven by broad-based gains in output, new orders, and employment, reflecting sustained demand momentum and continued strength in the non-oil economy.”  

Al-Ghaith noted that the latest survey results also indicate a strong start to the final quarter of the year, supported by both domestic and external demand. 

According to the report, the pace of growth in new orders received by non-oil companies accelerated for the third consecutive month in October, with 48 percent of surveyed firms reporting higher sales. 

Participating companies attributed the sales growth to improving economic conditions, a growing client base, and increased foreign investment. 

Output and employment also expanded sharply during the month, with job creation rising at the fastest pace in nearly 16 years.

Al-Ghaith said the persistent rise in new export orders highlights the growing competitiveness of Saudi firms and the progress achieved under ongoing diversification initiatives. 

“The rise in demand encouraged firms to expand production and workforce capacity at the fastest rate since 2009, as businesses expanded capacity to meet new workloads. Purchasing activity and inventories also increased, while suppliers’ delivery times continued to improve, reflecting efficient coordination and resilient supply chains,” he added.  

October data indicated a sharp rise in input costs for non-oil firms, driven mainly by wage increases from salary revisions and bonuses. 

On the outlook, companies remained optimistic, citing strong market demand, ongoing project work, and government investment initiatives. 

“Optimism is underpinned by solid domestic demand and the momentum of ongoing projects. Although some concerns persist around costs and competition, sentiment overall remains strongly positive, reflecting confidence in the economy’s continued expansion and the strength of the non-oil private sector,” concluded Al-Ghaith.