Fynd enters Saudi Arabia to accelerate AI-native unified commerce across the Kingdom

Fynd enters Saudi Arabia to accelerate AI-native unified commerce across the Kingdom

Strengthens its presence, helping retailers and enterprises in Saudi Arabia speed up their digital and omnichannel transformation Riyadh, Saudi Arabia: Fynd, an AI-native retail technology company backed by Reliance Retail Ventures Limited, has announced its official expansion into the Kingdom of Saudi Arabia (KSA). This marks a significant step in its growth strategy for the Middle […]

PIF unit Jada Fund of Funds to ramp up private credit as Stride Ventures targets $200m Saudi deployment

PIF unit Jada Fund of Funds to ramp up private credit as Stride Ventures targets $200m Saudi deployment

Jada Fund of Funds, a subsidiary of Public Investment Fund, plans to expand its allocation to private credit, according to a report by Bloomberg. The move comes as Gulf investors continue backing the asset class despite heightened scrutiny in Western markets. Jada recently struck a partnership with India-based Stride Ventures, which aims to deploy $200m into […]

Riyadh Valley Company Launches King Saud University Venture Fund in Partnership with SparkLabs

Riyadh Valley Company Launches King Saud University Venture Fund in Partnership with SparkLabs

Riyadh Valley Company Launches King Saud University Venture Fund in Partnership with SparkLabs Riyadh Valley Company—the investment arm of King Saud University—announced its contribution to establishing the King Saud University Venture Fund and Startup Accelerator in collaboration with the global group SparkLabs. This strategic initiative aims to strengthen the university’s innovation ecosystem and transform scientific […]

Saudi-based deeptech company Immensa secures DFDF backing to expand digital supply chain platform

Saudi-based deeptech company Immensa secures DFDF backing to expand digital supply chain platform

Dubai Future District Fund (DFDF) has invested in Dubai-born deep-tech company Immensa to support the global expansion of its digital spare parts platform and strengthen advanced manufacturing capabilities from the UAE. The investment, made alongside Global Ventures and existing shareholders, will enable Immensa to scale its Digital Parts Passport platform, expand internationally, and reinforce more […]

Saudi Real Estate Tokenization Platform Jozo launches Kingdom’s 1st Tokenized Property Deed

Saudi Real Estate Tokenization Platform Jozo launches Kingdom’s 1st Tokenized Property Deed

Saudi real estate tokenization platform Jozo has announced the issuance of the Kingdom’s first tokenized real estate deed through a private-sector platform, marking a landmark development in the country’s property and investment landscape. According to the company’s press release, the issuance was completed within the regulatory sandbox of the Real Estate General Authority (REGA), with […]

Exel by Merak’s Cohort 2 awards $5.1mln to 17 startups

Exel by Merak’s Cohort 2 awards $5.1mln to 17 startups

Riyadh, Saudi Arabia – Exel by Merak, a subsidiary of Merak Capital and Saudi Arabia’s premier innovation platform company, has concluded the Demo Day for its second gaming accelerator cohort, marking the completion of a 13-week program. The 17 startups collectively received an investment of USD 5.1 million from Merak Gaming fund through Exel Gaming Accelerator. Hosted […]

Moody’s Establishes Regional Headquarters in Saudi Arabia, Deepening its presence in Middle East

Moody’s Establishes Regional Headquarters in Saudi Arabia, Deepening its presence in Middle East

Moody’s Corporation (NYSE: MCO) announced today that it has established a regional headquarters (RHQ) in Riyadh, Saudi Arabia, reflecting Moody’s ongoing commitment to support the development of the Kingdom’s capital markets and economy. This investment aligns to the Kingdom’s Vision 2030 initiative, and underscores its dynamism and growth. The new RHQ marks an expansion of […]

ZagTrader Partners with KuCoin to Advance Institutional Access to Digital Asset Markets

ZagTrader Partners with KuCoin to Advance Institutional Access to Digital Asset Markets

Subtitle: The partnership will support future institutional connectivity between ZagTrader’s financial infrastructure and KuCoin’s digital asset ecosystem, enabling structured access to global crypto markets. Dubai, United Arab Emirates, February 20,2026:  ZagTrader today announced a strategic partnership with KuCoin, a leading global digital asset platform, as part of its ongoing mission to expand institutional access to […]

HUMAIN Backs xAI with $3 Billion Series E Investment Ahead of Historic SpaceX Merger

HUMAIN Backs xAI with $3 Billion Series E Investment Ahead of Historic SpaceX Merger

HUMAIN invested $3 billion in xAI’s Series E round just prior to its acquisition by SpaceX, positioning itself at a pivotal moment of platform-scale expansion and integration. As a result of the transaction, HUMAIN became a significant minority shareholder, with its xAI holdings converted into SpaceX shares. The investment builds on HUMAIN and xAI’s 500MW […]

Mastercard cardholders can now use Google Pay in Saudi Arabia

Mastercard cardholders can now use Google Pay in Saudi Arabia

Riyadh, Saudi Arabia – Mastercard and Google are collaborating to further enhance the availability and usage of Google Pay in the Kingdom of Saudi Arabia. The recently launched Google Pay gives consumers a simple, secure and convenient way to make payments using their Android smartphones. In line with Vision 2030 and the ongoing joint efforts supports […]