Accenture (NYSE: ACN) completed the acquisition of AppsPro, a Riyadh, Saudi Arabia-based Oracle Cloud implementation service provider.
Pure Harvest Smart Farms, an Abu Dhabi – United Arab Emirates-based company focused on sustainable technology-enabled agribusiness, raised USD64M in Growth funding.
Accenture (NYSE: ACN) is to acquire AppsPro, a Riyadh, Saudi Arabia-based Oracle Cloud implementation service provider.
Techstars and the Ministry of Communications and Information Technology of the Kingdom of Saudi Arabia have partnered to launch The Riyadh Techstars Accelerator.
500 Startups, one of the most active global early stage venture capital firms, has partnered with Sanabil Investments, a financial investment company focused on global private investments in venture capital, growth and small buyout, to launch the Sanabil 500 MENA Seed Accelerator Program in Riyadh.
FlexxPay, a fintech company focusing on employee benefit solutions, raised a pre-series A funding round of undisclosed amount.
HyperPay, a Riyadh, Saudi Arabia-based payment processing company, closed an 8-digit funding round.
Nala, a Riyadh, Saudi Arabia-based digital health service, raised $1m in its first financing.
Jollychic, a Chinese e-commerce platform focusing on the Middle East region, recently completed its US $65m (AED 238.5m) Series C+ funding round.
Public Investment Fund of Saudi Arabia has launched a SAR 4 billion fund of funds.
Starz Play, a Dubai, UAE- on-demand video streaming service, announced a new multi-million dollar funding investment.
SoftBank Group Corp. is to form a private fund for making investments in the technology sector globally.
The massive $3.5 billion investment in mobile black cab hailing service Uber made by the Public Innovation Fund of Saudi Arabia sparked comments by analysts worldwide about the interest of the Kingdom for technology companies.
Nomadd (NO-water Mechanical Automated Dusting Device), a Thuwal, Saudi Arabia-based startup developing a smart and ecological desert solar panel cleaning system, recently closed a $1m Series A funding.