Riyadh’s Jahez Lands $40 Mn Shariah-Compliant Credit Facility from NBB
Riyadh-based Jahez secures $40M Shariah-compliant credit facility from NBB, posts Q2 profit dip, and expands GCC with Snoonu acquisition.
Saudi Arabia
London-based NayaOne Enters Saudi Market with AstroLabs, Launching a Fully Saudi-Hosted Fintech Platform
London, United Kingdom-based NayaOne, a Vendor Delivery Infrastructure (VDI) platform is entering Saudi Arabia with support from AstroLabs.
Saudi Arabia Launches Humain to Drive AI Development and Economic Diversification
Saudi Arabia's Crown Prince Mohammed bin Salman has launched a new company focused on developing and managing artificial intelligence technologies
PayTabs Group and Concept Combined Group Partner to launch PayTabs Kuwait
PayTabs Kuwait aims to transform Kuwait’s digital payment landscape with state-of-the-art payment orchestration solutions.
Saudi Arabia Unveils SARA, the World’s First AI-Powered Digital Human Travel Companion
Saudi Arabia Tourism Authority unveils SARA, an AI-powered digital human, to revolutionize tourism with personalized travel guidance, cultural insights, and immersive experiences.
Dubai’s Epik Foods Secures $15.5 Mn Investment from Ruya Fund to Accelerate Regional Expansion
Epik Foods secures $15.5M investment from Ruya Partners to expand in Saudi Arabia and UAE, supporting acquisitions and growth in the F&B sector.
Dubai’s BECO Capital Raises $20 Mn from Riyadh’s SVC
Dubai-based venture capital firm BECO Capital has today raised $20 million from Riyadh, Saudi Venture Capital (SVC).
Silicon Valley’s General Catalyst Leads $67.5 Mn Series-B Round for Saudi’s Fintech Lean Technologies
Silicon Valley-based General Catalyst, on Monday led a whopping $67.5 million Series-B round for the Riyadh-based fintech startup Lean Technologies.
PayTabs Appoints Mohamad Abbas as Chief Sales & Operations Officer
PayTabs, MENA region's award-winning payment orchestration powerhouse has recently appointed Mohamad Abbas as the Chief Sales & Operations Officer.
Prince Khaled’s KBW Ventures Invests in Egypt’s NoorNation and Saudi-based KASO
Prince Khaled bin Alwaleed of Saudi Arabia, through his KBW Ventures, has invested in Egypt-based NoorNation, and Saudi-based KASO.
Convergint, a US-based leader in systems integration expands into Saudi Arabia
Illinois, US-based Convergint, a global leader in systems integration, on Wednesday announced the expansion of its Middle East & Africa (MEA) operations into Saudi Arabia.
Russian Neosun Energy opens a regional office in Dubai to enter MENA market with Solar Solutions
Moscow, Russia-based Neosun Energy, a global developer of solar energy solutions announces the opening of a regional office in Dubai to expand across MENA.