Saudi Arabia
Plus VC and Tawaref to facilitate seamless setup of companies in Saudi Arabia
Plus VC (+VC), a leading venture capital firm that invests in early-stage tech and tech-enabled startups in the MENA region, has signed an MoU with Tawaref, a tech investment community, to accelerate...
Tumodo raises $35M in a pre-seed funding and expands into Saudi Arabia
Tumodo, an innovative business travel platform founded in 2023, announced its expansion to Saudi Arabia today after successfully raising $35M in a pre-seed round co-led by MENA-focused angel investors...
Saudi Arabia’s SNB Capital partners with Malaa Technologies
Saudi Arabia’s largest asset manager, SNB Capital partnered with fintech provider Malaa Technologies to provide easy, secure access to financial services and increase the flexibility of financia...
Aseer Investment Company launches its operations in Saudi Arabia
Aseer Investment Company (AIC) has launched operations to support the transformation of the Aseer region into a year-round destination with a focus on tourism, sports and wellness. The company is full...
Monsha’at and GoDaddy launches courses to empower Saudi entrepreneurs
In a move to empower the entrepreneurial spirit in Saudi Arabia, GoDaddy has launched two educational courses in partnership with Monsha’at Academy, strategically designed to empower emerging entrepre...
Saudi Arabia all set to allow alcohol in the Kingdom
As reported by Reuters, Saudi Arabia is all set to open the doors of the Kingdom’s first alcohol store in Riyadh anytime soon. The liquor will be sold exclusively to non-Muslim diplomats after s...
Gulf Islamic Investments acquires stake in Saudi healthcare firm for $160 million
Gulf Islamic Investments (GII) has signed agreements to acquire a significant equity stake in Abeer Medical Company (Abeer), the largest affordable healthcare services provider in the Kingdom of Saudi...
Adaverse invests in Saudi Arabia’s Takadao
Adaverse, a Cardano ecosystem accelerator and seed fund focusing on scaling Web3 solutions, announces its first strategic investment in Saudi Arabia’s Takadao. Takadao is a revolutionary force in the ...
Saudi-based LAHINT raises 1 million riyal in pre-seed round
Saudi-based LAHINT, specializing in streamlining government procedures, has successfully closed a one-million Saudi Riyal investment round backed by angel investors in an innovative shift set to radic...