Wamda

Saudi Arabia

Rethink Education invests in Saudi edtech Aanaab

Saudi Arabia-based edtech Aanaab has raised an investment from US-based edtech VC Rethink Education. The value remains...

Rethink Education Aanaab

Saudi Arabia

Saudi agritech iyris secures $16 million Series A round

Saudi Arabia-based agritech iyris has closed a $16 million Series A funding round, led by Ecosystem Integrity Fund (EIF) and supported...

iyris agritech EIF

Saudi Arabia

Kingdom Holding participates in Musk’s xAI $6 billion Series B round

Saudi Arabia’s Kingdom Holding, owned by Saudi billionaire Prince Alwaleed bin Talal, has taken part in the $6 billion Series B...

Kingdom Holding xAI Elon Musk

Saudi Arabia

TVM Capital Healthcare launches $250 million Saudi-focused Afiyah Fund

UAE-based healthcare private equity firm “TVM Capital Healthcare” has closed a $250 million Afiyah Fund LP, led by JADA,...

TVM Capital Healthcare Afiyah Fund Healthcare

Saudi Arabia

Tawaref series: Types of foreign investment licences in Saudi Arabia

Once entrepreneurs have grasped the Saudi business scene, setup costs, and day-to-day expenses, it's time to delve into the process of...

Tawaref

Saudi Arabia

Goldman Sachs sets up MENA regional headquarters in Riyadh

Saudi Ministry of Investment has granted US investment bank Goldman Sachs a license to set up its regional headquarters in Riyadh. The...

Goldman Sachs

Saudi Arabia

BIM Ventures, SBI Holdings to launch $100 million fund to back Saudi startups

Saudi Arabia-based VC studio BIM Ventures has partnered with Japan’s SBI Holdings to launch a $100 million joint investment...

BIM Ventures MISA SBI Holdings

Saudi Arabia

Riyad Capital launches 1957 Ventures fund to drive Saudi fintech innovation

Riyad Capital, backed by Riyad Bank, has launched the “1957 Ventures" investment fund to drive transformative growth in Saudi...

Riyad Capital 1957 Ventures

Saudi Arabia

Merit closes $12 million pre-Series B round

Saudi Arabia-based SaaS provider Merit has raised $12 million in its pre-Series B funding round, led by Alistithmar Capital i-Cap and...

Merit

Saudi Arabia

MDD closes Series A round for 5% stake

Saudi Arabia-based logistics startup MDD has closed its Series A round for a 5% stake with a valuation of $26 million (SAR100...

MDD Logistics

Saudi Arabia

SVC invests $30 million in General Atlantic’s private equity fund

Saudi Venture Capital (SVC) has pledged a $30 million investment in a private equity fund managed by the US-based investment firm...

SVC General Atlantic

Saudi Arabia

Saudi WheeKeep closes $8 million Series A round

Saudi Arabia-based logistics startup WheeKeep has raised an $8 million Series A funding round, led by the American investor...

WheeKeep Logistics

Saudi Arabia

Qsalary partners with Itqan Capital to launch $80 million fund

Saudi Arabia-based HRtech Qsalary has partnered with the Saudi investment company, Itqan Capital, to launch an $80 million investment...

Qsalary Itqan Capital

Saudi Arabia

Tawaref Series: Understanding annual operating cost in Saudi Arabia

Maintaining a legal presence in Saudi Arabia is not a one-size-fits-all approach for any business, with the annual operational cost...

Tawaref

Saudi Arabia

Abyan Capital secures $18 million Series A led by STV

Saudi Arabia-based robo-advisory company Abyan Capital has closed a $18 million Series A round led by STV with participation from...

Abyan Capital STV Wa'ed Ventures

Saudi Arabia

Tawaref Series: Saudi corporate annual operating costs explained

After understanding the CapEx costs (hard costs and setup partner fees) involved in establishing a business in Saudi Arabia, the next...

Tawaref Saudi expansion

Egypt

10 Egyptan startups win VMS Bridge Programme awards

Ten Egyptian startups have won the prizes of the joint Saudi-Egyptian programme VMS Bridge, aimed at supporting startups in Egypt and Saudi...

VMS Value Makers Studio

Saudi Arabia

Penny Software raises undisclosed pre-Series A round

Saudi Arabia-based SaaS provider Penny Software has raised a pre-Series A funding round for an undisclosed value, from Iliad Partners,...

Penny Software Iliad Partners

Saudi Arabia

Tawaref series: Categorising Saudi setup partners by soft costs

In Saudi Arabia, we often see foreign companies spend two to three months just shopping for service providers who can lead their...

Tawaref

Saudi Arabia

Tawaref Series: The truth behind Saudi landing hard costs

It is no secret that expansion to Saudi Arabia has become notorious for being extremely costly, with complaints of corporate service...

Tawaref

Lebanon

MBC Group acquires 14% stake in Anghami

Saudi Arabian media conglomerate MBC Group, through its MBC Ventures arm, has purchased 4,074,533 ordinary shares in music streaming...

anghami MBC

Saudi Arabia

Thmanyah launches Thmanyah Hosting to connect publishers with advertisers

Thmanyah, the media tech company and leading Arabic podcast network in the Middle East and North Africa, has launched the ‘Thmanyah...

Thmanyah

Saudi Arabia

Saudi foodtech Barakah raises investment from FoodLabs

Saudi Arabia-based foodtech startup Barakah has raised an undisclosed funding round from German-based VC FoodLabs, marking its first...

Barakah FoodLabs foodtech

Saudi Arabia

SVC invests $30 million in Olive Rock Partners Fund I

Saudi Venture Capital Company (SVC) has pledged $30 million to the first fund of UAE-based private equity firm Olive Rock Partners, as...

SVC Olive Rock Partners

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