TechCrunch

NOVEMBER 29, 2021

YallaMarket, a Dubai-based quick-commerce startup, is planning to expand within the United Arab Emirates (U.A.E), and to enter Saudi Arabia and Qatar next year, to tap the appetite for speedy and convenient grocery shopping. The startup, which was formally launched last month, is expanding in the U.A.E

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TechSpot

MARCH 14, 2022

Sources recently told the Wall Street Journal that the Saudi government is negotiating with electronics supplier Foxconn for a new $9 billion factory in its planned future city of Neom. The factory would be for semiconductors, displays, EV components, and surface-mount technology.

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TechCrunch

DECEMBER 18, 2023

Tamara, a buy now pay later platform for consumers in Saudi Arabia and the wider GCC region, has raised $340 million in a financing round that values the fintech at $1 billion.

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TechNode

DECEMBER 17, 2024

Meituan, Chinas largest food delivery and quick commerce platform, is expanding its footprint in Saudi Arabia after entering the market in September under its overseas brand, Keeta. 36Kr, in Chinese ]

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TechNode

SEPTEMBER 10, 2024

Meituan officially brought its food delivery service to Saudi Arabia under the name KeeTa on Monday, beginning its expansion outside China as domestic growth slowed. KeeTa is expected to compete with food delivery giant Delivery Hero-owned HungerStation and local company Jahez in the Saudi Arabian market.

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TechSpot

JANUARY 6, 2023

An investigation by parent body Wikimedia discovered that the Saudi government deployed a number of its citizens, some of them by force, to act as agents in the infiltration of Wikipedia. Wikimedia's investigation revealed that the Saudi government had infiltrated the highest ranks in Wikipedia's team in the region," Democracy.

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Digital Trends

MARCH 27, 2022

Want to watch the Saudi Arabia GP later today? Here's how to watch the free Saudi Arabia GP live stream from anywhere. The race starts at 1 PM ET/10 AM PT.

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Fast Company Tech

MARCH 7, 2025

Big picture: The ad, which aired in Saudi Arabia, is Volvos first spot made entirely with AI. Volvo veers into the uncanny valley The news: Volvo just released a new AI-generated ad, and it doesnt include a single car. That was probably a mistake.

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TechNode

JULY 24, 2024

The 142nd International Olympic Committee (IOC) Session was held in Paris on Tuesday, during which a proposal was approved for the first edition of the Olympic Esports Games to be held in Saudi Arabia in 2025. She said she views hosting the 2025 Olympic Esports Games as a natural progression in opening Saudi Arabia to the world.

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TechSpot

MAY 25, 2023

India, Indonesia, Russia, Turkey, and Ukraine are listed as priority level 2, while Argentina, Brazil, Ecuador, Malaysia, Nigeria, Saudi Arabia, and Thailand come in at level 3. The thirteen countries in the EC's crosshairs are headed by China (via TorrentFreak), which was singled out as the biggest concern. Read Entire Article

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TechSpot

NOVEMBER 1, 2023

In late October, the Department Bureau of Industry and Security (BIS) further tightened export restrictions on AI accelerators to China and other countries of concern, including Saudi Arabia, Russia, Iran, the United Arab Emirates, and Vietnam. Read Entire Article

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TechSpot

NOVEMBER 10, 2022

Speaking at a news conference on Wednesday, Biden was asked if Musk posed a national security threat and if the help he received from Saudi Arabia to buy Twitter should be investigated—Prince Alwaleed bin Talal and his Kingdom Holding Company represent Twitter's second-largest investor after Musk with a $1.89

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The Verge

JULY 28, 2020

Two former Twitter employees who were last fall charged with spying on behalf of the government of Saudi Arabia may have charges against them dropped at the recommendation of US prosecutors, according to Bloomberg. Alzabarah fled the country in July 2015, while Almutairi remains in Saudi Arabia.

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TechCrunch

OCTOBER 31, 2022

Invygo, a startup operating in UAE and Saudi Arabia, has raised $10 million in its Series A funding led by MEVP as it works to scale its car rental service in the region. Roughly 200 cars are available for subscription in Saudi Arabia and 100 in UAE on the platform on a typical day. million to date.

