Saudi Arabia

Saudi Venture Capital invests $30 million in Olive Rock Partners Fund I

Saudi Venture Capital (SVC) announced its investment of $30 million in Olive Rock Partners Fund I, a regional private equity fund that focuses on actively investing in macro-supported mid-market buyou...

Gulf Capital, RDIA to invest $100 million into technology and innovation

Gulf Capital has signed an agreement with the Saudi Research Development and Innovation Authority (RDIA) to deploy over US$100 million into the Saudi technology and innovation sector over the next fiv...

Saudi sportstech Grintafy announces strategic investment from Chiliz

Chiliz and Grintafy announced that the leading SportFi company, known for its pioneering Chiliz Chain and Socios.com platform, has become a strategic investor and partner in the premier career develop...

Mojo’s seven-figure seed round oversubscribed

Mojo, the region’s leading social commerce company dedicated to beauty, skincare, and wellness, is thrilled to announce the successful closure of its oversubscribed seven-figure Seed Round. The round,...

Gulf Islamic Investments acquires investment firm in Saudi Arabia

Gulf Islamic Investments (GII) today announced that it has acquired a Saudi Capital Market Authority (CMA) licensed investment and asset management firm in Saudi Arabia that will help the company gain...

Investcorp leads $130 million pre-IPO investment round in Salla

Investcorp, a leading global alternative investment firm, announced today that it has led a $130 million pre-IPO investment round in Salla, a leading SaaS E-Commerce enablement platform in Saudi Arabi...

Mastercard and Loop to launch innovative payment solutions in Saudi Arabia

Mastercard has partnered with Loop, a leading digital payments technology company licensed by SAMA, to empower businesses and consumers across the Kingdom with greater access to advanced credit card o...

TikTok awards women entrepreneurs in Riyadh

TikTok MENA celebrated the conclusion of the second edition of The TikTok MENA Creator Hub, #HerAmbitions, with a grand awards ceremony at Lakum Art Space in Riyadh, on 28 February 2024. The event mar...

HKSTP to feature startups from Hong Kong at LEAP 2024

The Hong Kong Science and Technology Parks Corporation (HKSTP) and the Hong Kong Cyberport, are collaborating to co-host the first-ever Hong Kong Pavilion at Saudi Arabia’s largest tech event, &...

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