Saudi Arabia
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News
Saudi Fintech ‘Lendo’ Raises $28M in Series B Funding
Lendo, a Saudi Arabia-based shariah-compliant debt crowdfunding marketplace, has raised SAR 105 million ($28 million) in Series B funding led…
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News
Lendo Surpasses SAR 1 Billion Milestone, Revolutionizing Saudi SME Financing
Saudi Arabia fintech startup Lendo has crossed a significant milestone, facilitating more than 1 billion SAR in financing through over…
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Startups
$150M Debt Facility Renewal Empowers Tribal’s Expansion into Saudi Arabia
Tribal Credit, a financial platform empowering SMEs in emerging markets has secured a renewed $150 million USD debt facility from…
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Startups
Top 7 Fintech Startups Revolutionizing Saudi Arabia’s Financial Landscape
The Kingdom of Saudi Arabia has rapidly emerged as a hub for fintech innovation in recent years, fueled by the…
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News
Tribal Credit expands to Saudi Arabia, prepares for IPO
In a recent announcement, Tribal Credit, a prominent Silicon Valley fintech firm specializing in empowering SMEs in emerging markets, revealed…
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News
9 most funded ride-sharing startups in MENA 2022
The shared mobility market in the MENA region is set to expand with a compound annual growth rate of 18.4%…
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News
IMF plans to open a regional office in Saudi Arabia
The International Monetary Fund, IMF plans to open a regional office in Saudi Arabia as it prepares to sign a…
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News
Egypt’s Convertedin raises $3M to expand in MENA, LATAM
Convertedin, a marketing operating system for e-commerce brands, has raised a $3 million seed round from global and regional investors.…
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News
Saudi approves new companies law to boost entrepreneurship
The Saudi Cabinet approved a new companies law and real estate brokerage law to promote the commercial system in the…
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News
Saudi’s PIF buys $1bn stake in Sweden’s Embracer gaming group
Saudi Arabia’s Public Investment Fund (PIF) is taking a stake in Swedish video game maker Embracer one month after investing…
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News
Disney+ reveals available content lineup in MENA
Disney+ unveiled a sneak peek at the new content available in the long-awaited streaming service that will launch very soon…
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News
Saudi Public Investment Fund buys 23.97% stake in Jordan’s Capital Bank Group
Saudi Public Investment Fund acquired a 23.97 percent stake in Capital Bank Group, one of the largest banking groups in…
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News
Saudi eCommerce platform Haseel raises $6.6M in series A
Saudi-based fresh produce eCommerce startup Haseel has raised $6.6M in a Series A funding round. Vision Ventures led the round.…
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News
DailyMealz Raises US$5 Million in a Pre-Series A Round
Saudi Arabia-based healthy food delivery app DailyMealz has raised SAR 20 million ($5 million) in a pre-Series A round. Saudi…
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News
Dubai-based BNPL platform tabby raises $104M in series B
Dubai-based FinTech and buy-now-pay-later (BNPL) platform tabby has raised $54M in an extension round to the $50M series B round,…
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News
Saudi Taker Acquires Brisk Delivery
Taker, the Saudi-based Tech startup and fleet management solutions provider, has acquired its local counterpart, Brisk Delivery, to enhance its…
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News
Saudi Sary Acquires Egyptian B2B Marketplace ‘Mowarrid’
Saudi Arabia-based B2B e-commerce platform Sary has acquired Mowarrid, an Egypt-based B2B marketplace, for an undisclosed amount. Mowarrid (founded in…
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News
Funding Souq raises $2.5m in a seed round
Saudi Arabia-based crowdfunding platform Funding Souq has closed a $2.5m seed round with contributions from various angel investors. Investors include…
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Apps
Saudi’s B2B Fintech EdfaPay Raises $1.6M Pre-seed
KSA-based B2B Fintech EdfaPay has raised $1.6M in a pre-seed round to overcome the physical payment process moving away from…
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News
Hello World Kids, ed-tech startup raises pre-series A
Hello World Kids, a Jordanian Ed-Tech company, has raised an undisclosed pre-Series A funding round. Vision Ventures participated in the…
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News
White Friday Deals: Shahid Offers 50% Lifetime
This White Friday (The Middle East edition of Black Friday), Shahid VIP is offering 50% off on monthly plans for…
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News
Saudi FinTech, InsurTech Rasan Secures $24M
Saudi FinTech and InsurTech startup Rasan has secured $24M in its latest funding round led by Impact 46, a Saudi…
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Apps
CoinMENA Raises $9.5M Seed Fund
Bahrain-based CoinMENA has raised $9.5M in its first seed funding round led by BECO Capital, Kenetic, Arab Bank Switzerland, Bunat…
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News
Snap to launch Creator Studio in Riyadh
Snap Inc. has announced that it will launch a Creator Studio in Riyadh, Saudi Arabia in 2022 to support its highly…
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Advertising
71% of parents in Saudi Arabia are on Snapchat
Snapchat is not only the platform of choice of Millennial and Gen Z audiences in Saudi Arabia but also incredibly…
