Saudi Arabia
MSA Novo, KAUST to foster innovation and entrepreneurship in Saudi Arabia.
MSA Novo has signed a MoU with King Abdullah University of Science and Technology (KAUST) to foster innovation and entrepreneurship in Saudi Arabia.
SiFi secures $10 million funding led by Sanabil and RAED Ventures
Saudi Arabia-based fintech Simplified Financial Solutions Company (SiFi) has successfully closed a $10 million seed funding round spearheaded by Sanabil Investments and RAED Ventures. The round also a...
PIF launches Neo Space Group to boost satellite and space industry in KSA
PIF announced the establishment of the Neo Space Group (NSG), a wholly owned PIF company that will become a national champion in the satellite and space sector. NSG will enhance the space and satellit...
Saudi Arabia invests Elon Musk’s new AI startup, xAI
Saudi Arabian royalty and investment giant Kingdom Holding Company (KHC) have teamed up with Elon Musk again, this time investing in his new AI startup, xAI. KHC, led by Prince Alwaleed bin Talal, is ...
GII and Logipoint to create $300 million logistics platform in Saudi Arabia
Gulf Islamic Investments (GII) and Logipoint, a subsidiary of SISCO, have signed an agreement in Jeddah to create a joint venture for a logistics platform providing Grade A warehousing solutions acros...
Saudi Arabia poised to become global business capital
Alex Nicholls, Director of Expansion at AstroLabs, discussed the key insights of their latest Saudi Market Entry Report in an interview with My Startup World.
Riyad Capital launches 1957 Ventures fund
Riyad Capital has announced the launch of the 1957 Ventures fund, a closed-end investment fund backed by Riyad Bank to drive transformative growth in Saudi Arabia’s fintech sector, in line with ...
PwC Academy, Women Choice launch accelerator program for Saudi women
Women Choice and PwC Academy Middle East proudly launched an innovative accelerator program specifically designed for mid-career Saudi women. The program kicked off with a successful pilot event last ...
Merit secures $12 million in pre-series B funding round
Merit has reported oversubscription in its latest funding round, drawing $12 million against a goal of $5 million in its pre-Series B effort led by Alistithmar Capital i-Cap and followed by existing S...