Gulf Islamic Investments (GII), a UAE-based alternative investment firm, has raised $100 million in new growth capital. This funding aims to expand private equity (PE) opportunities in Saudi Arabia and the wider GCC region. Contributors include the Al Nahdi family...
UAE-based automotive SaaS company Seez has secured a $4.2 million investment to fuel its expansion into the US market. This funding enables Seez to enhance its AI solutions and strengthen its presence in one of the world’s most dynamic automotive markets. With the US...
As technology continues to evolve, Saudi Arabia is, without a doubt, taking bold steps to modernize religious pilgrimages. In fact, Riyadh-based fintech startup UmrahCash has just secured a $500,000 investment from Adaverse, which marks a significant step in enhancing...
Waad Investment, a pioneering venture capital firm, has launched with a focus on empowering growth-stage startups in Saudi Arabia. The firm aims to bridge the financial gap faced by many startups and provide comprehensive support, including investment, mentorship, and...
Riyadh, Saudi Arabia – Mithu, an innovative loyalty platform aggregator, has recently announced a significant milestone. Specifically, they secured a $500,000 pre-seed investment from Adaverse, a leading Web3 venture builder. This crucial funding will accelerate...
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