Startup Wrap – Saudi and Egyptian startups lead funding activity
Funding activity flourished in the Middle East and North Africa region, driven largely by Saudi and Egyptian startups. The region experienced a variety of funding rounds across diverse sectors, alongside […]
Saudi Arabia makes significant moves in semiconductor sector with strategic investments
Saudi Arabia is rapidly emerging as a key player in the global semiconductor industry, driven by ambitious initiatives aimed at establishing a strong foothold in this crucial sector. Semiconductors, which […]
Expat remittances from Saudi Arabia hits $3.2bn in June
Expatriate remittances from Saudi Arabia reached $3.2 billion in June, reflecting an annual increase of 11.32 percent, according to the latest data from the Saudi Central Bank, also known as […]
Saudi Arabia’s non-oil activities increase by 2.2% in June: GASTAT
Saudi Arabia’s non-oil activities saw a 2.2 percent increase in June compared to the previous month, signaling ongoing growth in the Kingdom’s efforts to diversify its economy. According to the […]