TechCrunch

AUGUST 9, 2022

Convertedin , an Egyptian startup that operates a marketing operating system for e-commerce brands, has raised $3 million in a seed round led by Saudi Arabia-headquartered Merak Capital. The three-year-old Egypt-headquartered company also has offices in Saudi Arabia and Brazil; it just recently opened one in the latter.

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TechCrunch

DECEMBER 4, 2022

The startup has also expanded to Saudi Arabia, where it will be headquartered henceforth, after raising $1.2 This latest round had the participation of Launch Africa VC, 500 Global, Riyadh Angels, Alex Angels, Al Tuwaijri Fund and Saudi angel investor Faisal AlAbdulsalam. million seed funding.

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TechCrunch

OCTOBER 25, 2023

has scored $100 million from Neom, Saudi Arabia’s futuristic city and development project. As part of the deal, the two plan to establish a joint venture to develop, manufacture and deploy autonomous vehicles and smart infrastructure in Neom and key markets in the Middle East North Africa region.

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TechCrunch

AUGUST 29, 2022

The company, founded by Manar Mahmassani, Rami Tabbara, and Ricardo Brizido in 2020, has raised $8 million in a pre-Series A round from investors like BY Ventures, MEVP, and Vivium Holdings to expand its portfolio and launch in Saudi Arabia and Egypt. The company first raised a $4 million seed round last year. with an additional 0.5%

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The Verge

NOVEMBER 16, 2021

Lucid Motors’ market capitalization passed Ford’s on Tuesday, one day after the startup reported its first quarterly financial results as a publicly traded company and just a few weeks after it started shipping its luxury electric sedan, the Air. Today, at least, the market treated that to-do list as pretty much pure upside.

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TechCrunch

MARCH 6, 2022

Its two main markets are Saudi Arabia and the UAE. Arab said Saudi Arabia commands the lion’s share of the company’s transaction volume, driven by solid consumer adoption and increasing online transactions. Dubai-based buy now, pay later platform tabby raises $50M at $300M valuation. The company has over 1.1

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TechNode

NOVEMBER 14, 2024

Dingdong Maicai, a New York-listed Chinese e-commerce company specializing in fresh groceries, has officially launched its international expansion with Saudi Arabia as its first overseas market. Some roles are based in Riyadh, the capital of Saudi Arabia. Sina.com, in Chinese ]

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TechCrunch

FEBRUARY 7, 2023

Following this growth, it is planning on expanding to Egypt and the UAE, while doubling down on Saudi Arabia, against the backdrop of $5 million pre-Series A funding it has raised, in a round led by Europe-based VC Speedinvest, which marked its debut into Saudi Arabia, and RAED Ventures, with participation from MENA focused VC firm Wamda Capital. “We

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TechCrunch

DECEMBER 8, 2021

TechCrunch gathered that Opontia has somewhat switched focus on its target market. Though it launched with eyes on the Middle East and Africa, the company has only made efforts in some parts of the former (the UAE and Saudi Arabia) while making significant headway into Central and Eastern Europe, particularly Turkey and Poland.

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TechCrunch

DECEMBER 8, 2020

The round also saw participation from Saudi Aramco Energy Ventures and Hewlett Packard Enterprise, as well as return investors Allegis Cyber, Canaan Partners, DataTribe, Energy Impact Partners and Schweitzer Engineering Labs. Lee said the company’s priority had been to work on its threat platform, and less selling it.

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The Verge

JULY 26, 2021

Shares of the Saudi-owned , California-based startup began trading on the Nasdaq stock exchange Monday morning. Lucid Motors will now turn its full attention back to an even taller task: getting its first electric car on the road, where it will face stiff competition in the luxury market from Tesla , Mercedes-Benz , and others.

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TechCrunch

AUGUST 23, 2022

Dubai-based Zywa, a neobank for Gen Z, plans to fuel its growth in the United Arabs Emirates (U.A.E), and to kick-start its expansion to Saudi Arabia and Egypt after raising $3 million seed funding at over $30 million (110 million AED) valuation. The new funding follows the $1 million pre-seed backing it secured in February this year.

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TechCrunch

APRIL 17, 2023

How it works is by engaging remote talent from emerging markets which can now (because of the acceptance of remote working, post-pandemic) participate in much higher value roles in finance, strategy, and public policy. It’s now set to launch in Riyadh, Saudi Arabia and Lagos, Nigeria next month.

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TechCrunch

MAY 24, 2021

The funding is coming at a high-watermark moment for edtech — with the shift to remote learning in the last year of pandemic living highlighting the opportunity to build better tools to serve that market, and a number of startups in the category subsequently raising hundreds of millions of dollars to tackle the opportunity.

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TechCrunch

JULY 28, 2021

The trio started the company as a bus-hailing service in Egypt and other ride-sharing services in emerging markets with fragmented public transportation. After its Egypt launch, Swvl expanded to Kenya, Pakistan, Jordan and Saudi Arabia. Swvl offerings have expanded beyond bus-hailing services.

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TechNode

MAY 8, 2024

Chinese food delivery giant Meituans Hong Kong-focused platform KeeTa led the territorys food delivery market in terms of order volume in March, with its 44% share of total orders surpassing rival Foodpanda for the first time, according to data from third-party analysis platform Measurable AI. Caixin, in Chinese ]

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TechCrunch

DECEMBER 9, 2021

But there’s a little twist to Sympl’s offerings which the founders made in a bid to localize its product for the Egyptian market. Saudi Arabia. . “It It is one of the most vibrant markets and populous markets and has similar demographics and consumer behaviour. The most likely destination?

