Saudi Arabia-based startup UpLevel has successfully raised an undisclosed pre-seed investment round from angel investors, marking a significant milestone in its mission to enhance professional development and institutional performance. Founded in 2024 by Idris Alshaya and Hamad Al-Lahaidan, UpLevel provides smart solutions designed to empower individuals and organizations through specialized career guidance, innovative coaching, and […]
STC Bank received approval from SAMA set to lunch Full Operations in the Saudi Arabia
STC Bank, a subsidiary of state-owned Saudi Telecom Company (stc Group), is set to launch operations as a full-fledged digital bank in the kingdom. The Saudi Central Bank (SAMA) has granted “no objection” for STC Bank to offer digital banking services to customers in the Gulf state. Formerly known as stc pay that mainly offered […]
BSF Capital Partners with BlackRock to Deliver Innovative Investment Solutions in Saudi Arabia
23rd January 2025, Riyadh, Saudi Arabia – Saudi Fransi Capital (BSF Capital), a leading Capital Markets Institution in Saudi Arabia, announced it is partnering with BlackRock, the world’s largest Asset Management firm.The collaboration aims to integrate BSF Capital’s deep local insights and market knowledge leveraging BlackRock’s global expertise in Asset Management and Investment Advisory services. […]
Saudi’s FOZ App Secures SAR 2 Million in Pre-Seed Funding to Revolutionize Digital Coupon Marketing
Riyadh, Saudi Arabia: Foz App, a Saudi-based application specializing in innovative marketing solutions through digital coupons for the business sector, has successfully closed a SAR 2 million pre-seed funding round in the fourth quarter of 2024. The funding was secured from a group of bold investors, reflecting strong confidence in the company’s vision and growth […]
500 Global launches New Fund led by Amjad Ahmad to fuel MENA’s next wave of Tech Champions
RIYADH, Saudi Arabia–(BUSINESS WIRE/AETOSWire)– 500 Global, a leading global venture capital firm, today announced the launch of 500 MENA, L.P. (the “Fund”), a new fund dedicated to investing in high-growth technology startups across the Middle East and North Africa (MENA) region both from outside and inside the current 500 Global portfolio. This strategic move positions 500 Global […]
Saudi-based Ebana Raises SAR 10 Million in Pre-Series A Funding Led by Isnad Law Firm
Riyadh, Saudi Arabia – Ebana | إبانة, a pioneering provider of investor relations management services for closed and simplified joint stock companies, has successfully secured SAR 10 million in a Pre-Series A investment round. The round was led by Isnad Law Firm, marking a significant milestone in Ebana’s journey to enhance business governance through digital […]
Ibtikar Fund, Flat6Labs Announce Co-investment in DataQueue
Ibtikar Fund and Flat6Labs Announce Co-Investment in DataQueue, the AI Innovator Transforming Industries Ramallah, Palestine, 21/01/2025 – Ibtikar Fund and Flat6Labs Jordan Seed Fund are proud to announce their joint investment in DataQueue, a leading AI solutions provider poised to revolutionize the artificial intelligence landscape. This partnership underscores both funds’ commitment to supporting innovative startups […]
Saudi agritech Arable closes $2.55 million Seed round to Revolutionize Agriculture in Saudi Arabia
Arable, a Saudi-based AgriTech startup co-founded by Lawrence Ong (CEO) and Christina Khalife (COO), with the collaboration of Executive Partners Marc and Anthony Eid, has announced the successful closure of a $2.55 million (SAR9.75 million) Seed funding round to pioneer sustainable hydroponic farming in the Kingdom. The round included participation from institutional and private investors, […]
Cenomi Centers partners with Visa to enhance Loyalty Program and Consumer Payment Solutions in KSA
Riyadh, Saudi Arabia: Cenomi Centers, the leading owner, operator and developer of retail lifestyle destinations in Saudi Arabia, is pleased to announce a strategic partnership with Visa, a world leader in digital payments. This collaboration is set to transform Cenomi’s loyalty program, offering customers unparalleled offers, benefits and exceptional experiences. Under the partnership, Cenomi Centers will […]
Saudi’s Wilow Secures Pre-Seed Investment to Revolutionize Laundry Services in the KSA
Riyadh, Saudi Arabia – January 20, 2025: Wilow, an emerging tech startup specializing in innovative laundry solutions, has successfully closed an undisclosed Pre-Seed investment round. The funding comes from a group of angel investors and marks a significant step forward in the company’s growth journey. Founded in September 2024 by Mohammed Al-Marri and Wijdan Al-Otaibi, […]