SAUDI ARABIA Archives

Saudi Gaming Studio Sheba Joy Secures USD 293K from Merak Capital

Sheba Joy Riyadh-headquartered gaming studio, Sheba Joy, raised USD 293 thousand (SAR 1.1M) in a pre-seed round. The round was led by Saudi venture capital firm Merak Capital. Founded in 2021 in Dubai, Sheba Joy...

by WAYA Staff - Aug 27, 2025

Startups

India’s TransBnk Raises USD 25M to Expand to the Middle East

TransBnk India’s banking infrastructure startup, TransBnk raised USD 25 million in a Series B funding round led by Bessemer Venture...

by WAYA Staff - Sep 1, 2025

Money

Majid Al Futtaim to Inject USD 39M in Egypt Targeting 300 Stores in 5 Years

Majid Al Futtaim Majid Al Futtaim intends to allocate USD 39 million (EGP 1.9B) in investments during 2025. This was...

by WAYA Staff - Sep 1, 2025

Startups

UAE’s Seraya Raises USD 1.8M to Scale Premium Short-Term Rentals

Seraya Dubai-based hospitality startup, Seraya, raised USD 1.8 million in seed funding. The round was led by a KSA-based family...

by WAYA Staff - Sep 1, 2025

Reports

Transport: The Economy’s Real Growth Engine

Transportation Without transport, and its proper infrastructure, often economic growth is stifled. The World Bank emphasizes that access to transport...

by WAYA Staff - Aug 31, 2025