Get the Kingdom's essential business and market news — delivered as it happens. Free.
Explore Saudi Arabia’s growing venture capital ecosystem. This section covers startup investments, early-stage funding rounds, and VC firm activity fueling innovation across sectors. Track government-backed initiatives, international partnerships, and new funds that support Saudi entrepreneurs and position the Kingdom as a regional hub for startup growth under Vision 2030.
Riyadh, Saudi Arabia — Al‑Futtaim Retail has agreed to acquire a 49.95% stake in Cenomi Retail for SAR 2.522 billion, according to…
Industry
Riyadh, Saudi Arabia — Saudi Arabia’s National Industrial Development and Logistics Program (NIDLP) contributed SAR 986 billion to non-oil GDP…
Riyadh, Saudi Arabia — Elon Musk’s artificial intelligence venture, xAI, is in active discussions to lease data center capacity in…
Riyadh, Saudi Arabia — Saudi Arabia solidified its MENA venture capital lead with SAR 3.2 billion ($860 million) invested in…
SPA — Under the patronage of the Minister of Environment, Water and Agriculture, Eng. Abdulrahman Al-Fadli, the Agricultural Development Fund…
Bloomberg — Tali Ventures, the venture capital arm of STC Group, has taken a minority stake in Tarmeez Capital, a…
Riyadh, Saudi Arabia — Jadwa Investment has completed a $45 million Jadwa PetroApp investment to support the Saudi fuel management…
Creative Industries
Paris, France — The Saudi Fashion Commission returns to Paris Fashion Week with its flagship 100 Saudi Brands Paris Fashion…
Riyadh, Saudi Arabia — Saudi Arabia has marked a significant achievement in its entrepreneurial journey. Riyadh climbed 60 ranks to…
Le Bourget, France — AviLease, a Saudi Public Investment Fund (PIF)-owned aircraft lessor, has announced an agreement with Airbus to…