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AI
AIVentureNewera.ai Raises $2.133 Million in Pre-Seed Funding to Advance AI Technologies in Saudi Arabia
Saudi-based Newera.ai has announced the closure of a Pre-Seed funding round worth SAR 8 million (equivalent to $2.133 million), led…
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StartupsStartups
SRMG and Snapchat Sign Strategic Partnership to Shape the Future of Media and Content in MENA
The Saudi Research and Media Group (SRMG) and Snapchat have announced the signing of a strategic partnership aimed at supporting…
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Lucid Capital Closes $2.5M Seed Funding Round
US-based Lucid Capital, a company specializing in AI-driven algorithmic trading, has closed a $2.5 million Seed funding round, led by…
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VentureVenture
Venture X Invests in Croptimus to Support Sustainable Agriculture in MENA
Venture X has announced an investment in Egyptian agri-tech startup Croptimus, which specializes in regenerative agriculture solutions and biochar production,…
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VentureVenture
Startup Investments and Acquisitions Reach $771 Million, E-commerce Leads the Way
During the third week of December 2025
The third week of December 2025 saw significant activity in the venture capital and startup ecosystem across the Middle East,…
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StartupsStartupsBusiness accelerators
ITHCA Group Launches a New Package of Updates for the Idea Stage Fund
ITHCA Group has announced a new package of developments related to the Idea Stage Fund, which it manages in partnership…
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VentureVenture
Premialab raises $220 million in an investment round led by KKR
Premialab has announced the completion of a $220 million investment round, led by global investment firm KKR, with participation from…
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VentureVenture
Nawah Scientific Closes $23 Million Funding Round Led by Life Ventures Capital
Nawah Scientific has announced the closing of a $23 million funding round led by Life Ventures Capital, aimed at supporting…
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World NewsWorld News
Saudi Cabinet Approves the Abolition of Fees on Expatriate Labor in Licensed Industrial Facilities
Under the Chairmanship of Crown Prince Mohammed bin Salman
The Saudi Cabinet, chaired by His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime…
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TransportationTransportationVenture
GLO Ventures and Riyadah Solutions Close Strategic Investment Round to Boost Smart Mobility in Saudi Arabia
GLO Ventures and Riyadah Solutions have completed a strategic investment round to support the smart mobility sector in Saudi Arabia,…
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