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محمد يحي
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LEAP
Classera acquires Expert Solutions for Information Technology to expand e-learning services in emerging markets
15 March، 2024
Startups
SVC announces its investment of $30 million in the Olive Rock Partners fund to finance small and medium enterprises
14 March، 2024
LEAP
ITZAIN and Digital Planets sign a strategic partnership to support technological solutions in Saudi Arabia
13 March، 2024
Startups
Zetta Technologies has successfully closed a pre-seed investment round led by Corevision Investments worth 5.6 million SAR, equivalent to 1.5 million USD. Commenting on the deal’s success, Zettatech’s CEO, Badria Masrihi, stated that the funding marks a new chapter in their journey towards growth and innovation. She noted that this is Corevision’s first step into the hardware-as-a-service (HaaS) sector, with Zettatech taking a unique approach as a DaaS (Device as a Service) provider, focusing on maximizing customer liquidity. Zettatech is committed to providing flexible repayment plans for institutions and companies of all sizes, enabling them to maximize the use of their devices without the need for significant upfront investments in hardware, software, and infrastructure. Monthly or quarterly fees are paid to access the latest devices and technologies without concerns about consumption or the costs associated with device ownership and management, according to Masrihi. She explained that the strategic partnership with Corevision reflects confidence in their company’s vision and capabilities to succeed in the DaaS market. Masrihi also revealed their intention to plan additional agreements to enhance service delivery in the best possible ways. Meanwhile, Faisal Al-Abdulsalam, CEO and founder of Corevision Investments, stated that the agreement with Zetta supports Saudi Arabia’s direction towards activating its 2030 strategic vision in business. Al-Abdulsalam praised Saudi youth innovation and the company’s commitment to supporting entrepreneurial thinking and encouraging innovation in promising market sectors.
13 March، 2024
Startups
Oman’s BidBid Technologies Partners with The Consultation Center for Saudi Market Entry
13 March، 2024
FinTech
First Abu Dhabi Bank Egypt cooperates with Drive Finance to enhance payment solutions
12 March، 2024
FinTech
CDG Invest invests in Paylik to pay salaries on prepaid cards in Morocco
12 March، 2024
Startups
Acquisition of Omani Promize by T2 Saudi Arabia
12 March، 2024
Startups
UAE launches a global strategy to invest in artificial intelligence through MGX
12 March، 2024
FinTech
Numa, a fintech startup dedicated to empowering freelancers and microbusinesses in (MENA)
12 March، 2024
Startups
Jada Fund of Funds Unveilsits First Investment inVenture Debt with over SAR 1Billion Fund
12 March، 2024
Startups
Rakeez closes a $2 million Seed Round led by CoreVision to support financial technology services in Saudi Arabia
11 March، 2024
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