Saudi Arabia s Tabby secures $700m in debt financing and extends series D round to $250m 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.
Startup news and updates: daily roundup (July 19, 2023) yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.
Saudi-based Falak investment hub has emerged as a one-stop shop for startups providing business acceleration programmes, co-working space and Angel investments.
RIYADH: Investments in Saudi startups grew by 72 percent to a record high of SR3.701 billion ($987 million) in 2022, according to a report. According to the “2022 Saudi Arabia Venture Capital Report,” the Kingdom achieved the highest growth of venture capital funding among countries in the Middle East and North Africa.