SAUDI ARABIA Archives

Saudi’s Infobrim Raises USD 3.5M to Scale AI Business Intelligence Platform

Infobrim Saudi-based Infobrim secured USD 3.5 million in its inaugural angel funding round. Founded in 2024, by Mohamed Obied and Sherif Sayed, Infobrim is an AI-powered business intelligence platform. It provides real-time dashboards and predictive...

by WAYA Staff - Mar 16, 2026

Markets

FRA Grants Lumin Soft Preliminary Approval to Join Regulatory Sandbox

Lumin Soft Egypt’s Financial Regulatory Authority (FRA) granted Lumin Soft preliminary approval to join the Regulatory Sandbox (FRA Sandbox). This...

by WAYA Staff - Mar 16, 2026

Startups

Wa’ed Ventures Invests in US-Based Resemble AI After USD 13M Round

Wa’ed Ventures Aramco’s VC Fund, Wa’ed Ventures, invested in California-based security startup Resemble AI. This comes after the startup closed...

by WAYA Staff - Mar 16, 2026

Startups

Saudi’s Infobrim Raises USD 3.5M to Scale AI Business Intelligence Platform

Infobrim Saudi-based Infobrim secured USD 3.5 million in its inaugural angel funding round. Founded in 2024, by Mohamed Obied and...

by WAYA Staff - Mar 16, 2026

Startups

Kudwa Raises USD 1.1M to Scale Financial Intelligence Platform

Kudwa Kudwa, an AI-powered finance intelligence platform, closed a USD 1.1M funding round. The round saw participation from UK-based 1818...

by WAYA Staff - Mar 16, 2026

Tech

AI Ambitions Trigger Job Cuts at Meta and xAI

xAI Elon Musk’s xAI and Meta are both navigating waves of job cuts as AI priorities collide with performance and...

by WAYA Staff - Mar 15, 2026

Startups

VMS Launches Cairo Accelerator Offering Up to USD 28.7K for Each Startup

VMS Value Makers Studio (VMS) launched VMS Accelerate in Egypt. It is a three-month accelerator designed to help high-potential startups...

by WAYA Staff - Mar 15, 2026

Startups

Uzum Raises USD 130M+ Led by Omani Sovereign Funds

Uzum Uzbekistan’s Uzum raised an investment exceeding USD 130 million, anchored by the sovereign entities of the Sultanate of Oman....

by WAYA Staff - Mar 15, 2026

Markets

F1 Faces USD 132M Loss as Regional Conflict Cancels Bahrain & Saudi Races

F1 Formula One (F1) has cancelled its Bahrain and Saudi Arabian races in April as regional tensions escalate and security...

by WAYA Staff - Mar 15, 2026

Markets

A Closer Look at MENA Tech IPOs

IPOs According to a report by MAGNiTT, public markets are where venture capital meets reality, and MENA technology IPOs are...

by WAYA Staff - Mar 15, 2026

Markets

Dubai Banks Go Remote Amid Regional Tensions

Dubai Banks Banks in Dubai have been stepping up precautions amid rising geopolitical tensions. This comes after Iran signaled that...

by WAYA Staff - Mar 12, 2026

SAUDI ARABIA

Saudi’s Infobrim Raises USD 3.5M to Scale AI Business Intelligence Platform

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