Saudi Arabia
Exel by Merak, Saudi Bridge launches gaming accelerator
Exel by Merak, a subsidiary of Merak Capital and Saudi Arabia’s premier innovation company, and Saudi Bridge, the operational arm of Entrepreneurship Vision Association, have signed a cooperation agre...
BRKZ secures $30 million from Stride Ventures
BRKZ, the leading B2B managed marketplace for building materials in Saudi Arabia, has secured up to $30 million in growth debt from Stride Ventures. The facility will enhance BRKZ’s capabilities to of...
Saudi Arabia’s erad secures $33mln debt financing
erad, the Riyadh-headquartered alternative financing platform for SMEs, has raised $33 million in debt financing to expand its operations in Saudi Arabia and the rest of the GCC. The round was led by ...
Saudi National Bank to launch SME Financing platform
Saudi National Bank (SNB), the Kingdom’s largest financial institution, today announced plans to launch a first-of-its-kind Point-of-Sale (POS) lending solution for small and medium enterprises ...
Tamara secures new asset-backed facility of up to $2.4B
Tamara, the first homegrown Saudi fintech unicorn, has secured the largest asset-backed facility of its kind in the region of up to $2.4 billion from major financial institutions, including Goldman Sa...
HALA raises $157 million in Series B funding round
HALA, Saudi Arabia’s leading fintech and provider of embedded financial services to micro, small and medium enterprises, has raised $157 million in a Series B investment round led by The Rise Fu...
Sheba Joy secures $293,000 funding from Merak Capital
Sheba Joy, a mobile gaming studio now headquartered in Riyadh, has raised $293,000 in a pre-seed funding round led by Saudi venture capital firm Merak Capital.
Deloitte highlights new digital consumer trends
Deloitte has released its latest Digital Consumer Trends 2025 report, providing key insights into how consumers in the UAE and Saudi Arabia are engaging with digital technology, media, and connectivit...
Vennre appoints Dr. Ibrahim Almojel as its Chairman for Saudi Arabia
Vennre announced today the appointment of Dr. Ibrahim Almojel as Chairman of its Board of Managers in Saudi Arabia. This strategic move reflects the company’s commitment to building a strong presence ...