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Campaigns
Snap launches ‘Open Your Snapchat’ in UAE, Saudi Arabia
Snap Inc. recently kicked off its new B2B global marketing campaign, ‘Open Your Snapchat’, in Saudi Arabia and the UAE, showcasing…
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Startups
Access Bridge Ventures: Exclusive Interview
Access Bridge Ventures is a leading early stage venture capital fund supporting budding entrepreneurs across MENA region & Pakistan. With…
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News
Saudi Startup Lendo Secures $7.2 Million in Series A
Riyadh-based fintech firm Lendo has successfully secured $7.2 million in a Series A funding round, as announced today. The round,…
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How To
Ureed: How to Incorporate Freelancers in Hiring Strategy
Ureed.com offers an unprecedented view on how to incorporate freelancers in your hiring strategy. As a business owner, taking on…
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Advertising
SellAnyCar.com Expands into Saudi Arabia
SellAnyCar.com, the UAE pioneer and leader in online auto marketplaces for used car sales, announced today it is expanding into…
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Apps
Eventtus, Event-Tech, to Open Office in Saudi Arabia
Today, Eventtus, the leading event-tech company, announces that it will open its third office in Riyadh, Saudi Arabia, alongside the…
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Marketing
Report: How Arabs react to videos on Facebook
It’s without the shadow of a doubt that video content is here to stay across digital. Here at Digital Boom…
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Campaigns
STC Shuts Down All Branches In Saudi Arabia For ‘Digital Day’
The Saudi Telecom Company (STC) closed all of its branches across the Kingdom for one day (Wednesday, December 19th), activating…
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Advertising
Spotify is now available in the Middle East and North Africa
The music-streaming service Spotify went live in 13 countries across the Middle East and North Africa today, including Egypt, Saudi…
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Apps
Spotify Premium Will Only Cost EGP49.99 Per Month in Egypt
Spotify is reportedly launching in Egypt and the MENA region this November. Spotify premium access will cost EGP49.99 per month,…
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News
EY: Four MENA IPOs raise US $349.9m in Q3 2018
Saudi Arabia led the MENA IPO activity raising US$220.6m Muscat, Egypt, and Tunis recorded one IPO each raising US $129.3m…
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Campaigns
Young Saudi woman Rawan Hamza drives all the way from the UAE to Saudi Arabia to surprise her mom back home! In Infiniti’s Drive Back campaign
last 24th of June 2018, women in Saudi Arabia started driving for the very first time in the Kingdom. It…
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News
Egyptian social media monitoring tool ‘Crowd Analyzer’ raises $1.1 million
Crowd Analyzer, the Arabic-focused social media monitoring tool, has received pre-Series A funding of $1.1 million from a group of…
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Startups
Namshi Unveils Key Trends For The Season
It’s time to revamp your wardrobe, alright! Specially curated by the fabulous fashion team at Namshi, this season’s trend edit…
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Apps
Women in Saudi Arabia begin driving for Careem
On the historic day that women begin driving in Saudi Arabia, Careem reveal their new fleet of female drivers. …
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Creative Work
Facebook Activates Text Delight Animations For World Cup 2018, Full List
Many of us noticed that Facebook has launched a new feature in celebration of Russia World Cup 2018 – When…
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News
Amazon Web Services To Open Its Data Centers in the Middle East By Early 2019
Amazon Web Services (AWS) announced that it plans to open an infrastructure region in the Middle East by early 2019.…
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News
Egypt Dominates Facebook Bots for Messenger Challenge Finalists
With 15 bots, Egyptian developers have dominated the Facebook Messenger Bots Challenge top 60 finalists list for the Middle East and Africa, in Games & Entertainment,…
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News
Instagram Rolls Out Live Stories Globally
The photo-sharing platform Instagram has make its live stories feature available to its community globally — a new way to connect with friends and…
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News
Egypt court rejects transfer of Red Sea islands to Saudi Arabia
Administrative court rejected on Monday a government plan to transfer two uninhabited Red Sea islands to Saudi Arabia, in a…
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Campaigns
Snickers latest in-store campaign pulled off the shelves in Saudi
In Saudi? Feeling hungry? You may have to wait a little longer to grab a bite of your favorite Snickers.…
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News
Instagram Reveals 2016’s Top Data [Infographics]
Instagram released its 2016 global data report revealing top moments, most followed celebrities, most liked photos, and more. Most-followed Celebrities Women…
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News
30K retweets give 17 employees a trip to Dubai
A trip to Dubai with just a tweet! While we were exploring our Twitter timeline, we found an RT by…
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News
Korabia becomes #1 football news source in Egypt
Today, Korabia.com has become one of Egypt’s top-ranked football news sources; it receives more than 6 million visits per month…
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