News Inc.Arabia Staff Orbit Startups Accelerator Invests in 6 Diverse Ventures Three of these startups are dedicated to serving untapped markets.
News Inc.Arabia Staff Saudi PIF Plans $70 Billion Annual Deployment Yasir Bin Othman Al-Rumayyan, governor of the Public Investment Fund (PIF), made the announcement during the FII Priority Conference in Miami.
News Inc.Arabia Staff UAE Unveils $35 Billion Investments for Egypt’s Ras El-Hekma The Egyptian government will retain a 35% stake in Ras El-Hekma project.
News Inc.Arabia Staff Alat Partnerships Drive $100 Billion Tech Investments Earlier this month, Saudi Crown Prince Mohammed bin Salman announced the establishment of Alat, a PIF's firm.
News Inc.Arabia Staff Ripple, Egypt's CIB to Revolutionize Cross-Border Payments This move aligns with Ripple's broader strategy to ramp up operations in the U.S.
News Inc.Arabia Staff Alinma Pay Invests in Sakani Ventures Fund The value of the investments was not disclosed.
News Inc.Arabia Staff Abu Dhabi Unveils Partnership for Regulatory Sandbox Program This collaboration marks the inception of the Abu Dhabi Regulatory Sandbox Programme, an innovative platform geared towards uniting companies across key sectors such as health tech, mobility, and agritech with regulatory bodies and policymakers.
News Inc.Arabia Staff ENGIE Unveils Initiative to Back Climatech Startups Dubbed ENGIE Factory, this initiative's primary goal is to collaborate with entrepreneurs to cultivate novel business models and support the development of viable startups.
News Inc.Arabia Staff Plus VC, Tawaref to Streamline Company Setup Process in KSA The partnership will enable both parties to exchange insights, including deals, investment analysis, and market trends.
News Inc.Arabia Staff Saudi Arabia Launches $100 Million Film Fund The Saudi Film Fund aims to forge international partnerships with major studios and create content that authentically reflects Saudi culture and values.
News Inc.Arabia Staff Thmanyah, Al-Thaqafeyah Partner Thmanyah develops innovative tools empowering individuals to enrich Arabic content online.
News Inc.Arabia Staff Last Week in Funding (12-18 February) Last week in funding is our weekly roundup of raises by startups in MENA and the GCC.
News Inc.Arabia Staff Saudi Techies Nybl and Basserah Announce Merger Under the agreement, nybl's brand remains unchanged, absorbing Basserah's personnel, products, systems, intellectual property, and expertise into its operational framework.
Startup Inc.Arabia Staff inDrive Unveils Shortlist for Underdog Tech Award 2024 The Underdog Tech Award was launched in September last year to support successful technology startups overcoming challenges such as limited resources, funding constraints, and geographical limitations.
Startup Inc.Arabia Staff Edtech Thiqa Tutoring Secures $300,000 Investment Viewers can catch the next episode of Beban on February 21st, 2024, airing on various channels across the region.
News Inc.Arabia Staff Decline in M&A Activity Hits Egypt: Baker McKenzie Globally, M&A activity declined by 6% in volume and a significant 16.4% in value throughout 2023.
News Inc.Arabia Staff PIESHIP Secures Undisclosed Pre-Seed Funding Round The company's portfolio includes a state-of-the-art application designed for efficient shipment delivery and comprehensive warehouse management tools.
Startup Inc.Arabia Staff GameCentric Raises $1.5 Million in Funding Looking ahead, GameCentric aims to triple its user base and double its array of game titles over the next two years.
News Inc.Arabia Staff Partech Africa II Fund Hits Target Surpassing $300 Million Partech Africa II aims to foster the growth of African companies and founders, both domestically and internationally.
News Inc.Arabia Staff Turki Al-Sheikh Launches Big Time Investment Fund The fund will prioritize investments in Saudi, Gulf, and Arab films.
News Inc.Arabia Staff Sawari Ventures Seeks to Invest $150 Million in Startups Sawari Ventures has already invested in approximately 500 startups.
Startup Inc.Arabia Staff The Cloud Secures $12 Million in Series B Funding The Cloud aims to expand its footprint to 8,000 locations by the end of 2027.
News Inc.Arabia Staff Al-Futtaim Automotive Debuts Podcast 'Let’s Talk Mobility' The series celebrates the journeys of visionaries spearheading positive change in the mobility and sustainability sectors in the UAE.
News Inc.Arabia Staff Shahid VIP Set to Beat Netflix as Leading SVOD by 2029 As of the end of 2023, Netflix held the lead with 3.8 million subscribers, closely followed by Shahid VIP with 3.5 million and StarzPlay with 3 million subscribers.
News Inc.Arabia Staff Tamimi Markets Acquires Al Raya Supermarkets Tamimi Markets has been operating in Saudi Arabia since 1979.
News Inc.Arabia Staff OpenAI Introduces New AI Text-to-Video Tool Sora Sora bridges the gap between textual narratives and dynamic video presentations.
News Inc.Arabia Staff HUB71 Teams Up with Stride Ventures The partnership will offer comprehensive mentorship programs, equipping Abu Dhabi's startups with guidance to navigate business expansion.
News Inc.Arabia Staff Saudi Arabian PhysioHome Closes Undisclosed Seed Round In 2022, the company closed its Pre-seed round that was led by Sanabel 500.
News Inc.Arabia Staff RW3 Ventures Raises $60 Million for Blockchain, Web3 The investment was headed by the billionaire Jim Pallotta's family office, Raptor Group, with major backing from Abu Dhabi's sovereign wealth firm Mubadala.
News Inc.Arabia Staff OpenAI Valued at $80 Billion After Deal: NYT Reports The reported agreement entails the sale of existing shares by the San Francisco-headquartered firm to investors spearheaded by Thrive Capital.
News Inc.Arabia Staff KSA Launches E-tools for Regional HQ The newly introduced online services cater to a range of needs, from issuing regional headquarters as branches to establishing entirely new foreign entities.
Startup Inc.Arabia Staff Exverse Raises $3 Million Investment to Enhance Web3 Gaming The funding round was led by investors including Cogitent Ventures, Cointelligence, and Moonrock Capital.
News TheGeek Why You Should Send a Thank You Email After A Job Interview A thank-you email after an interview is a great way to express gratitude for the opportunity and reinforce your interest in the position.
News Inc.Arabia Staff Nvidia Surpasses Alphabet in Market Cap Race This achievement nudged it past Alphabet, whose market cap stood at $1.82 trillion.
Startup Inc.Arabia Staff Entlaq, Ninjacart Partner to Boost Agri-Startups in Egypt This collaboration aims to bolster promising farm-to-fork Agri startups in Egypt.