Saudi Arabia: Page 8

Entrepreneurs

Saudi Tech Startup Lucidya Raises US$6 Million To Fund Its Expansion Across The MENA Region

The startup aims to provide its products to businesses in other Arab countries who face the same challenges that customers in Saudi face, which is the ability to analyze Arabic content in online channels.

Entrepreneurs

Strategy Bites: Hani Weiss, CEO, Majid Al Futtaim Retail

Hani Weiss, CEO of Majid Al Futtaim Retail, on how the enterprise has supported modernizing the retail sector and building KSA's digital infrastructure.

Entrepreneurs

KSA-Headquartered Foodics Acquires Jordan-Based POSRocket To Become The Leading Restaurant Tech Provider In The MENA

Foodics' acquisition is a strategic move that will help solidify its position and become the market leader in Egypt, Kuwait, Oman and Jordan, while also opening the possibilities for further M&A activities and international expansion.

Starting a Business

2021, The Year That Was: Salwa Radwi, Founder, Nuqtah

Having recently closed a pre-seed round led by Shorooq Partners, Nuqtah, which was also part of the Sanabil 500 MENA seed accelerator program, aims to be "the ultimate environment" for creatives in Saudi Arabia.

Growth Strategies

Strategy Bites: Jay Rosen, CFO, The Red Sea Development Company

Jay Rosen, CFO, The Red Sea Development Company, on leading the world's most ambitious regenerative tourism project based on the west coast of Saudi Arabia.

Finance

Entrepreneur Middle East and Fintech Saudi Release A Special Report On The Fintech Industry In Saudi Arabia

Powered by Fintech Saudi, the special report, An Ultimate Guide To Fintech In The Kingdom Of Saudi Arabia, uncovers first-mover advantage opportunities in the kingdom's fintech industry.

Finance

Saudi Aramco's Wa'ed And Raed Ventures Lead US$5.5 Million Seed Round Raised By Riyadh-Based Fintech Startup Lamaa

Lamaa, a Riyadh-based fintech startup, has raised a seed investment in a round led by Raed Ventures and Saudi Aramco's entrepreneurship arm Wa'ed.

Starting a Business

Dusting Away Challenges: KAUST-Based Talon Dust Control Is Looking To Become A Market Leader In Its Field In Saudi Arabia

Talon Dust Control's mission is simple: to negate the operational, maintenance as well as health-related challenges that arise due to poor industrial or on-site air quality.

Entrepreneurs

Driving Impact: How KAUST Innovation Ventures Is Spurring The Growth Of Saudi Arabia's Startup Ecosystem

The KAUST-based fund has supported around 71 startups and projects since its inception, and it is currently managing a growing portfolio of 27 startups, in which it has invested a total of US$27 million.

Growth Strategies

Strategy Bites: Muzzammil Ahussain, Executive Vice President - Consumer Travel, Seera Group

Seera Group's Muzzammil Ahussain delves into his company's journey, how his entity is embracing Vision 2030, and what it means to sustain international collaborations

News and Trends

Over SAR1.3 Billion Has Been Invested In Saudi Fintech Industry In The Last 12 Months, According To Recent Annual Report

The number of Saudi fintech entities operating in the Kingdom rose significantly by 37%, with investments exceeding SAR1.3 billion (US$347 million).

Finance

EFG Hermes Completes Successful Advisory Of ACWA Power's US$1.2 Billion Listing On Saudi Stock Exchange, Tadawul

EFG Hermes' Investment Banking Division closed a record eight transactions to date worth US$ 3.5 billion.

Entrepreneurs

Saudi Agtech Startup Red Sea Farms Is On A Mission To Enable MENA Farms To Grow Crops Using Saltwater

With a vision to reduce food insecurity, carbon, and freshwater use in the MENA region's food sector (and hopefully, across the world), Red Sea Farms develops sustainable, saltwater-based agriculture systems.

Entrepreneurs

We Got Funded: KSA Customer Engagement Platform Raises US$125 Million From SoftBank And Sanabil

Considered as the first investment by SoftBank in a Saudi startup, it's a commendable feat for the team and their efforts.

Entrepreneurs

TAQADAM Tales: Saudi Arabia-Based Miqyas Has Its Sights Set On Providing Online Sizing Options For Fashion E-Commerce Retailers

Built as a software as a service (SaaS) platform, Miqyas helps online fashion retailers precisely measure clothing sizes for customers.