The powers in Saudi Arabia have recently announced they have established a bank for the small and medium enterprises in the country. They made the announcement during the weekly meeting of the cabinet, which is where the elected officials in Saudi Arabia discuss developments on a regional, global, and...
The Saudi-Arabian accounting and e-invoicing platform VoM has seen their latest funding round come to an end, and secured a tidy profit of $670,000 in the process. Angel investors have allowed the company to close their latest round of Pre-Seed funding, which means that the cloud-based company can focus...
A tech start-up based in Riyadh, Azom, which designs, develops, and sells computer software and electronics, has raised a Series A funding round worth $9.5M (36M Saudi riyal), from Assr AlJawal and an anonymous individual investor.
Azom was established to develop and provide electronics and technologies such as phones and other...
It is always sad to see whole families forced to leave their houses and roots to strange lands due to wars and disasters. Yet, despite the obvious hardships and upheaval that comes with being a refugee, some have overcome the challenges of their situations and have created platforms, structures...
Iranian start-ups have certainly endured a difficult time with 4 years of sanctions, currency devaluations, economic problems and COVID-19. Some companies still operating and thriving in the digital ecosystem founded by women worth noting.
Takhfifan
This start-up initially started as a clone of Groupon and over time has come to it’s...
Starting a company is an exciting time and for those in UAE, the chance to have your own start-up is remarkably high. Hundreds of start-ups are started each year in the Emirates. UAE actually leads Singapore, Norway, Japan, Sweden, Germany, and New Zealand in how many start-ups find life...
Artificial Intelligence (AI) is rapidly becoming one of the dominant forms of technology in the world. So it shouldn’t come as a massive surprise that Hazen.ai, a company which specializes in creating intelligent traffic technology which utilizes AI to improve safety on the roads has gotten more investment in...
For the company North Ladder, known to some as BuyBack Bazaar, business is booming. The company has recently secured a $5M Series A funding round, led primarily by their new friends at BECO Capital. North Ladder, a secure trading platform based in the UAE, provides users with instantaneous access...
Beginning a start-up company presents challenges, even in normal circumstances, but in 2020, and now in 2021, start-ups across the globe are suffering financially due to the effects of the Covid-19 pandemic.
Within the UAE, many small businesses have already folded, have been put on hold or are struggling to...
Start-ups can be defined as companies or businesses that focus on one single product or service with the hopes of introducing it to the market. A start-up can be individually owned, or two or more investors can be its founder.
The greatest challenge that most start-up businesses face is finding investors willing to...
