Want to list your start-up? Fill in the application form
Reachware Raises $3 Million in Seed Round to Transform Business Automation in Saudi Arabia
In the heart of Saudi Arabia In the heart of Saudi Arabia’s booming tech scene, Reachware, a cutting-edge SaaS provider, has just secured $3 million in Seed funding. Led by Sadu Capital, the investment underscores the startup’s potential to revolutionize business automation and system integration across the MENA region. With contributions from 500 Sanabil Investments and Elm Company, Reachware is […]
MENA Startups Raise $83 Million in August 2024 Amid Slowing Investment Trends
MENA MARKET As the summer draws to a close, the once-thriving startup scene in the Middle East and North Africa (MENA) region seems to be cooling down. In August 2024, startups across the region raised $83 million in 30 funding rounds. This represents a sharp decline of 76% from July’s impressive $355 million. Additionally, compared to the same period last […]
How Updapt and Maryam Telmesani Are Leading the ESG Tech Revolution
Introduction: Saudi Arabia’s ESG Momentum In Saudi Arabia and beyond, environmental, social, and governance (ESG) concerns have become an essential business priority. With the world moving towards sustainable growth, enterprises are now held to a higher standard—demanding transparency, accountability, and sustainable practices. Enter Updapt, a game-changing ESG Tech company that’s helping enterprises digitally track and monitor their ESG data lifecycle. […]
EDGNEX Data Centers By DAMAC: Hussain Sajwani USD 1 billion Global and Saudi Vision 2030 Projects
Hussain Sajwani, founder of DAMAC Group, has embarked on a USD $1 billion project in Saudi Arabia, expanding DAMAC Data Centres’ investments from Saudi Arabia to key emerging economies globally. The massive initiative focuses on building 55MW of data center capacity by 2025 in Riyadh and Dammam, supporting cloud providers, hyperscalers, and local enterprises. DAMAC is also investing in Bangkok […]
Citi’s New Report on AI in Finance: How Artificial Intelligence is Shaping the Future of Banking
The AI Revolution in Finance The financial industry is on the brink of a transformative shift, driven by the integration of artificial intelligence (AI) into everyday banking operations. With AI’s potential to optimize decision-making, streamline operations, and personalize services, it’s no wonder the global financial sector is paying close attention. Recently, Citi’s Global Perspectives and Solutions (GPS) published a groundbreaking […]
