Wamda

Saudi Arabia

Tawaref series: Exploring Saudi premium residency system

What is Premium Residency in Saudi Arabia? The Saudi Premium Residency is a residential permit granted to any non-GCC citizen allowing...

Tawaref

Saudi Arabia

Aanaab secures $7 million Series A from Dallah Investment Holding

Saudi Arabia-based edtech Aanaab has completed its Series A funding round, securing $7 million from Dallah Investment...

Aanaab Dallah Investment Holding

Saudi Arabia

Impact46 invests $13.3 million in Cipher prior to its IPO

Saudi Arabia-based cybersecurity startup Cipher has raised $13.3 million in a pre-IPO investment round from Impact46. Founded in 2018...

Cipher cybersecurity Impact46

Saudi Arabia

Flat6Labs invests in 10 Saudi startups, includes them in Riyadh Seed Programme

MENA’s seed and early-stage VC Flat6Labs has invested in 10 Saudi-based startups for the fourth cycle of the Riyadh Seed...

Flat6Labs Riyadh Seed Program

Saudi Arabia

Geidea extends SoftPos services to Egypt

Press release: Geidea, a leading provider of digital payment solutions in the Middle East, is set to launch its innovative SoftPos...

Geidea Fintech Softpos

Jordan

Naif Al Rajhi Investment buys strategic stake in Jordan’s Mawdoo3

Saudi Arabia-based investment company Naif Al Rajhi Investment has invested in Jordan’s AI Arabic content platform Mawdoo3 for a...

Mawdoo3 Naif Al Rajhi Investment

Saudi Arabia

Jada Fund of Funds invests in SEEDRA Ventures' second fund

Press release: Jada Fund of Funds is pleased to announce its commitment to SEEDRA Ventures Fund II, a newly launched venture capital...

Seedra Ventures Jada Fund of Funds SEEDRA Ventures Fund II

Saudi Arabia

EdfaPay closes $5 million pre-Series A to fuel MENAP expansion

Saudi Arabia-based fintech EdfaPay has secured a $5 million pre-Series A funding round led by OmanTel Innovation Labs, with...

EdfaPay Omantel Innovation Labs Fintech

Saudi Arabia

Saudi social network platform Bubbl raises $350,000 pre-Seed

Saudi Arabia-based social networking platform Bubbl has raised a $350,000 pre-Seed funding round led by angel investor Abdullah...

Bubbl social network

Saudi Arabia

EFG Hermes launches $300 million Saudi Education Fund, acquires Britus Education

Egypt’s EFG Hermes’s private equity arm has launched a $ 300 million Saudi Education Fund (SEF). The fund aims to build an...

EFG Hermes Saudi Education Fund SEF

Saudi Arabia

Tawaref series: Saudization, labour compliance simplified

In Saudi Arabia, businesses are required to comply with specific government regulations. A thorough understanding of these regulations is...

Saudi Arabia

Lean closes Series B at $67.5 million, bringing total funding to $100 million

Saudi Arabia-based fintech Lean Technologies has secured $67.5 million in Series B funding round, led by General Catalyst, with...

Lean Technologies General Catalyst Fintech

Saudi Arabia

Mush Social secures $1.2 million pre-Seed

Saudi Arabia-based Mush Social has secured $1.2 million in a pre-Seed round led by Nifal Consulting, with support from Nahr Al-Jazeera...

Mush Social Social App

Saudi Arabia

Tawaref series: Saudi tax system explained

A deep understanding of the tax system is one of the most critical factors for business success in any country, and Saudi Arabia is no...

Tawaref

Saudi Arabia

Ayen acquires Elmawkaa in a seven-figure deal

Saudi Arabia-based proptech Ayen has acquired the Egyptian contech Elmawkaa in a SAR seven-figure transaction that will see Ayen...

Ayen Elmawkaa Proptech

Saudi Arabia

BIM Ventures unite with SBI Holding to launch $200 million fund “BIM Capital”

Saudi Arabia-based venture studio firm BIM Ventures and Japan’s SBI Holding have launched BIM Capital, a joint venture designed to...

BIM Ventures SBI Holding BIM Capital

Saudi Arabia

$300 million Beta Lab Fund launches to back Saudi, Asian deeptech startups

Saudi fund and studio specialising in deeptech Beta Lab has kicked off with a capital of $300 million on the first day of the Future...

Beta Lab

Saudi Arabia

Saudi proptech ARK closes $1 million pre-Seed round

Saudi Arabia-based proptech ARKTECH has closed a $1 million pre-Seed investment round, led by Core Vision Investment. founded in 2023...

ARK Core Vision Proptech

Saudi Arabia

Saudi Arabia’s Nabt raises $1.5 million Seed led by Merak Capital

Saudi Arabia-based foodtech Nabt has closed a $1.5 million Seed investment round, led by Merak Capital with the participation of other...

Nabt agritech foodtech

Saudi Arabia

Wa’ed Ventures earmarks $100 million to invest in Saudi AI sector

Aramco’s $500 million VC fund, Wa’ed Ventures, has allocated $100 million for early-stage AI investments to support...

Wa'ed Ventures Aramco AI

Saudi Arabia

TGE raises $450,000 investment from Adaverse

Saudi Arabia-based Web3 provider Tharawat Green Exchange (TGR) has raised $450,000 in investment from Adaverse, a Saudi Web3 and...

TGE Tharawat Green Exchange Adaverse

U.A.E

invygo pursues profitability after raising $8 million Series A extension

Saudi Arabia-headquartered mobility startup invygo has raised an $8 million Series A extension provided by STV’s newly launched...

Invygo STV mobility

Saudi Arabia

HALA Payments joins Saudi Unicorns Programme

Saudi Arabia-based fintech HALA Payments has been selected to join the Saudi Unicorns Programme. Through the Saudi Unicorns...

HALA Payments Fintech Saudi Unicorns Programme

Saudi Arabia

Saudi B2B fintech Mala secures $7 million pre-Seed

Saudi Arabia-based fintech Mala has closed a $7 million pre-Seed funding round, led by VentureSouq and Shorooq Partners, as well as M...

Mala Fintech Venture Souq

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