Funding

Egypt-based Fintech Masroofi Raises $1.5 million

Egypt Masroofi, an Egyptian financial technology startup, has recently achieved a major milestone by concluding a successful financing round, securing an impressive $1.5 million from...

Events Investment Fund acquires stake in strategic live events joint venture Tahaluf

Saudi Arabia Events Investment Fund (EIF) has acquired a stake in Tahaluf, the Saudi Arabian large-scale live events company created through a strategic joint...

Saudi Fund for Development signs a $10mln loan agreement to construct business incubation centers in the Bahamas

Saudi Arabia/Bahamas The Saudi Fund for Development (SFD) Chief Executive Officer, H.E. Sultan Al-Marshad, signed the first development loan agreement worth $10 million in SFD’s...

Scalo Technologies leads $3.5 million round for gaming startup Hexacore

UAE Dubai-based tech venture company, Scalo Technologies, has led a $3.5 million investment round for Hexacore, a mobile game publisher specialising in hybrid mobile web3...

UAE based Tenderd raises investment from Aramco’s Wa’ed

UAE/Saudi Arabia Wa’ed Ventures, the Kingdom-based venture capital arm of Aramco, announced a strategic investment in Tenderd, a startup specializing in AI-enabled technologies for real-time...

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