Synopsis
The extended funding round size would be around $300-310 million, according to people with knowledge of the matter. Of this, around $250-260 would be...
Parallel market Nomu fell 0.13% to close at 25,525.29
MSCI Tadawul Index declined 0.45% to end at 1,375.58
RIYADH: Saudi Arabia’s Tadawul All Share Index slipped...
Intella, a Saudi-headquartered AI startup originally founded in Egypt, has raised $12.5 million in a Series A round led by Prosus
Co-founded in 2021 by...
RIYADH: Saudi Arabia’s Tadawul All Share Index closed Thursday’s trading session on a positive note, rising 36.51 points, or 0.34 percent, to 10,655.61.
Trading turnover...
Synopsis
Nikhil Agarwal, Managing Director of FITT, highlighted that the collaboration between India and the UAE would generate synergy between both nations and provide startups...
RIYADH: E-commerce spending in Saudi Arabia via Mada cards rose 72 percent year on year to SR25.97 billion ($6.93 billion) in June, underscoring the...
Synopsis
OpenAI is buying startup Statsig in an all-stock deal worth $1.1 billion. Statsig’s CEO, Vijaye Raji, will lead product engineering at OpenAI, focusing on...
