Tag: investment
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Saudi issues rules regulating ‘Buy Now Pay Later’ companies
Saudi Arabia
The Saudi Central Bank (SAMA) has issued “Rules for regulating buy now pay later (BNPL) companies”, as part of its role in supervising...
Lendo Secures $28M in Series B Funding Led by Sanabil Investments, Gears Up for IPO
Saudi Arabia
Lendo, a Saudi Arabia-based shariah-compliant debt crowdfunding marketplace, has raised SAR 105 million ($28 million) in Series B funding led by Sanabil...
Southeast Asia Tech Sector Faces Funding Challenges with a 65% Drop to $4.3 Billion in 2023, Reports Tracxn
Singapore
The Southeast Asia (SEA) Tech sector witnessed a substantial 65% plunge in funding, totaling $4.3 billion year-to-date in 2023, according to Tracxn's latest report,...
Pakistan Launches Ambitious Sovereign Venture Capital Fund to Revitalize Startup Ecosystem
Pakistan
To invigorate Pakistan's startup landscape, Umar Saif, Pakistan's interim Minister for Information Technology and Telecommunications, has announced the launch of an ambitious sovereign venture...
Empowering Oman’s Startup Ecosystem: Promising Omani Startups Forum Unveils Vision and Initiatives
Oman
Under the distinguished patronage of H H Sayyid Bilarab bin Haitham al Said, Honorary Chairman of the Promising Omani Startups Programme, the Promising Omani...
