Some 119 fintech startups across the Middle East and North Africa raised $700 million in 2024, accounting for 30% of the total MENA startup funding for last year.
UAE, Egypt, Saudi Arabia finance startups lead Forbes Middle East Fintech50
Some 119 fintech startups across the Middle East and North Africa raised $700 million in 2024, accounting for 30% of the total MENA startup funding for last year.
L&T and Lantania to construct desalination plant in Saudi Arabia
The contract includes the design, construction, testing, and commissioning of a seawater reverse osmosis desalination plant.
GCC Data Center Market Investment Analysis Report 2025-2030: Saudi Arabia and UAE Drive GCC Data Center Boom with $9.49 Billion Market by 2030
The GCC data center market is set to grow from $3.48 billion in 2024 to $9.49 billion by 2030, driven by cloud computing, AI demand, and Vision 2030 initiatives in Saudi Arabia and UAE. Leading …
GCC Data Center Market Investment Analysis Report 2025-2030: Saudi Arabia and UAE Drive GCC Data Center Boom with $9.49 Billion Market by 2030
The GCC data center market is set to grow from $3.48 billion in 2024 to $9.49 billion by 2030, driven by cloud computing, AI demand, and Vision 2030 initiatives in Saudi Arabia and UAE. Leading …
Pokemon Go maker Niantic to sell game division to Saudi-owned Scopely for $3.5B
Niantic Labs said it would sell its video game (Pokemon Go) business to Scopely, which is owned by Saudi Arabia, for $3.5 billion to focus on geospatial technology.
US-Ukraine negotiations in Saudi Arabia spark ceasefire hope
Are the negotiation agreements between the USA and Ukraine, which took place on Tuesday in Saudi Arabia, a first step towards peace in Ukraine? – If Putin does not cease his aggression, there will be …
Baghdad-Based Digital Zone Considers Expansion Beyond Iraqi Market
Baghdad-based Digital Zone, acquired by Qi Group in January 2025, is exploring expansion into GCC countries, focusing on Saudi Arabia. The …
Islamic finance contracts grow to SAR 2.38T in Q3 2024: SAMA
Shariah-compliant finance contracts in Saudi Arabia rose by 11% year-on-year (YoY) to SAR 2.38 trillion by the end of Q3 2024, data from the Saudi Cen …
Saudi residential real estate to attract $1.22 billion this year, consultancy says
Private buyers in Saudi Arabia are expected to spend $1.22 billion in the country’s residential market this year, property consultant Knight Frank said in a report on Tuesday, with NEOM being the most …