Saudi Arabia
TMT
MENA Digest: SiFi, Elevate raise funds; May VC funding up 5 times from April, down 58% YoY
Saudi Arabia-based fintech startup Simplified Financial Solutions Company (SiFi) led funding activity in the Middle East......
Finance
Shorooq Partners eyes Saudi expansion with ‘oversubscribed' Bedaya Fund II
Shorooq Partners, an Abu Dhabi-based venture capital firm, is set to double down on its commitments in Saudi Arabia ......
TMT
MENA Digest: Agritech startups iyris, YoLa Fresh bag big cheques
The Middle East and North Africa (MENA) region saw a slew of growth-stage startup funding deals this week, led by ......
Economy
Saudi government files papers to sell fresh stake in Aramco for potential $13 bn
Saudi Arabia's government on Thursday filed papers to sell a new stake in state oil giant Aramco that could raise ......
Finance
Saudi PIF-backed Jada commits capital to healthcare-focused PE fund
Dubai- and Singapore-headquartered healthcare private equity firm TVM Capital Healthcare said on Tuesday it had raised ......
Manufacturing
Saudi Arabia plans $10-bn Aramco share sale
Saudi Arabia is planning a multi-billion-dollar share sale in energy giant Aramco as soon as June in what would be ......
TMT
MENA Digest: Egyptian startup OneOrder, Saudi SaaS firm Merit lead funding
Dealmaking in the Middle East and North Africa region during the week was propelled by high-value, growth-stage ......
TMT
IBM inks deal with Saudi to train AI system in Arabic, to unveil new models
International Business Machines on Tuesday said that it will release a family of artificial intelligence models as open-......
Finance
Saudi's SMASCO sets issue price for $240 mn IPO
Saudi Arabian staffing company SMASCO announced its final IPO price at 7.50 riyals per share via the Saudi Exchange on ......
TMT
Desert Venture acquires Saudi-based entertainment firm
The company behind Saudi Arabia's vast Qiddiya sports and entertainment complex near Riyadh will take over ......
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