Saudi Arabia
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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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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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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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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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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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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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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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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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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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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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