Saudi Arabia
Riyadh-based C2C marketplace, Soum raises $4 million
Riyadh-based C2C marketplace, Soum has successfully raised $4 million in seed funding led by Outliers Venture Capital and Mazen Aljubeir. The round also included participation from Khwarizmi Ventures,...
KAUST, SABB award $1.1million in funding to 11 startups
King Abdullah University of Science and Technology (KAUST) and partner Saudi British Bank (SABB) previewed 23 startups—eight from Saudi Arabia and 15 international—and 58 founders during its annual TA...
Saudi Arabia to host Global Entrepreneurship Congress
The Small and Medium Enterprises General Authority of Saudi Arabia (Monsha’at) in collaboration with the Global Entrepreneurship Network (GEN) is all set to organise the Global Entrepreneurship ...
Bosta raises new investment to expand into Saudi Arabia
Leading logistics company, Bosta has just announced the opening of its first office in Riyadh, Saudi Arabia as the company plans to expand its operations and offer its services across the Middle East ...
Saudi tech company Master Works raises $40 million
Master Works, a leading data and digital transformation company announced that it has raised an investment of $40 million (150 million SR) in one of Saudi’s biggest technology deals to date. The...
Over $6.4 billion investments announced in Saudi Arabia
Entrepreneurship is also flourishing in Saudi Arabia, with venture capital investment in 2021 exceeded the total for 2019 and 2020 combined. And, at LEAP22, investments of over $6.4 billion are announ...
stc pay addresses Fintech and innovation at LEAP
stc pay, MENA’s largest digital wallet and a leading regional operator in fintech providing innovative and secure digital financial services, will be one of the main participants at this year’s LEAP 2...
Saudi fintech, Urway gets certified by Saudi Payments
Urway, a Saudi Arabia-based fintech, has obtained the Electronic Merchant Service Provider – Payment Technical Service Provider certificate (eMSP – PTSP #PTSP001) granted by Saudi Payments...
Amazon and UAE join forces with MENATech to launch Amazon UNIVERSITY Esports
Amazon in Saudi Arabia and the UAE joins forces with MTE (MENATech), a GGTech Entertainment Group company to launch Amazon UNIVERSITY Esports, the UAE and the Kingdom of Saudi Arabia’s first education...