Saudi Arabia: Page 10

Starting a Business

Onward And Upward: Monsha'at Governor H.E. Saleh bin Ibrahim Al-Rasheed On The Rising Trend Of Entrepreneurship In Saudi Arabia

"Monsha'at strives to diversify the funding sources for enterprises, support the initiatives within the venture capital sector, and develop policies and standards for funding small and medium projects."

News and Trends

Global Entrepreneurship Congress 2022 In Riyadh Sees Almost US$8 Billion In Investments Announced On Its Second Day

"GEC 2022 marks the entrepreneurial rise of the Middle East, and of Saudi Arabia's potential as an innovation hub for the region," said H.E. Saleh Ibrahim Alrasheed, Governor of Monsha'at.

Entrepreneurs

Jeddah-Based Midwam Offers A Fresh Take On Designing And Curating Unique Immersive Experiences

Founded in 2012, Midwam is a Jeddah-based immersive experience design company that specializes in designing and curating unique immersive experiences for organizations and institutions.

Entrepreneurs

Strategy Bites: Marwan Moukarzel, CEO, Alhokair Group Fashion Retail

"Alhokair is the only listed business of its type in the Middle East, and we currently represent around 85 brands, spanning from womenswear, menswear, kids and babies, department stores, shoes, and accessories, and a series of restaurants and quick service restaurants."

Entrepreneurs

Meet Three Of The Startups Presenting At The TAQADAM Accelerator Showcase 2022

Held as a live hybrid event on March 10, 2022, 10 startups will be vying for the US$100,000 cash prize up for grabs, as well as a $100,000 prize for an 11th startup selected by the online and in-person audience.

News and Trends

TAQADAM Startup Accelerator Showcase 2022 Set To Reward 11 Startups With US$100,000 In Funds On March 10, 2022

58 founders from 23 startups will showcase what they've been working on during the program to an audience of investors, business leaders and other entrepreneurs.

News and Trends

Saudi Arabia-Based Dammam Valley Launches BioTech Startups Program

Aimed at encouraging the establishment of more biotechnology startups in Saudi Arabia, BioTech Startups Program will also work towards fostering ties with other global startups.

News and Trends

KAUST's Ideation Challenge Sees Students Present Solutions To Tackle Issues Related To Water, Aviation, And The Hajj Experience

The participating students, from over 18 universities across Saudi Arabia, were also recent graduates of KAUST's latest online course Entrepreneurship Adventures.

Entrepreneurs

Saudi Digital Billboards Startup Override Paves The Way For Delivering Hyper-Targeted Advertisements

Using online targeting techniques, Override's algorithm can tailor a brand's message for the people that will most likely respond to it, whether they're on the road or stuck in traffic.

Finance

Aramco's Entrepreneurship Arm, Wa'ed, Increases Its Ticket Size To US$20 Million To Target Later Stage Funding Rounds

Wa'ed's decision to target later stage funding rounds is a result of 2021 having been a transformational year for the enterprise, said Managing Director Fahad Alidi.

Entrepreneurs

Saudi Tech Startup Lucidya Raises US$6 Million To Fund Its Expansion Across The MENA Region

The startup aims to provide its products to businesses in other Arab countries who face the same challenges that customers in Saudi face, which is the ability to analyze Arabic content in online channels.

Entrepreneurs

Strategy Bites: Hani Weiss, CEO, Majid Al Futtaim Retail

Hani Weiss, CEO of Majid Al Futtaim Retail, on how the enterprise has supported modernizing the retail sector and building KSA's digital infrastructure.

Entrepreneurs

KSA-Headquartered Foodics Acquires Jordan-Based POSRocket To Become The Leading Restaurant Tech Provider In The MENA

Foodics' acquisition is a strategic move that will help solidify its position and become the market leader in Egypt, Kuwait, Oman and Jordan, while also opening the possibilities for further M&A activities and international expansion.

Starting a Business

2021, The Year That Was: Salwa Radwi, Founder, Nuqtah

Having recently closed a pre-seed round led by Shorooq Partners, Nuqtah, which was also part of the Sanabil 500 MENA seed accelerator program, aims to be "the ultimate environment" for creatives in Saudi Arabia.

Growth Strategies

Strategy Bites: Jay Rosen, CFO, The Red Sea Development Company

Jay Rosen, CFO, The Red Sea Development Company, on leading the world's most ambitious regenerative tourism project based on the west coast of Saudi Arabia.