News

Saudi Financial Academy and AstroLabs to launch fintech bootcamp

The Saudi Financial Academy and AstroLabs have come together to offer a future-forward data for fintech training program aimed at inspiring the next generation of fintech pioneers in Saudi Arabia.

Sav raises $ 750,000 in pre-seed round

Sav, a leading innovator in the personal savings space, announced the successful closure of its pre-seed funding round, raising $750,000. The funding was raised from prominent angel investors and fint...

Collapse of Silicon Valley Bank threatens a wider financial crisis

The collapse of Silicon Valley Bank (SVB) threatened to prompt a wider financial crisis and the authorities had no choice but to roll out emergency measures, says the CEO of one of the world’s largest...

Kara raises SAR2.2 million in a pre-seed round

Kara, a startup that specializes in providing renting services for consumer electronic devices to institutions, announced the closing of its first investment round in the pre-seed stage, at a value of...

Social Development Bank pledges $6.4 billion to fund entrepreneurs in KSA

Today, the Social Development Bank (SDB) pledged $6.4 billion to fund entrepreneurs, small and medium-sized enterprises (SMEs), and freelancers across the Kingdom over the next three years.

Saudi startup, White Helmet wins Entrepreneurship World Cup at Biban 2023

Saudi Arabia-based startup, White Helmet, a platform to manage and monitor construction operations remotely, from anywhere and at any time emerged the victor of the Entrepreneurship World Cup (EWC) an...

GoDaddy and Monsha’at to empower SMEs and young entrepreneurs in Saudi Arabia

GoDaddy signed a partnership agreement with Saudi Arabia’s General Authority for Small and Medium Enterprises (Monsha’at) during Biban 23 to empower and inspire SMEs and young entrepreneur...

Saudi based FII Institute partners with Beta Lab to support impact-driven startups

The FII Institute, a new global non-profit foundation with an investment arm and one agenda—Impact on Humanity, signed a partnership with Beta Lab, a deep tech venture capital co-creation studio, at t...

2nd edition of WILD Riyadh a big success

The second WILD Riyadh event held on February 28th witnessed massive success having gathered over 130 women around the topics of gender equality, female support systems, and inspiration. It was also t...

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