Global Logistics Forum Archives

Deals Totaling USD 4.26B Revealed at Saudi Global Logistics Forum 2024

- The Global Logistics Forum 2024 in Riyadh concluded with over 65 agreements and memoranda of understanding signed, amounting to more than $4.26 billion....Read More

by WAYA Staff - Oct 16, 2024

Startups

Qatar’s ShipBee Raises USD 235K to Expand Logistics Platform

ShipBee What happened? Qatar-based logistics startup, ShipBee, secured USD 235 thousand (QAR 855K) in a pre-seed funding round. The round...

by WAYA Staff - Jun 4, 2025

Money

Climate Tech Startup Kumulus Water Raises USD 3.5M to Expand to Saudi

Kumulus Water What happened? Paris-based climate tech startup, Kumulus Water raised USD 3.5 million (EUR 3.1M) in seed funding. The...

by WAYA Staff - Jun 4, 2025

Startups

UAE’s EightClouds Raises USD 20M to Capitalize on Consumer Trends

EightClouds What happened? UAE investment firm, EightClouds, secured its targeted USD 20 million capital raise. The raise was originally structured...

by WAYA Staff - Jun 4, 2025

Real Estate

Nawy, SAFE, and Saqr Submit Requests to FRA to Launch Licensed Investment Funds

FRA The Financial Regulatory Authority (FRA) is enacting an ongoing effort as part to stabilize markets and protect stakeholders. Three...

by WAYA Staff - Jun 3, 2025

Tech

Elon Musk’s X Launches XChat to Compete with Meta

XChat What is happening? Elon Musk’s X is rolling out a new chat feature called XChat. It includes encryption described...

by WAYA Staff - Jun 3, 2025

Startups

India’s Snitch Raises USD 40M to Expand Menswear Brand into MENA

Indian D2C menswear brand plans MENA expansion and IPO push after rapid growth Snitch So what is happening? India’s menswear...

by WAYA Staff - Jun 3, 2025

Tech

Hajj in the Age of AI

Over the past few years, Saudi Arabia has ramped up its investment in artificial intelligence and smart technologies as part...

by WAYA Staff - Jun 2, 2025

Markets

Arab Fund’s SME Arm and Shorooq Expand Credit Access in MENA

The Arab Fund What is happening? The Arab Fund for Economic and Social Development is ramping up its support for...

by WAYA Staff - Jun 2, 2025

Startups

Khwarizmi Ventures Gears Up for USD 120M Fund to Back MENA Startups

Khwarizmi Ventures What happened? Saudi-based VC, Khwarizmi Ventures, plans up to USD 120 million fund to back early-stage startups across...

by WAYA Staff - Jun 2, 2025

Markets

Jordan Halts Foreign Worker Recruitment Pending Labor Market Review

Jordan What happened? Jordan’s Ministry of Labor has officially halted recruitment of foreign workers starting May 29. Moreover, this follows...

by WAYA Staff - Jun 1, 2025

Global Logistics Forum

Deals Totaling USD 4.26B Revealed at Saudi Global Logistics Forum 2024

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