Noon raises $500 million as investors look for the next Talabat
Middle East e commerce platform noon has raised $500 million in fresh funding, strengthening its balance sheet as it moves closer to a potential...
FAST Ventures launches $3 million FAST Foundry Fund for MENA startups
FAST Ventures launches the $3 million FAST Foundry Fund, a venture-studio model supporting early-stage MENA startups with capital, workspace, and operational resources across AI, adtech, retail tech, and the creator economy.
African fintech fund First Circle Capital gets $6M from IFC to boost early-stage startups
The International Finance Corporation (IFC) invests $6 million in First Circle Capital to accelerate early-stage fintech innovation and gender-smart venture funding across Africa.
Jahez invests in Doos after Snoonu acquisition and Noon merger
Saudi Arabia’s fast-commerce startup Doos has received a strategic investment from Jahez International, marking a new phase in the Kingdom’s growing quick-delivery ecosystem.
STC sets new revenue record at SAR 57.9B in first 9 months of 2025
Saudi telecom giant stc Group reports record revenues of SAR 57.9 billion for the first nine months of 2025, driven by digital services, cost efficiency, and strong demand for connectivity in line with Vision 2030.
Biban forum 2025 opens with $6B funding boost
The Biban Forum 2025 in Riyadh opens with more than USD 6 billion in financing agreements to empower Saudi entrepreneurs and SMEs in line with Vision 2030.
Saudi Loyalty startup Bonat Raises $6M, Eyes GCC Expansion
Saudi-based customer engagement SaaS company Bonat has raised $6 million in Series A funding, highlighting the growing investor appetite for homegrown enterprise software in the Kingdom.
Global Health Exhibition 2025 wraps up in Riyadh with a $33B leap toward digital healthcare
Saudi Arabia closed the Global Health Exhibition 2025 in Riyadh with $33 billion in digital health investments and major tech collaborations from stc, Mobily, and global firms like GE, Philips, Siemens, Microsoft, and AWS. The Kingdom’s healthcare transformation is connected, data-driven, and already online.
Saudi Arabia’s HUMAIN and Blackstone’s AirTrunk form US$3 B data-centre alliance
HUMAIN, the AI company owned by Saudi Arabia’s PIF, and AirTrunk, backed by Blackstone and CPP Investments, have entered a strategic US$3 billion partnership to develop a hyperscale data-centre campus in the Kingdom of Saudi Arabia, marking AirTrunk’s entry into the Middle East and supporting the country’s AI-driven economy ambitions.
Saudi Arabia’s real estate turns digital ahead of Cityscape2025
Cityscape Global 2025 in Riyadh brings developers, investors, and PropTech startups together to shape Saudi Arabia’s next real estate phase.