News Inc.Arabia Staff ISSF Bolsters Investment in Propeller's Second Fund Founded in 2017 by Tambi Jalouqa and Zaid Farekh, Propeller Ventures II (PVII) is a Jordan-based pre-Seed and Seed-stage venture capital firm (VC).
News Inc.Arabia Staff Abu Dhabi's MGX Eyes Investment in OpenAI Chip Venture Mubadla and G42 are the founding partners of MGX.
News Inc.Arabia Staff Mubadala, ADIA Announce Fresh Investment Endeavors ADIA manages assets valued at approximately $933 billion.
News Inc.Arabia Staff SVC Invests $30 Million in Olive Rock Partners Fund I SVC was established in 2018 to spearhead the growth of the venture capital ecosystem.
News Inc.Arabia Staff MNT-Halan Acquires Pakistani Advans Microfinance Bank Advans is a publicly traded corporation that operates inside Pakistan's microfinance banking sector.
News Inc.Arabia Staff Classera Acquires Expert Solutions Classera concluded a $40 million Series A round in October 2022.
News Inc.Arabia Staff PIF’s Jada Unveils Its First Investment in Venture Debt This move is aimed at bolstering the venture debt landscape in Saudi Arabia.
News Inc.Arabia Staff Archer, Falcon Aviation to Develop Vertiport Network Archer's aims to replace lengthy car commutes with electric air taxi flights.
News Inc.Arabia Staff Mubadala Invests in Blue Opal Capital's Ventures Fund II Blue Opal Capital recently introduced a Fund-of-Fund platform aimed at identifying and investing in outstanding entrepreneurial venture capitalists.
News Inc.Arabia Staff Saudi Arabian T2 Acquires Omani Promize Established in 2022, Promize has developed a system facilitating effective analysis and communication operations.
News Inc.Arabia Staff stc, bolttech Partner to Enhance Digital Services The partnership aims to offer embedded device protection services to stc's customers.
News Inc.Arabia Staff NCA Introduces New Rules for Cybersecurity Operations The move will enhance the quality of services provided in the cybersecurity sector in KSA.
News Inc.Arabia Staff EdfaPay Expands Global Reach with Digikhata Partnership Established in 2022 by Ghormallah Alghamdi and Nedal Sabbah, EdfaPay provides SMEs with a tap-to-pay solution using smartphones instead of traditional POS devices.
News Inc.Arabia Staff Gulf Capital, RDIA Join Forces for Saudi Tech Sector Boost Under this partnership, Gulf Capital and RDIA will collaborate to bolster Saudi homegrown firms.
News Inc.Arabia Staff ORA Technologies Secures $1.5 Million in Seed Funding The injection of funds will help ORA accelerate the rollout of its e-wallet feature, enabling users to make instant money transfers.
News Inc.Arabia Staff Traveltech Startup Seeru Secures Pre-Seed Funding Future plans include the launch of an Umrah platform during the third quarter of this year.
News Inc.Arabia Staff Egypt's Healthtech 30Med Secures Pre-seed Funding The funding will help the company develop its platform and expand its reach.
News Inc.Arabia Staff Mitgo Group Expands into Fintech with Embedded Acquisition The partnership will enable publishers to gain access to loans and other financial services.
News Inc.Arabia Staff Abu Dhabi Launches Major AI Investment Strategy MGX's investment focus encompasses three areas: AI infrastructure, semiconductors, and core AI technologies and applications.
News Inc.Arabia Staff Morocco Fintech PayLik Raises Funds from 212 Founders This marks the fintech's second funding round in less than 6 months.
News Inc.Arabia Staff ElGameya, Saad Khalid Al-Moajil Partner on Fintech Solutions The partnership will allow ElGameya to extend its ROSCA services to the kingdom.
News Inc.Arabia Staff Numa Partners With Visa to Accelerate Expansion Into KSA This partnership with Visa will allow Numa to expand its offering to current and future customers across different markets.
News Inc.Arabia Staff Saudi Sportstech Grintafy Announces Investments From Chiliz The strategic investment will accelerate the Web3 transition and the international growth of football in the region.
News Inc.Arabia Staff Mojo Raises a Seven-Figure Seed Stage Investment Round The Kuwait-based cosmetics social commerce platform will use the funding to expand in the region, particularly into Saudi Arabia.
News Inc.Arabia Staff Long-Awaited Reddit IPO Targets $748 Million Corporation, executives, and workers to sell IPO shares. Reddit to reserve 8% stock for moderators and board members.
News Inc.Arabia Staff Zeroe Boosted by Seed Investment Founded in early 2023 by Farouk Jivani and Ali Najafian, Zeroe is an AI-powered carbon management tool.
News Inc.Arabia Staff Saudi RasMal Expands Portfolio with Pentugram Acquisition RasMal is a Saudi-based platform specializing in equity management tools.
News Inc.Arabia Staff Mazadak Secures $10 Million Investment The funding round will help Mazadak expand into new markets.
News Inc.Arabia Staff Egypt's dKilo Secures $3.2 Million Investment With the additional funding, dKilo plans to create a new channel for brands to interact with their customers.
News Inc.Arabia Staff Top Tennis Stars to Headline Saudi Arabia Exhibition Among those confirmed to participate are Rafael Nadal, Novak Djokovic, rising star Carlos Alcaraz, and the newest Australian Open champion Jannik Sinner.
News Inc.Arabia Staff 9 Arab Women Entrepreneurs Who Make the World Better On International Women's Day, Inc. Arabia celebrates inspiring Arab women founders and innovators from around the MENA region.
News Inc.Arabia Staff YallaHub Research Unveils UAE's Online Shopping Explosion In 2023, a notable surge was observed in the online home and laundry care products segment, with consumers readily embracing these purchases.
News Inc.Arabia Staff LEAP 2024: Day 3 Highlights - Investments and Innovations The digital economy has grown by 10% since the launch of the Saudi Vision 2030.
News Inc.Arabia Staff Arcapita Launches $500 Million Logistics Fund in KSA The fund saw participation from a leading sovereign wealth fund from the GCC region alongside other major institutional investors.
News Inc.Arabia Staff Rabeh Financial Secures $800,000 Seed Funding Rabeh Financial specializes in crowdfunding services and equity exchange.