Startups
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StartupsKitchenara Wins Saudi Food FNB Startup of the Year Award: Revolutionizing Food Delivery with Review-Based Videos
In a groundbreaking achievement, Kitchenara has been honored with the Saudi Food FNB Startup of the Year award, marking a…
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StartupsEstablishment of a $100 Million Investment Fund through Saudi-Japanese Partnership
BIM Ventures has signed a Memorandum of Understanding (MoU) with Japan’s SBI Holdings, in collaboration with the Saudi Ministry of…
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StartupsSTC Group Announces Launch of General Program – intake 11 to Support Digital Innovation through inspireU Accelerator
STC Group, the Kingdom’s leading digital enabler, has announced the launch of the 11th batch of its “inspireU General Program,”…
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FinTechStartupsJordan’s Liwwa Plans to Launch Its First Branch in Egypt: Expansion and SME Financing Details
Jordanian company Liwwa, specializing in lending to small and medium-sized enterprises (SMEs), has signed a $5 million loan agreement with…
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StartupsBeltone Holding Announces Strategic Partnership Between Cash Microfinance and Microfinanza to Support Egyptian Entrepreneurs
Beltone Holding, one of the fastest-growing financial institutions, announced that its subsidiary, Cash Microfinance, has signed a cooperation protocol with…
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StartupsEFG Hermes Acquires Minority Stake in Danish Fintech Kenzi Wealth
EFG Hermes, the investment bank affiliated with EFG Holding and operating in the Middle East and North Africa markets, announced…
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StartupsNext-Gen Global Engagement Tech Leader, Merit, Secures $12M, Surpassing $5M Goal in Oversubscribed Pre-Series B Financing
Riyadh, Saudi Arabia, May 20, 2024, Massive Media: In a noteworthy development, Merit, which focuses on customer and engagement technology,…
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StartupsPrime Minister Mustafa Madbouly Inaugurates 11th RiseUp Summit in Egypt
Prime Minister Mustafa Madbouly participated in the grand opening of the 11th RiseUp Summit, a prominent event for entrepreneurs hosted…
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StartupsPIF abandons its stakes in Amazon and Microsoft
According to a report by the U.S Securities and Exchange Commission, the Public Investment Fund (PIF) no longer holds stakes…
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StartupsMDD Closes Investment Round with a Valuation Exceeding SAR 100 Million
MDD Saudi Arabia, a company specializing in supply chain and procurement management, announced the closure of a Series A investment…
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