Community-led workspace platform targets rising demand from startups and SMEs in Saudi Arabia. A bridge between Saudi and Pakistani ecosystems, COLABS will help companies launch, scale, and operate through COLABS’ business support platform RIYADH, Saudi Arabia – COLABS, a Saudi headquartered community-led workspace platform backed by regional investors, has launched a 4,000 sqm campus in northern […]
Ahead of the launch of KSA-1, MPE will serve as the global commercial application layer for financial services delivered on SpaceBelt KSA’s sovereign low-Earth orbit constellation. RIYADH, KINGDOM OF SAUDI ARABIA — April 21, 2026: MPE Solutions Inc. (“MPE” / “Modern Pay Engine”) today announced that it has entered into an agreement with SpaceBelt KSA […]
Riyadh, Saudi Arabia – Signit, a Saudi-based technology company specializing in AI-powered digital signatures and contract lifecycle management, has raised $15 million in a Series A funding round to expand its platform and capabilities. The round was led by Raed Ventures, with participation from STV, Seedra Ventures, Takamol Ventures, and Suhail Ventures. The investment also […]
JEDDAH, Saudi Arabia — Sahm Capital, a fully licensed financial company regulated by the Capital Market Authority (CMA), has opened a new office in Jeddah, marking a key step in enhancing its service capabilities to support its rapidly growing investor base across Saudi Arabia. Located in the Al Zahra district on King Abdul Aziz Road, the […]
Source: Forbes Middle East Saudi Arabia’s trend-led fashion platform Aya has raised $7 million (SAR 26 million) in a Series A round led by Raed Ventures, with backing from Nuwa Capital, Sanabil Investments (a wholly owned company of the Public Investment Fund), Khwarizmi Ventures, and other venture capital firms and angel investors, the company exclusively […]
Dubai, UAE – Mashreq, a leading financial institution in the MENA region, has partnered with Toothpick, a prominent healthcare platform with a network of more than 1,000 dental and aesthetic clinics, to launch Mashreq NEO Credit Loans, a new embedded financing solution that enables customers using Toothpick network clinics across the UAE to access flexible, high-value […]
Dubai, United Arab Emirates: Tabby has been granted a Stored Value Facilities (SVF) licence by the Central Bank of the UAE (CBUAE), authorising the company to hold customer funds and introduce a new suite of financial products, including spending accounts, cards and money management tools. The licence marks a major step in Tabby’s evolution into a […]
Manama, Bahrain – stc pay Bahrain, Bahrain’s most innovative and accessible mobile wallet for digital financial transactions, announced a strategic partnership with Global Payment Services (GPS), a Bahrain-based payment infrastructure provider and leading enabler of secure and innovative digital payment solutions in the Kingdom and across the region. This collaboration is part of stc pay’s ongoing investment […]
Dubai – Atradius, a global leader in trade credit insurance and risk management, has established operations in Dubai International Financial Centre (DIFC), the leading financial centre in the Middle East, Africa and South Asia region, marking a significant milestone in its Middle East growth strategy. This expansion strengthens Atradius’ ability to deliver comprehensive insurance management services, […]
Dubai World Trade Centre (DWTC) Free Zone signed on Monday a Memorandum of Understanding with Wio Bank to provide streamlined digital banking solutions and financial services for companies operating within its jurisdiction. The partnership will simplify access to banking services for businesses establishing or operating within the free zone, further strengthening the ecosystem supporting entrepreneurs, start-ups […]