Saudi Arabia
Yalla Plus raises $2.7 million in seed funding
Yalla Plus, a Riyadh-based startup, announced the successful closure of its seed investment round. The round raised $2.7 million, led by Merak Capital, with participation from Khwarizmi Ventures, Isom...
TWLM secures $270,000 in funding to accelerate growth
TWLM, a pioneering Saudi Arabia-based food pick-up application, has successfully raised $270,000 in its latest funding round, led by B Group and with additional contributions from a cohort of angel in...
Huawei Cloud unveils Pioneer program to empower Saudi Arabia’s fintech
Huawei Cloud, in collaboration with Fintech Saudi, successfully hosted the Huawei Cloud Fintech Day Saudi Arabia 2024, showcasing innovative cloud solutions for the rapidly evolving fintech industry i...
24 Fintech to host senior government officials and global finance leaders
The24 Fintech, the Saudi Arabia’s new financial services focused summit and exhibition will offer a stage to senior government officials and global leaders in the finance sector to address criti...
Intelmatix secures $20 million largest AI Series A round in the region
Intelmatix, a leading deep-tech AI company, announced today the successful closure of a $20 million Series A funding round. This round, led by Shorooq Partners, attracted investments from public and p...
5dVR expands to Saudi Arabia with AstroLabs
5dVR, a virtual reality content and production studio, has expanded to Saudi Arabia with AstroLabs, the Gulf’s leading business expansion platform. The move aligns with 5dVR’s mission to enable a wide...
Arthur D. Little inaugurates new regional hub in Riyadh
Arthur D. Little (ADL) announced the inauguration of its new regional headquarters office at the prestigious King Abdullah Financial District (KAFD) at a ceremony that was attended by His Excellency E...
Abdulla Alhammadi appointed as the new MD for Snap in Saudi Arabia
In a strategic move to continue its success in Saudi Arabia, Snap Inc. has announced today the appointment of Abdulla Alhammadi as Managing Director in KSA. Previously the Regional Business Lead at Sn...
CyberME Studio promotes Chinese cybersecurity technology in Saudi Arabia
CyberME Studio, a leading Saudi venture studio, has signed a strategic memorandum of understanding (MoU) with Nova Cyber Ventures (NCV) and Z-ONE Global to bring advanced Chinese cybersecurity technol...