An article by Anil Kumar, country head for KSA at TASC Outsourcing The Saudi government has put a comprehensive Saudization policy in place to increase the number of nationals in…

Saudi Arabia-based fintech Tabby has raised $160 million in a Series E financing round at a $3.3 billion valuation. The round was led by existing investors Blue Pool Capital and…

Saudi Arabia-based fintech RasMal has closed a $4.8 million pre-Series A investment round led by Syndicate Element Holding Group (SHG). Founded in 2019 by Basil Alkuraya and Nasser Al-Tamimi, RasMal…

Saudi Arabia-based logistics startup PIESHIP has closed its seed funding round of $2.1 million, led by Nama Ventures, with participation from SEEDRA Ventures and angel investors. Founded in 2023 by…

Saudi Arabia-based contech Buildnow has closed a $9.7 million funding round, led by STV and Arbah Capital, with additional funding from a mix of debt financing, reinforcing the company’s expansion…

UK-founded UAE-HQ Insurtech startup AppliedAI has raised $55 million in a Series A funding round at a pre-investment valuation of $300 million. The round is led by G42, with participation…

Saudi Arabia-based LAHINT e-services platform has closed a $1 million pre-seed funding round from undisclosed investors. Founded in 2023 by Ahmed Saber and Mohamed Ibrahim, LAHINT automates governmental services for…

US-based AI and SaaS provider Salesforce has announced plans to invest $500 million in the Kingdom of Saudi Arabia, building on its commitment to innovation and economic growth in the region.…

Egypt-born and Saudi Arabia-HQ social e-commerce platform Taager has completed a $6.75 million pre-Series B funding round, led by Africa-focused tech growth fund Norrsken22. Founded in 2019 by Abdelrahman Sherief, Ahmed…

Press release: Penny Software, the digital procurement software, has signed a partnership with the National Housing Company (NHC) to develop SupplyPro, an innovative procurement platform tailored for the NHC housing…