Tag: News

How KSA is blending compliance and innovation to build a global startup hub 

RIYADH: Saudi Arabia is advancing an ambitious strategy to position itself as a global hub for technology startups, striking a balance between regulatory reform...

Closing Bell: Saudi main index ends marginally lower at 10,885 

RIYADH: Saudi Arabia’s Tadawul All Share Index edged down on Monday, slipping 11.81 points, or 0.11 percent, to close at 10,885.58.  Total trading turnover of...

MENA startup funding rises 1,411% MoM to $783m

Funding landscape sees notable shifts among emerging ecosystems RIYADH: Startup investment across the Middle East and North Africa accelerated sharply in July, with total funding reaching $783...

Closing Bell: Saudi main index rises to close at 10,897

Parallel market Nomu added 17.42 points to close at 26,633.08 MSCI Tadawul Index gained 7.82 points to end at 1,409.49 RIYADH: Saudi Arabia’s Tadawul All Share...

Startup Wrap: Saudi firms surge as AI, food tech deals highlight ecosystem’s rapid ascent 

RIYADH: Saudi Arabia’s startup ecosystem continues to gain momentum, with a surge of early- and growth-stage investments across technology-driven sectors including AI, food tech,...

Saudi EXIM Bank’s H1 credit facilities surge 44% to $6.29bn

Export financing disbursements rose 26.2% to SR8.87 billion Gowth supports bank’s mandate to help double Kingdom’s industrial exports RIYADH: Saudi Arabia’s Export-Import Bank boosted credit facilities...

Saudi Arabia leads MENA startup funding with $396.5m in July: Wamda

Kingdom’s performance boosted by three major rounds UAE followed as second-largest destination for funding RIYADH: Saudi Arabia led Middle East and North Africa startup funding in...

Saudi banks’ June profits hit record $2.63bn amid loan growth, digital boom

RIYADH: Saudi Arabia’s banking sector maintained its momentum in June, as aggregate profits before zakat and taxes climbed to SR 9.9 billion ($2.63  billion) — the...

Don't miss

IN-SPACe picks Astrobase, SatSure and TM2SPACE as first recipients of Technology Adoption Fund

The Indian National Space Promotion and Authorisation Centre, on...

Abu Dhabi Customs showcases ‘Invisible Customs’ project at WCO workshop

At the invitation of the World Customs Organization (WCO),...

World Cup expected to be the biggest betting event in history

The Fifa Men's World Cup is set to be...

Bitcoin On Ethereum? Circle Launches cirBTC on ETH Targeting $9B WBTC Market

Bitcoin News: Circle has launched cirBTC, a 1:1 BTC-backed...

Emirati startup founders unveil AI-powered innovations at Hub71 Impact 2026

Emirati startup founders showcased AI-powered and advanced technology solutions...