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TechCrunch

JANUARY 24, 2023

The United Arabs Emirates (UAE) and Saudi Arabia became the first member states to adopt the treaty in 2018, and its implementation meant that for the first time businesses in these territories were required to file VAT returns periodically. The startup is in the process of seeking approval from the Egyptian Tax Authority too.

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TechCrunch

AUGUST 22, 2021

Over 50,000 car owners across three markets — Egypt, the UAE and Saudi Arabia — use Odiggo. CEO Omar said with this new round, Odiggo’s priority will be to attain consistent growth while expanding its team across the UEA, Saudi Arabia and Egypt. The company also works directly with over 300 merchants.

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TechCrunch

DECEMBER 6, 2021

The startup will hire local talents in Saudi Arabia to expand further. The gaming industry is booming in Saudi Arabia, with about 70% of Tamatem’s users, Hammo noted. . India, Egypt, Saudi Arabia, Germany, Hungary, and Jordan. Big things are happening for the mobile games industry in the 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.

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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

JANUARY 24, 2023

Japan’s Terra Drone lands $70M Series B funding to accelerate global expansion The move comes in line with Saudi Arabia’s “Vision 2030” plan , which lays out goals to reduce the nation’s dependence on hydrocarbons and promote the use of drones in services.

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TechCrunch

OCTOBER 25, 2023

has scored $100 million from Neom, Saudi Arabia’s futuristic city and development project. Chinese autonomous vehicle startup Pony.ai The deal […] © 2023 TechCrunch.

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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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The Verge

FEBRUARY 22, 2021

Bloomberg first reported that Lucid Motors and Churchill — which is run by investor Michael Klein, who has architected deals for Saudi Arabia in the past — were in talks back in January. Roughly $2.1 billion of that cash will come from Churchill.

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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. What’s your BNPL startup really worth?

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The Verge

JULY 26, 2021

That injection of cash, plus subsequent investments from the fund, have given Saudi Arabia majority ownership of Lucid Motors. (It In January 2021, Bloomberg reported that Lucid Motors was in talks with a SPAC run by financier Michael Klein, who used to work for Citi and has ties to Saudi Arabia.

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TechCrunch

DECEMBER 8, 2021

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. TechCrunch gathered that Opontia has somewhat switched focus on its target market.

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Candid

JULY 17, 2024

Respondents in 12 countries trust in NGOs ‘to do what is right’ More than 60% of respondents said they trusted NGOs “to do what is right” in 12 out of 28 countries: India, Kenya, Nigeria, China, Thailand, Malaysia, Indonesia, the United Arab Emirates, Singapore, Mexico, Saudi Arabia, and South Africa.

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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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The Verge

APRIL 5, 2022

Recently, Saudi Arabia has made some big investments in the gaming industry. Bloomberg reported in February that Saudi Arabia’s Public Investment Fund (PIF) has taken stakes of more than 5 percent in both Capcom and Nexon — stakes that, combined, are worth more than $1 billion.

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The Verge

SEPTEMBER 9, 2020

As reported by The Verge, the company gave up majority ownership to Saudi Arabia’s sovereign wealth fund in exchange for the $1.3 Saudi Arabia first announced the deal in September 2018 — just weeks before Saudi Crown Prince Mohammed bin Salman had Washington Post journalist Jamal Khashoggi killed.

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Amy Sample Ward

FEBRUARY 18, 2013

A few weeks ago I had the opportunity to travel to Saudi Arabia to teach a course at King Abdullah University of Science and Technology as part of the Winter Enrichment Program.

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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 28, 2022

Lucid is also building a new manufacturing facility in the Kingdom of Saudi Arabia that it expects to finish by 2025. The company estimates the Saudi plant could bring in up to $3.4 But the relationship between Lucid Motors and Saudi Arabia goes further back than this recent agreement. billion investment in 2018.

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TechCrunch

JULY 28, 2021

After its Egypt launch, Swvl expanded to Kenya, Pakistan, Jordan and Saudi Arabia. This is pocket-friendly for residents in these markets compared to single-rider options and helps reduce emissions (Swvl claims it has prevented over 240 million pounds of carbon emission since inception).

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TechCrunch

DECEMBER 9, 2021

Saudi Arabia. . “It Sympl will use the investment to e xpand its merchant network, build technical upgrades and enhancements, hire more talent and expand its footprint across Egypt to cover all 27 governorates in the country (it’s currently in two). The most likely destination?

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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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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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