Saudi Arabia

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...

Saudi Arabia’s online food delivery platform, Jahez successful IPO takes its market cap to $2.4 billion

Saudi Arabia’s leading online food delivery platform, Jahez today announced the successful completion of its IPO and listing of its shares at the Saudi Exchange’s Parallel Market (Nomu), taking the ma...

Saudi Central Bank extends deferred payment program for additional 3 months

The Saudi Central Bank announces the extension of the Deferred Payment Program – one of SAMA’s Private Sector Financing Support Programs – for three additional months from October 1,...

MITEF Startup Competition announce the semi-finalists

Semi-finalists of the MITEF Startup competition in Saudi and the Arab world have been announced by the MIT Enterprise Forum Pan Arab Region and the MIT Enterprise Forum Saudi Arabia. The competition, ...

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