Saudi Arabia

Saudi fintech company Manafa secures SAR 106 million in Series A round

Leading Saudi fintech company Manafa has announced the closing of its Series A round of SAR 106 million (US$28 million) led by STV and Wa’ed Ventures, the venture capital arm of Saudi Aramco.

Geidea partners with Magnati to provide customer experiences in the metaverse

Saudi Arabia-based fintech firm Geidea has partnered with Magnati, a payment solutions industry leader, to enable merchants to provide seamless customer experiences in Magnati MetaV – the first metave...

Step kicks off Step Saudi in Riyadh

In the first half of 2022 alone, VC funding in Saudi Arabia grew more than threefold, outshining the whole of 2021, according to a report released by startup data platform Magnitt.

Saudi Arabia introduces metaverse to accelerate digital tourism

The 22nd edition of the World Travel & Tourism Council (WTTC) Global Summit in Saudi Arabia will be attended by a prestigious gathering of tourism leaders in Riyadh. It is also supported by a meta...

Google Cloud establishes Centre of Excellence and Startups Cloud Academy in Saudi Arabia

Google Cloud has announced the launch of the Centre of Excellence (CoE) that is set up to provide learners in Saudi Arabia with access to develop in-demand skills in emerging cloud technologies with G...

Saudi Arabia based, CyberME Studio presents homegrown cybersecurity startups at Black Hat MEA

Saudi Arabia-based CyberME Studio, announced today that it has entered into a strategic alliance with the first Middle East region’s enterprise B2B marketplace, AmiViz to present its 3 startup compani...

Aramco launches Taleed program to accelerate SME growth in KSA

Aramco announced the launch of a new program, “Taleed”, which aims to accelerate the growth of Small and Medium Enterprises (SMEs) in Saudi Arabia — helping boost their contribution to economic develo...

Female networking platform WILD to organise seminar in Saudi Arabia on November 1st

Female networking platform WILD, launches in Saudi Arabia with WILD Riyadh, set to kick-off on November 1st  at Hyatt Regency, Riyadh Olaya. Trailblazing gender equality in the region, the event is op...

Saudi-based Zid successfully raises $50 million in a Series B funding

Saudi-based Retail enablement company, Zid, has successfully raised $50 million in a Series B funding led by IMPACT46 with participation from Waed Ventures and Endeavour Catalyst, Global Ventures, Elm...

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