Tag: News

Vahan bags undisclosed amount from LemmaTree

Synopsis Vahan will use the funds to strengthen the company’s proprietary technology, with a focus on building advanced AI features designed to support large-scale, multilingual...

Startup Wrap: Saudi Arabia leads MENA startup funding in H1 with $1.34bn raised

Regional firms secure $2.1 billion through 334 deals in the first half of 2025 RIYADH: Saudi Arabia emerged as the Middle East and North Africa’s...

Why tech startups should choose Riyadh as their MENA launchpad

Saudi Arabia offers startups access to a high-spending consumer base and a gateway to regional expansion RIYADH: Riyadh is becoming a leading destination for tech startups...

Funding flows into frontier tech as startups race to scale

Darwinz AI will use the new capital to expand its Riyadh-based team RIYADH: Startups across the Middle East and Africa are attracting fresh capital as investors...

Binance launches world’s first Sharia-compliant multi-token cryptocurrency staking platform

Sharia Earn by Binance enables users to earn passive income from cryptocurrency investments whilst adhering to Islamic law Binance has launched Sharia Earn, the world’s...

Saudi Arabia posts 4 years of VC growth despite global slowdown: report 

RIYADH: Saudi Arabia achieved four consecutive years of growth in venture capital relative to its economy, a feat unmatched among its peers, according to...

Saudi reserve assets rise to $459bn in May on foreign deposit surge 

Net foreign assets stood at 63.7% of GDP Investments in foreign securities fell by roughly 2% month on month RIYADH: Saudi Arabia’s official reserve assets reached...

Startup Wrap — Saudi Arabia leads MENA startup activity as UAE crowns new unicorn 

New unicorn emerges in UAE amid mixed funding trends across MENA RIYADH: Saudi Arabia continued to dominate startup momentum while the UAE saw a new...

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Billionaire Deepinder Goyal raises $54 million for his new wearable startup Temple

Weeks after stepping down as Group CEO of Zomato...

Saudi stocks plunge, other GCC markets set to open in negative territory

Analysts believe that investors will be gravitated towards defensive...

Saudi Exchange shows resilience on Aramco shares, defying regional trend

RIYADH: Saudi Arabia’s Tadawul All Share Index showed signs...

Info Edge commits Rs 250 crore to new B8 Fund I to back growth-stage tech startups in India

Info Edge has approved a commitment of up to...