Careem Launches its Food Delivery Service in Makkah (Mecca)
Dubai-based ride-hailing unicorn Careem launches its food delivery app Careem Now in Makkah (Mecca).
Saudi Arabia
Dublin-based Kerten debuts its Co-working concept Ouspace in the Middle East
Dublin-based Kerten Hospitality debuts its coworking spaces in the Middle East with Ouspace -manifesting private and shared office spaces.
India’s Hospitality Unicorn OYO to Create 5,000 Jobs for Saudis by Q2-2020
OYO CEO, Ritesh Agarwal says, OYO and PIF will be able to meet the target of creating 5,000 jobs for Saudis earlier than expected.
Foodics Raises $4M Funding to Launch a POS System
The Saudi-based Foodics has recently raised $4 million to develop an all-in-one POS system and to launch the platform on Android and desktop...
Averos Raises Pre-series A Round from Aramco’s Wa’ed Ventures
Averos, a Saudi Arabian tracking startup based out of Makkah, raised an undisclosed Pre-Series A funding round from Saudi Aramco’s Wa’ed Ventures...
Softbank teams up with Goldman Sachs for the second $100 Billion Raise
SoftBank Group Corp. is working with Goldman Sachs Group Inc. to raise money for its second $100 billion technology investment fund...
Jeff Bezos Reportedly Spends $1.6 Mn on Security
The Securities & Exchange Commission (SEC) says Amazon spends $1.6 million to keep CEO Jeff Bezos safe. But is there any specific reason?