– SAUDI ARABIA, Jeddah – Saee, a Jeddah-based startup providing last-mile delivery through freelancers, today announced the company has raised $2.4 million in a Series A funding round led by Saudi Arabia-based Business Incubators and Accelerators Company (BIAC) and joined by TasHeel Holding and ABN Ventures to fuel local expansion.…
– SAUDI ARABIA, Jeddah – Dokkan Afkar, the Saudi Arabian e-commerce website dedicated to selling homegrown and innovative gadgets, gizmos and gifts, today announced it has closed a 19 million Saudi Riyal Series B funding round led by the Business Incubators and Accelerators Company (BIAC) and joined by existing investor Riyad TAQNIA Fund; the Saudi Venture Capital Company (SVC); and a number of local investors, most notably Mishal Ali Reda, who has now invested in the startup for its third round of funding in a row.…
– SAUDI ARABIA, Thuwal – UnitX, an artificial intelligence and supercomputing startup spin-out company from King Abdullah University of Science and Technology, and a barrier-breaking cloud-based supercomputing provider that helps enterprises deploy AI at scale, has secured USD $2 Million of co-investment from the KAUST Innovation Fund and Saudi Aramco’s Wa’ed Ventures fund.…
– SAUDI ARABIA / KUWAIT – Zain has named telecoms veteran Peter Kaliaropoulos as CEO of its Saudi Arabia unit, replacing Hassan Kabbani, who has stepped down for personal reasons.…
– SAUDI ARABIA – Gulf Finance Saudi Arabia announces appointment of Thamer A.…
