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FinTech and e-commerce start-ups dominated Mena venture capital funding in first half

FinTech and e-commerce start-ups dominated Mena venture capital funding in first half
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Saudi startup ecosystem takes a huge leap

CAIRO: Saudi Arabia’s startup ecosystem took a giant leap in the world of funding and venture capital with seven investment firms earmarked $636 million to stimulate innovation and entrepreneurship in the Kingdom. The announcements were made during the LEAP2023 held in Riyadh last week. Saudi and regional venture capital firms launched massive funding programs to support ....

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Nana raises $133 million in a Series C round led by Kingdom Holding

Saudi Arabia-based dark store grocery delivery startup Nana, has raised $133 million in a Series C funding round led by Kingdom Holding. ....

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Billionaire Alwaleed's Kingdom Holding leads funding for Saudi delivery app Nana

Ther funding is now one of the largest investment rounds for Saudi startups ....

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Abdullah Kamel elected board chairman of Makkah Chamber of Commerce

RIYADH: The Makkah Chamber of Commerce has elected Abdullah Saleh Kamel as the new chairman of the Board of Directors for the 21st session. This comes after the full board was formed with the selection of six members, including two women, for the first time in the history of the Makkah Chamber of Commerce. In his speech to the members, as the chairman of the Board of Directors ....

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