Tower sales and strong demand boost Zain KSA Q3 results
Operator Zain KSA has announced a strong Q3 2023 financial performance driven, in part by tower-related business.
Source: developingtelecoms.com
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Saudi startup ecosystem takes a huge leap
CAIRO: Saudi Arabia’s startup ecosystem took a giant leap in the world of funding and venture capital with seven investment firms earmarked $636 million to stimulate innovation and entrepreneurship in the Kingdom. The announcements were made during the LEAP2023 held in Riyadh last week. Saudi and regional venture capital firms launched massive funding programs to support
Source: arabnews.com
Nana raises $133 million in a Series C round led by Kingdom Holding
Saudi Arabia-based dark store grocery delivery startup Nana, has raised $133 million in a Series C funding round led by Kingdom Holding...
Source: wamda.com
Billionaire Alwaleed's Kingdom Holding leads funding for Saudi delivery app Nana
Ther funding is now one of the largest investment rounds for Saudi startups
Source: gulfnews.com
Closing Bell: Saudi stock exchange recovers 110 points as oil prices fuel rally
RIYADH: Saudi Arabia’s Tadawul All Share Index marked a pronounced recovery as it rose 110.27 points — or 1.05 percent — on Monday to close at 10,647.18 following the surge in oil prices encouraged by top importer China’s move to reopen its borders. Brent crude LCOc1 was up $2.29, or 2.9 percent, at $80.86 a barrel by 1:50 p.m. Riyadh time, while US West Texas Intermediate
Source: arabnews.com