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Startup Wrap — regional venture landscape kicks off 2024 with a flurry of deals

Startup Wrap — regional venture landscape kicks off 2024 with a flurry of deals
arabnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arabnews.com Daily Mail and Mail on Sunday newspapers.

Saudi health tech firm Clinicy secures Series A funding round

Saudi health tech firm Clinicy secures Series A funding round
arabnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arabnews.com Daily Mail and Mail on Sunday newspapers.

Residential Tower Apartment Rentals Lead Saudi Real Estate Activity

Due to their market value, apartment rentals in high-rise towers are leading Saudi Arabia’s residential real estate sector as the most profitable of real estate branches. According to experts, apartment rentals’ annual revenues exceed 12% of their total price. Apartment rental activity in residential towers has surpassed all other real estate activities in the local rental sector, said experts, revealing that the rent for these apartments can reach up to SAR 270,000 annually.

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