Riyadh, Saudi Arabia — Alraedah Finance has launched Alraedah Invest, a debt-based crowdfunding platform aimed at expanding access to financing for small and medium-sized enterprises (SMEs) across Saudi Arabia. The platform is designed to support businesses operating in high-activity sectors such as restaurants, cafés, retail, and services—segments that often face challenges securing funding through traditional […]
Riyadh, Saudi Arabia — Huawei today announced a new addition to its expanding wearable app ecosystem in Saudi Arabia with the launch of the Sahm Capital smartwatch trading app. The collaboration underscores Huawei’s ongoing commitment to enriching its all-scenario ecosystem and enhancing the digital lifestyle of consumers across the Kingdom. The Sahm Capital app brings real-time […]
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 […]