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. […]
Saudi-based event planning Platform Mila Celebrations Secures $227,000 in Pre-Seed Funding
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 […]
THIQAH Announces Strategic Partnership with Ratl Tech to Support “MUHIDE” Platform
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 […]
Saudi-Based Mobility Startup Shift Raises $82.8 Million in Seed Funding Led by Merak Capital
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 Unveils 2024 List of Top 10 Startups in Saudi Arabia
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 […]
PayerMax and Saudi Awwal Bank Forge Strategic Partnership to Support Digital Payments
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 […]
Saudi Najm Company for Insurance Services Boosts Customer Service with new ‘Virtual Visit’ Feature
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 […]
J-B Partners with OMODA JAECOO to Offer Flexible Car Financing Solutions in Saudi Arabia
Riyadh, Saudi Arabia – J-B | جيبي, a leading financial services provider in the Kingdom, is excited to announce the signing of a strategic partnership with OMODA JAECOO, one of the world’s premier manufacturers of premium cars. This agreement aims to provide OMODA JAECOO customers in Saudi Arabia with flexible and tailored financing options, making […]
Pluto Partners with neoleap to Expand Financial Solutions for Saudi SMEs
Riyadh, Saudi Arabia – September 18, 2024 – Pluto, the UAE’s leading expense and accounts payable management platform, has announced a strategic partnership with neoleap, a pioneering Saudi fintech company. The collaboration, unveiled at the 24 Fintech Conference in Riyadh, marks Pluto’s formal entry into the Saudi Arabian market, enabling its global customer base to […]
Saudi-based proptech Darent Secures Seed Funding Led by Al Tawuniya Insurance
Riyadh, Saudi Arabia – September 2024 – Darent Platform, a leading vacation rental platform in Saudi Arabia, has successfully closed a significant seed funding round led by Al Tawuniya Insurance, with participation from the Morgan Stanley Inclusive Ventures Lab and BIM Ventures. This milestone investment further cements Darent’s position as a key player in the […]