The Micro, Small and Medium Enterprises Development Agency (MSMEDA) has awarded classification certificates to 25 innovative projects, out of a total of 61 companies that have been officially approved since the launch
SIC has announced a strategic investment in Khwarizmi Ventures Fund II, aiming to support industrial innovation and strengthen the venture capital ecosystem across Saudi Arabia and the Gulf region. The partnership is
Lebanese Angel Investor Network (LAIN) has officially launched and opened investor commitments, following strong interest from Lebanon’s startup and investment ecosystem. The launch event featured remarks from Kamal Shehadi, who highlighted MITAI
Stitch, headquartered in Riyadh, has raised $25 million in a Series A funding round led by Andreessen Horowitz (a16z), marking the firm’s first investment in the Gulf region and bringing Stitch’s total
Ray, the Dubai-based powerbank-sharing platform, has acquired assets of JetCharge as part of its strategy to strengthen its position in the UAE’s growing powerbank-sharing market. The acquisition includes JetCharge’s hardware infrastructure, location
Saudi Research and Media Group SRMG announced that its fully owned subsidiary Arabian Media Services Company has entered into an agreement with partners in Thmanyah Publishing and Distribution to increase its ownership
Snoonu has announced an investment in HASIF, a fintech startup specializing in accounting and financial compliance solutions, as part of its Startup Factory initiative aimed at supporting early-stage founders and strengthening Qatar’s
The Micro, Small and Medium Enterprise Development Agency “MSMEDA “, headed by Bassel Rahmy, will take part in the 9th edition of The Marketers League conference, held under the theme “The Board
Bassel Rahmy, CEO of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), announced the agency’s strong interest in youth-led initiatives aimed at promoting a culture of freelance work and empowering entrepreneurs,
Cycle X has secured first place in the Climate Leaders Program, an initiative by YLF, following strong competition that included more than 450 startups working in climate and sustainability sectors. The achievement
