Startupbootcamp, which already operates Dubai’s Smart City Accelerator and Qatar’s SportTech Accelerator, establishes headquarters in Dubai.

Saudi Payments and JCB International agree on a partnership to enable the acceptance of JCB cards in Saudi Arabia.

Abu Dhabi Investment Office (ADIO) invested USD 5 million in Shorooq Partners’ Bedaya Fund.

The company currently employs about 120 people spread across its offices in Saudi Arabia, Egypt, India, and Pakistan.

According to a BCG report, women in the Middle East control USD 786 billion in wealth, with 40% of that concentrated in Saudi and the UAE.

Saudi Arabia’s e-commerce market is up 14% from last year at USD 21 billion, according to e-commerce platform ZID.

Vezeeta has been aggressively expanding into new products and markets and launched its telehealth solutions in Saudi in March.

Jahez offers food delivery to its restaurant partners in over 20 cities of the Kingdom.