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Venture
VentureDuaya acquires EXMGO in six-figure investment deal to advance pharmacy digitization
Duaya, a leading digital transformation company in the healthcare sector, acquired EXMGO, a provider of SaaS solutions for pharmacies and…
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Venture
VentureVMS Invests in the Future of Tech and Mental Health
Ballurh emerges as a key tech partner for the restaurant industry, with transactions surpassing SAR 1 billion. Arab Therapy leads…
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Money2020 Middle East
Money2020 Middle EastWadaie Saudi Arabia Closes Seed Funding Round Led by VentureSouq
to Enhance Tech Infrastructure and Expand Financial Product Offerings
Saudi-based Wadaie has closed its seed funding round, led by VentureSouq with participation from Graphene Ventures, RZM Investments, Arab National…
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Money2020 Middle East
Money2020 Middle EastTamara Secures $2.4 Billion Debt Facility Backed by Goldman Sachs
to Drive Expansion in Credit Products and Payment Solutions
Tamara has secured the region’s largest asset-backed debt facility worth $2.4 billion, backed by Goldman Sachs, Citi, and Apollo funds.…
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FinTech
FinTechMoney2020 Middle EastSaudi Central Bank Launches Google Pay in the Kingdom
as Part of Efforts to Advance Digital Transformation
The Saudi Central Bank (SAMA) announced the launch of Google Pay through the national Mada payment network. The service enables…
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Money2020 Middle East
Money2020 Middle EastFoodics and Lean Technologies Partner to Equip Restaurants With Open Banking and Cashflow Intelligence
Foodics, the leading Restaurant Operations & Financial Management Platform in MENA, has announced a strategic partnership with MENA’s leading financial…
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Venture
VentureADIA Joins $1.6 Billion Funding Round for Vantage Data Centers
to Support Its Rapid Expansion in Asia-Pacific Markets
Vantage Data Centers Raises $1.6 Billion from GIC and Abu Dhabi Investment Authority (ADIA) The funding will support its acquisition…
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Venture
VentureFintologya Closes $1 Million Seed Funding Round
Led by a Gulf Holding Company
Fintologya has closed a $1 million seed funding round led by a Gulf holding company. The company provides cloud-based payment…
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FinTech
FinTechHALA Raises $157 Million to Support Saudi Micro Businesses
HALA raised $157 million in a Series B round to support micro businesses in Saudi Arabia. SMEs contribute around 30%…
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Venture
VentureMoney2020 Middle EastDyna.Ai to Expand in the Kingdom of Saudi Arabia with Launch of Arabic Agentic AI Suite and AI Employees for Economy-wide Application
Dyna.Ai’s Arabic solutions to accelerate transformation of the Kingdom’s financial services sector as AI is set to contribute $135.2 billion…
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