Saudi Arabia

Saudi Arabia’s Mozn recognized as Top FinTech Company

Saudi Arabia’s Mozn, a market leader in enterprise artificial-intelligence technologies, has been recognized as one of the Top 200 FinTech Companies globally, and one of the Top 25 in the “Digital Bus...

Saudi startup, YaSchools secures $600,000 in seed round

YaSchools, a Saudi startup specializing in educational management solutions, has successfully closed a $600,000 Seed round of funding from a group of angel investors.

Rainmaking Innovation fuel the growth of startups in Saudi Arabia

Rainmaking Innovation is bringing its expertise and success to the forefront of Saudi Arabia’s burgeoning startup ecosystem, as the company enters the Kingdom. To fuel the growth of crucial sectors in...

Mastercard and Geidea to offer world-class payment solutions in Saudi Arabia

Mastercard has partnered with Geidea to offer consumers and businesses greater access to advanced card and payment solutions. Through Mastercard, Geidea will extend its range of services and products,...

Saudi based VMS acquires stake in Egyptian accelerator Cash Cows

Saudi-based VMS has announced the acquisition of a minority stake in the Egyptian accelerator, Cash Cows, as part of a strategic partnership agreement aimed at bridging the gap between the Saudi and E...

SVC invests $30 million in Bedaya Fund II to back early-stage startups

As reported by SPA, Saudi Venture Capital (SVC) announced its investment of $30 million in Bedaya Fund II, which is managed by Shorooq Partners. The fund will mainly back early-stage startups with a f...

Saudi Arabia and South Korea set up a joint fund worth $160 million

To enhance startup support and investment cooperation, South Korea and Saudi Arabia have announced the creation of a joint fund worth $160 million (approximately 208.4 billion won). The

Clara establishes new office in Saudi Arabia

Clara, the legal technology company that digitizes and automates legal tasks for founders, is expanding its regional presence with the opening of an office in Riyadh, Saudi Arabia.

MCIT partners with PepsiCo and AstroLabs to empower over 100 Saudi entrepreneurs

Saudi Arabia’s Ministry of Communications and Information Technology (MCIT) announced a partnership with PepsiCo and AstroLabs as one of its efforts to enhance the country’s position as a ...

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