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News Inc.Arabia Staff

Saudi Arabia Considers Multibillion-Dollar Aramco Share Sale

The Kingdom is aiming to raise at least $10 billion.

News Inc.Arabia Staff

Saudi Royal Commission of AlUla Names New CEO

The RCU was established in 2017 to transform the historic region of AlUla in the northwest of the kingdom into a significant hub for the creative and tourism industries

News Inc.Arabia Staff

Saudi Arabia Introduces First Luxury Train Service

The actual operation of the 40 luxury cabins is scheduled to commence in the fourth quarter of 2025.

News Inc.Arabia Staff

Mitgo Group Launches Takefluence

Takefluence has a goal of attracting up to three million users within the next two years.

News Inc.Arabia Staff

Last Week in Funding (22-28 January)

Last week in funding is our weekly roundup of raises by startups in MENA and the GCC.

News Inc.Arabia Staff

Iraq Launches New Initiative to Back Its Entrepreneurs

The initiative is set to bolster 20 startups by delivering customized interventions that cater to their specific needs and gaps.

News Inc.Arabia Staff

Bahrain's Tamkeen Launches Riyada Program

In collaboration with UK-based Hambro Perks, the Riyada Business Acceleration Program aims to bolster entrepreneurs engaged in technology and innovation-driven ventures.

News Inc.Arabia Staff

Flat6Labs Jordan Graduates 6 Startups

Each received a seed investment worth $115,000.

Startup Inc.Arabia Staff

Saudi Madfu Closes $3.2 Pre-seed Round

The platform provides its services in accordance with Sharia controls without additional costs to customers.

News Inc.Arabia Staff

Reed Hastings Donates $1.1 Billion of Netflix Shares

The Silicon Valley Community Foundation disbursed nearly 15,000 grants totaling $2.57 billion in 2022.

News Inc.Arabia Staff

Musk Announces Implant of Neuralink's First Brain Chip

Last year, the US Food and Drug Administration (FDA) granted Neuralink clearance to initiate its first human trial.

News Inc.Arabia Staff

Visa Accelerator to Receive Applications Until February 18

The cohort will be announced on April 15th with its first week to kick off on April 29th.

News Inc.Arabia Staff

Cabrio Closes Pre-Seed Investment Round

Cabrio aims to fortify its product offerings.

News Inc.Arabia Staff

Dubai Investments Acquires 34.3% of GFP

The deal is valued at $60 million.

News Inc.Arabia Staff

Ma’aden Subsidiary to Supply Aluminum Panels to Lucid Motors

The three-year agreement was announced during the Future Minerals Forum.

News Inc.Arabia Staff

Applications for Misk Accelerator Program to Close on 31 Jan

The program will kick off on March 3rd and will last until June 6th.

News Inc.Arabia Staff

Arab Health Commences with Focus on Advancing Healthcare

The conference will last until February 1st.

News Inc.Arabia Staff

OSKELLY To Open Shop in the UAE

Eastern Europe Fashion resale platform expands into the region.

News Inc.Arabia Staff

Lionel Messi Stars in Saudi Arabia Tourism Campaign

The Football Legend Launches "Go Beyond What You Think Campaign" as a tourism Ambassador for the Kingdom.

News Inc.Arabia Staff

Google Offers $4 Million to Palestinian Startups

Google is offering financial assistance to early-stage startups and small businesses to safeguard jobs and create new ones for Palestinians.

News Inc.Arabia Staff

KSA's Flag Carrier Saudia Carries 30 Million Guests in 2023

The kingdom's National Aviation Strategy aims to support the transport of 330 million passengers across more than 250 destinations by 2030.

News Inc.Arabia Staff

216 Capital Leads $500K Round in Fintech ProXalys

ProXalys provides digitization services for Africa's informal sector.

News Inc.Arabia Staff

CES 2024 Unleashes Technological Revolution

Techies and industry leaders from across the globe flock to Las Vegas from 9th to 12th January to attend the event.

News Inc.Arabia Staff

PIF Launches Electric 360 Partnership with Formula E, Extreme E

This collaboration is set to lead the way in carbon reduction efforts while contributing significantly to the advancement of future mobility.

News Inc.Arabia Staff

Saudi Tech Giant Al-Moammar Information Pours $5M in OpenAI

The strategic investment was advised by Decisive Capital Management, headquartered in Geneva, Switzerland.

News Inc.Arabia Staff

Bybit Launches Next-Gen ByBUIDLERs Program

Bybit is determined to further empower individuals worldwide to become influential content creators.

News Inc.Arabia Staff

stc's Sirar and Saudi Railway Team Up for Cybersecurity Advancement

sirar by stc will provide advanced solutions to safeguard SAR's railway network.

News Inc.Arabia Staff

Amazon Unveils Alexa's Most Popular Features in MENA

Alexa has provided seamless, hyper-localized experiences in Khaleeji Arabic to households across the Middle East for the past two years.

News Inc.Arabia Staff

Riot Games Trims 11% of Global Workforce

Riot Games is now refocusing on fewer high-impact projects to ensure a more sustainable future.

News Inc.Arabia Staff

aiBANK, valU Join Forces to Issue Co-branded Credit Card

Eligible valU customers can apply for the card via the valU app as of Sunday, January 28th.

News Inc.Arabia Staff

PayTabs Group, Fintech Galaxy Partner for Fintech Solutions

PayTabs plans to use FINX for secure and efficient payout transactions.

News Inc.Arabia Staff

SAMA Grants License to Thara for Debt-Based Crowdfunding Solutions

Thara now joins nine authorized companies offering such services in Saudi Arabia.

News Inc.Arabia Staff

Saudi’s First Web3 & Blockchain VC Fund Adaverse Invest in Takadao

Adaverse is a Cardano ecosystem accelerator and seed fund concentrating on scaling Web3 solutions.

News Inc.Arabia Staff

valU and Bosta to Introduce Installment-on-Delivery Services

This collaboration aims to provide flexible payment solutions to a wide range of e-commerce businesses, boosting their sales potential.

Events Inc.Arabia Staff

Crysp Farms Harvests $2.25 Million in Pre-Series A Round

Crysp Farms aims to introduce new farms in upscale hotels and resorts managed by global industry leaders such as Hilton Worldwide, Jumeirah Group, and Marriott International.

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