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Tag: Middle East

MENA startups secure $1.3 billion despite global downturn

Venture capital investment in MENA startups holds strong as Fintech dominates, with Saudi Arabia and the UAE leading the region

Cenomi and GIB Capital unveil $266 million fund for retail expansion in Saudi Arabia

The Qassim project, set to resume construction by December, aims to boost Saudi Arabia’s retail sector as part of Vision 2030

ACWA Power secures $150 million financing for wind projects in Uzbekistan

Saudi utility firm ACWA Power partners with the AIIB to develop three wind power plants in Uzbekistan, advancing the nation’s renewable energy targets.

Saudi Arabia leads regional push for green buildings with over 2,000 projects

Kingdom registers 40% of the Arab world’s sustainable construction initiatives, driven by growing environmental awareness and population demands.

Saudi Arabia’s MSMEs see 17% growth in credit facilities amid Vision 2030 push

Sama reports a surge in Saudi MSME credit growth, reaching SR307.4 billion, driven by government support
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