Browsing: saudi arabia

Matbakhi, a Saudi foodtech startup, raises USD 2.3 million. Matbakhi aims to support F&B brands in creating chef-driven food concepts.

InvestSky aims to make investing “inclusive, intuitive, and informed”. Following a successful pre-seed round, the UAE company is launching its platform.

SALIC and Olam Group will support Olam Agri’s entry into Middle Eastern markets.

MENA startups have raised USD 646 million over 69 deals in October, taking 2022’s total raised to USD 3 billion over 551 deals, according to a report by Wamda and Digital Digest.

South Africa and Saudi Arabia sign MoUs to increase investment in energy, water, green hydrogen, waste diversion, and logistics.

MENA startups raised USD 173 million last month as investment levels continue to fall in 2022, according to WAMDA and Digital Digest.

Elevatus raises funds with support from Global Ventures, Wa’ed Ventures and the Oman Technology Fund Venture.

erad, a Saudi-based fintech, gains support from regional investors to provide growth capital for regional online businesses.

ACWA Power will seek to expand its desalination projects across the region, with Egypt and Morocco seen as having high potential.

“RIA” is intended to compete against large Gulf carriers and to support Saudi’s tourism and passenger transfer drive.