The new office reflects the firm’s ongoing commitment to Saudi Arabia and gives Goldman Sachs the capacity to grow its presence in the Kingdom. RIYADH – Goldman Sachs today announced the official opening of its new office and regional headquarters (RHQ) in Riyadh, Kingdom of Saudi Arabia. Located in the King Abdullah Financial District (KAFD), the […]
Riyadh, Saudi Arabia – Qwacks, a Saudi gaming technology startup building next-generation tools for game developers, has raised SAR 1.8 million in pre-seed funding from Merak Capital, a Saudi-based investment firm licensed by the Capital Market Authority. The investment marks a significant milestone for one of the earliest companies in Saudi Arabia focused on developing core […]
Riyadh, Saudi Arabia – Nabt, the innovative Saudi agritech modernizing the fresh-produce ecosystem, today announced the closing of a USD 3.4 million Seed Extension round, bringing the company’s total funding to USD $5 million (SAR 18.8 million).The round was led by SHG Group, with continued backing from Merak Capital and a number of distinguished angel investors, […]
Dubai, UAE — December 2, 2025 — On the UAE’s 54th National Day, Venturun DMCC unveiled Cozi.club, pioneering what founders call “Coliving 2.0”: a villa-based lifestyle community that’s redefining how global innovators build in Dubai. Born from the founders’ own journey building in Dubai, Cozi.club addresses a critical gap: sustainable innovation starts with sustainable living. Too […]
[Riyadh, Saudi Arabia] Group-IB, a leading creator of cybersecurity technologies to investigate, prevent, and fight digital crime, today announced at Black Hat MEA the launch of the Cyber Fraud Intelligence Platform (CFIP), a groundbreaking technology designed to protect Saudi financial institutions, e-commerce entities, and digital platforms from emerging cyber threats. As Saudi Arabia continues its digital transformation […]
Nine companies will present live at Demo Day on December 17, 2025. RIYADH, Saudi Arabia — 500 Global, a multi-stage venture capital firm, and Sanabil Investments, a wholly owned company of the Public Investment Fund (PIF), announce the tenth batch of the Sanabil Accelerator by 500 Global. This new cohort aims to foster innovation and drive […]
Riyadh, Saudi Arabia — [December 2025] — COGNNA, the Saudi-based innovator in AI-led Security Operations (SecOps), announced during Black Hat MEA 2025 the closing of its Series A funding round, raising $9.2 million led by Impact46, with participation from BNVT Capital, Vision Ventures, and tali ventures. This round represents a pivotal milestone in COGNNA’s mission to empower organizations to thrive by safeguarding them […]
SICO Capital, a leading provider of asset management, brokerage, and investment banking services in Riyadh and licensed by the Saudi Capital Market Authority (License No. 08096-37), announced today that it has completed the increase in its paid-up capital from SAR 60 million to SAR 100 million in the second quarter of 2025. This milestone reflects […]
Riyadh, KSA : Abhi, powered by Alraedah, has announced a strategic partnership with KABi, a leading Saudi human capital technology company, to provide employees within KABi-managed organizations with instant access to a portion of their earned wages through ABHI’s Earned Wage Access (EWA) solution. Through this partnership, KABi employees will be able to withdraw part of […]
FuturePlay announced on December 1 that it has signed a landmark memorandum of understanding (MOU) with the Ministry of Investment of Saudi Arabia (MISA), marking the first agreement of its kind between a Korean venture capital (VC) firm and the Saudi ministry. The strategic partnership aims to accelerate the entry of Korean startups into the […]