Riyadh, Saudi Arabia – Al Menu, a leading company specializing in restaurant operations management, has announced the successful closing of a SAR 38 million funding round. The round was led by Al Majdiah Investment, alongside other key investors, and is set to fuel Al Menu’s ambitious expansion plans within the Kingdom’s rapidly growing hospitality sector. […]
Manama, Bahrain – September 29, 2024 – Eskan Bank (EB) has announced a landmark partnership with the National Bank of Bahrain (NBB), Bahrain Islamic Bank (BisB), and Kuwait’s Boubyan Bank Group to provide joint financing worth BHD 250 million. This strategic alliance aims to support and expand housing programs across the Kingdom, enhancing affordable housing […]
Riyadh, Saudi Arabia — September 2024 — Mila Celebrations, a tech-powered event planning platform founded in early 2024, has successfully raised SAR 850,000 ($227,000) in a pre-seed funding round from angel investors. The funding is set to bolster the company’s ambitious plans to transform the event management industry in Saudi Arabia by expanding its service […]
Riyadh, 26th September 2024 – THIQAH, a leading technology solutions provider, has announced a strategic partnership with Ratl Tech to invest in the “MUHIDE” platform. This innovative platform, focused on enhancing documentation and legal governance in commercial relations, aims to transform the way businesses handle transactions by leveraging advanced technology and digital solutions. The agreement […]
Jeddah, Saudi Arabia – Shift, a Saudi-based company specializing in smart transportation and logistics services, has successfully raised $82.8 million (SAR 310.8 million) in a seed funding round led by Merak Capital. This significant investment aims to accelerate Shift’s growth and further its innovative solutions, positioning the company as a key player in the Kingdom’s […]
LinkedIn has released its highly anticipated annual list of the Top Startups in Saudi Arabia, spotlighting 10 fast-growing companies that are making significant waves in the kingdom’s business landscape. These startups are not only attracting attention from investors and jobseekers alike but are also developing innovative solutions that are poised to shape the future of […]
Riyadh, Saudi Arabia, 25 September 2024: In a strategic move to enhance the digital payment ecosystem in Saudi Arabia, PayerMax, a leading global provider of payment solutions has announced a strategic partnership with Saudi Awwal Bank, a leading bank in the Kingdom of Saudi Arabia Kingdom. This partnership aims to redefine the digital payments landscape and […]
Dubai, UAE – Astra Tech, a leading consumer technology holding group based in the UAE, has announced a strategic partnership with National Bonds, the UAE’s premier savings and investment company. This collaboration is set to provide 9 million Botim users across the UAE with easy access to National Bonds’ innovative savings and investment products directly […]
Riyadh, September 2024 – Najm for Insurance Services has introduced an innovative “virtual visit” channel, enabling customers to connect via video calls with customer service representatives through its website. This latest offering aligns with Najm’s commitment to enhancing customer experience by delivering high-quality services, leveraging digital technologies to ensure seamless access anytime, anywhere. The “virtual […]
Dubai, UAE – September 2024 – UAE-based Fils, an ESG-focused fintech that leverages blockchain technology, has partnered with Saudi Arabian tech platform Madkhol to offset the carbon footprint of Saudi capital market fintechs. The partnership, officially signed during the prestigious 24 Fintech event, marks a significant milestone for both companies and the region’s commitment to […]