Under the oversight of the Saudi Central Bank (SAMA), Saudi Payments reported the dispatch of Saudi Arabia's instant payment platform 'sarie' in collaboration with IBM and Mastercard and that makes it one of the fastest ways to make transactions in the region.
As of now, 'sarie' upholds all Saudi banks...
Snapp group, the popular Iranian ride hailing and online service super app in a surprising change in tactics has for the first time published statistics about it's business and app for the year 2020. The private held company had long kept it's data close to it's chest, disclosing some...
Sharjah-based startup Mughamer.com has recently announced that the primary site in the Middle East to work with sightseers and tourists curation of experience-filled adventures across several destinations like the UAE, Morocco, Brazil, and Comoros Island and it doesn't just stop there at this point.
The startup was helped to establish...
Jahez International, a leading Saudi-based food delivery and logistics platform, has announced a landmark agreement to acquire a 76.56% stake in Qatar's Snoonu for a staggering $245 million (SR 919 million). This strategic move, disclosed on the Saudi stock exchange, marks a significant consolidation in the GCC's rapidly evolving...
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...
Dubai’s Citron was founded by Sara Chemmaa back in 2017 right after she found out about a need for leakproof and fashionable lunchboxes in the market. The brand has already grown by including over 90 products in its name and that’s not all. They’ve launched products ranging from sustainable,...
It’s been four months since Falak Investment Hub, the Saudi-based startup has accepted the application of eight of the most popular tech startups within the MENA regions into their acceleration program. The program consists of three new companies from Egypt along with three from KSA, and one each in...
The MCIT aka Saudi Arabia's Ministry of Communications and Information Technology has teamed up with the Raed Ventures Investment Fund for the Riyadh Techstars Accelerator program. The program was established back in May and will proceed in the same region for about 4 months. The Riyadh Techstars Accelerator program...
The popular stock analysis platform from Saudi Arabia, National Building and Marketing aka NBM has gained a 9% stake in DIGGIPACKS and that's not all. DIGGIPACKS is a Delivery and Logistics startup situated in the Kingdom and operates there as well. The gets return off of a new $400K...
Koinz develops technological tools to help assist different sizes of restaurants in the Middle East to speedily increase profit via rewarding, meaningful, and interactions with their customer base that is data-driven.
The tool enables restaurants to reach new customers that make use of its mobile application for delivery and takeout...