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TechCrunch

NOVEMBER 15, 2021

Micro and small businesses in emerging markets still struggle to access digital payments for several reasons. This suite of services is essential in the primary markets in which Nomod is aiming to build a significant merchant base, like Saudi Arabia, the UAE and Bangladesh.

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TechCrunch

OCTOBER 7, 2021

By leveraging this investment, we will capture broader Japanese market opportunities. This acquisition is the first step in an inorganic strategy to ultimately apply Riiid’s AI technology to the global market and help more learners around the world.” . The company expects to address local remote learning and education in the market.

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TechCrunch

OCTOBER 19, 2022

The moves signaled MaxAB’s ambition to dominate Egypt’s and North Africa’s B2B retail and e-commerce market, which includes Cartona and the troubled Capiter , other players that have raised significant capital to compete within the past year.

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TechNode

MAY 30, 2024

On Wednesday, Chinese PC maker Lenovo announced a strategic partnership with Alat, a subsidiary under Saudi Arabia’s Public Investment Fund (PIF) focused on transformative technology investments and sustainable manufacturing, with Alat proposing a $2 billion zero coupon convertible bonds investment in Lenovo.

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TechCrunch

FEBRUARY 3, 2022

the corporate spend space is getting increasingly competitive, with several startups clamoring to gain market share. But in the Middle East, the market is far less crowded. That has accelerated card acceptance –– with 90% card acceptance rates in the UAE and Saudi Arabia by some estimates — in the region.

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The Verge

OCTOBER 15, 2021

A Saudi human rights activist has filed a lawsuit against Twitter, alleging that the company hired two people who spied on behalf of the government of Saudi Arabia and accessed his personal information. Illustration by Alex Castro / The Verge. Twitter declined to comment Friday.

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TechCrunch

OCTOBER 12, 2022

Recent research suggests that the e-commerce market in Saudi Arabia, UAE and Egypt account for a combined $21.4 The company aims to solidify its presence in Saudi Arabia, the UAE and Egypt by offering e-commerce businesses the ability to scale their inventory and digital ads now, while flexibly paying later.

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TechCrunch

MARCH 8, 2021

Koinz charges subscriptions to the brands for its engagement and feedback platform and collects commission whenever an order is made via its platform, which varies across its markets. Since launching in Egypt, Koinz has expanded to Saudi Arabia and the UAE. Like Egypt, these markets have similar dynamics and demographics.

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TechNode

SEPTEMBER 5, 2023

Huawei Technologies has inaugurated a cloud data center in Riyadh, the capital of Saudi Arabia, according to a September 4 report by Reuters. In the global cloud services market for the first quarter, Huawei held the fifth position with a 2.4% market share, according to Reuters, citing data from research consultancy Canalys.

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Medium Technology Section

APRIL 10, 2025

Don’t Just Use Canva—Master It Whether you're running an agency in Dubai, coaching clients in Riyadh, or managing a side hustle in… Continue reading on Medium

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TechCrunch

MAY 17, 2021

Speaking on the investment, Fawaz H Zu’bi said in a statement: “E-commerce has always had amazing potential in our region but was always being held back by something whether payments, logistics, market fragmentation, or customer adoption. And to be a market leader when it comes to e-commerce on the continent and be profitable.

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TechCrunch

DECEMBER 5, 2022

We are exploring Saudi Arabia and expanding south into our continent. I think Africa has a lot of markets that feel the same pain points that Egypt does,” said OneOrder co-founder and CEO, Tamer Ame r, who co-founded OneOrder with Karim Maurice (CTO), also founder Cube, an online restaurant-reservation service.

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TechNode

MAY 11, 2024

Chinas second-largest short video platform Kuaishou is planning to open an office in Riyadh, the capital of Saudi Arabia, soon, according to a report by the South China Morning Post quoting Kuaishous chief financial officer Jin Bing.

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TechCrunch

OCTOBER 31, 2021

The idea behind such a daring move — which appears to be a bit of a stretch considering the timeline — comes from the founders’ ambition to change an industry that has lagged behind other regions in the wider GCC, such as Saudi Arabia and the UAE, in terms of e-commerce penetration.

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TechNode

OCTOBER 30, 2023

Geely-affiliated Zeekr signed sales agreements with partners in UAE, Saudi Arabia, Qatar and Bahrain last month. The news comes months after rival BYDs compact crossover Atto 3 arrived in UAE via an alliance with local dealership Al-Futtaim in June. TechNode reporting , Caixin, in Chinese ]

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TechCrunch

FEBRUARY 6, 2023

The uptake of customer relationship management (CRM) tools has grown immensely over the last few years such that the market size is expected to experience a 12.5% The startup plans to grow this further by embarking on a marketing drive and setting up hubs in regions where its platform is on demand over the next one year.

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The Verge

JUNE 8, 2021

Other countries where Private Relay won’t be available include: Belarus, Colombia, Egypt, Kazakhstan, Saudi Arabia, South Africa, Turkmenistan, Uganda, and the Philippines.

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TechNode

APRIL 28, 2024

Chinas food delivery giant Meituan is hiring Arabic- and English-proficient talent for its likely entry into Riyadh, the capital of Saudi Arabia, as the company puts expansion beyond China on its agenda as domestic consumption falls.

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TechCrunch

MARCH 3, 2021

“We wanted them to focus on their products and marketing while leaving the supply chain and logistics bit to us, which we do through our end-to-end proprietary software.” And in a market that will likely see more competition in the next couple of years, Mossaad thinks Flextock has the opportunity to become the market leader.

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TechNode

JULY 31, 2023

GWM introduced the fuel-powered vehicle to Middle Eastern markets including the United Arab Emirates and Saudi Arabia earlier this year, while its SUV brand Haval entered the Kazakhstan market in 2021. a liter, is a welcome market for traditional SUVs.

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