Saudi Arabia

stc Group showcased its inspireU and impactU accelerators at MiSK Global Forum

stc Group has participated in the MiSK Global Forum, where it showcased the inspireU business accelerator, which supports digital startups across the kingdom, and the impactU social accelerator, which...

EdfaPay secures $5 million in Pre-Series A funding round

EdfaPay, Saudi Arabia’s leading fintech platform, has secured a $5 million Pre-Series A funding round led by OmanTel Innovation Labs. Aljabr MENA and Waad Investment also participated. This inve...

Investcorp appoints Mashaal AlJomaih as CEO of KSA

Investcorp, a leading global alternative investment firm, announced Mashaal AlJomaih’s appointment as CEO of Investcorp Saudi Arabia. AlJomaih previously held the role of managing director withi...

Merak Capital launches Exel By Merak to empower gaming startups

Merak Capital, a leading technology-focused investment firm, launched its 306 million Saudi Riyals Exel By Merak gaming fund and gaming accelerator to empower the next generation of gaming startups.

Mastercard and Saudia announce winners of Her Voice

Mastercard partnered with Saudia and  Blossom Accelerator for the third season of Mastercard’s ‘Her Voice’— to empower female entrepreneurs to attain lasting success.

Teradix wins the $140,000 grant from TAQADAM Accelerator program at KAUST

Teradix, a leading provider of innovative eProcurement solutions in MENA, announced that it has been awarded a $140,000 grant from the prestigious TAQADAM Accelerator program at King Abdullah Universi...

Saudi-based Mush Social secures $1.2 million in pre-seed

Saudi-based Mush Social has secured $1.2 million in its pre-seed funding round, led by Nifal Consulting, with participation from Nahr Al-Jazeera Holding and various angel investors. This investment se...

Saudi women entrepreneurs on the rise

As part of the Biban 24 Forum, held under the slogan “A Global Destination for Opportunities,” the Prince Mohammed bin Salman College of Business and Entrepreneurship (MBSC) in partnership...

SVC invests $20M in Booster Fund IV by BECO Capital

Saudi Venture Capital (SVC) announced an investment of $20M in Booster Fund IV, a venture capital fund managed by BECO Capital. BECO Capital is an early-stage venture firm in the Gulf with $495M in AU...

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