Author: Mahdeehassan

Riyadh – As part of its commitment to strengthening its presence in the Saudi real estate market, Mountain View Saudi Arabia is set to participate in the “Cityscape Global” exhibition in Riyadh for the second consecutive year, taking place from November 17 to 20 at the Riyadh International Exhibition & Convention Center (Malham). The company will also announce the launch of Phase Two of its “ONE Mountain View” project and reveal a new project in partnership with NHC.The participation comes in line with the company’s efforts to showcase its distinguished projects that align with Saudi Arabia’s Vision 2030, supporting urban…

Doha, Qatar – Qatar Islamic Bank (QIB), Qatar’s leading digital bank, has announced the latest millionaire as part of the Misk Account 8th edition, continuing its commitment to rewarding responsible saving and empowering customers across Qatar. The Bank is now preparing to launch the next edition of the Misk Account with even more prizes, winners, and opportunities to save and win.Mrs. Lolwa Hamad Al-Dosari was named the newest Misk Millionaire following a draw held under the supervision of the Ministry of Commerce and Industry and QIB representatives. To celebrate the milestone, the winner’s son was welcomed at QIB’s Al Sadd…

The Singapore-listed Lendlease Global Commercial REIT (Lendlease REIT) has snapped up a 70% stake in Singapore’s $679 million Paya Lebar Quarter (PLQ) mall divested by the Abu Dhabi Investment Authority (ADIA).The move, which will help expand its suburban retail portfolio in Singapore, will involve the acquisition of 70% of the total issued units in PLQM Trust, which holds an approximately 100% interest in the property, along with a share purchase agreement with ADIA.Financial details of the sale have not been disclosed. Upon completion of the transaction, Lendlease REIT’s total asset value will increase to $3.9 billion Singapore dollars ($3 billion).Lendlease…

SPICE, a first mover as a premium dining platform in MENA, emerged from stealth today to announce its launch, marking a major shift in how restaurants access growth capital and how diners discover and experience the region’s best dining venues. Founded by industry veterans Zeid Husban, Wadi Hawi, and Yousef Sawalha—the entrepreneurs who built and exited ifood.jo to Delivery Hero (2016) and POSRocket to Foodics (2022)—SPICE represents their third venture in the restaurant-tech space and their boldest yet. “We’ve spent over 15 years building technology for restaurants,” said Zeid Husban, Co-founder and CEO of SPICE. “This time, we’re transforming the…

Riyadh, Saudi Arabia – Savvy Games Group has signed a Memorandum of Understanding (MoU) with HUMAIN, a global artificial intelligence company delivering full-stack AI solutions, aimed at leveraging HUMAIN’s comprehensive expertise and operating systems, including AI solutions, models, data platforms, infrastructure, and end-user applications, to unlock and elevate efficiencies across Savvy’s operations.Under the MoU, the parties will identify opportunities to develop customized AI models and applications for Savvy’s key business functions, such as human resources, procurement, and finance. The agreement also enables Savvy to leverage HUMAIN’s advanced data centers and cloud computing services, and collaborate on R&D-focused initiatives, including exploring…

Riyadh – Blacklane, the global chauffeur service, marks one year since TASARU Mobility Investments (“TASARU”), a leading investment company wholly owned by the Public Investment Fund (PIF), was announced as a strategic investor to accelerate Blacklane’s growth trajectory in Saudi Arabia.Since the investment, Blacklane has rapidly expanded, achieving a more than eight-fold increase in revenue in the Kingdom, rounding out a year of tangible progress in momentum, innovation and luxury mobility, aligned with Saudi Vision 2030.The strategic investment, announced in October 2024 during Future Investment Initiative “FII8” as part of Blacklane’s Series G funding round, has supported expansion while reinforcing…

In contrast to mass-market giants selling standardised attractions, Tunisian startup WildyNess has established itself as the leading platform for authentic travel experiences and Community-Based Tourism (CBT). The startup announced today the closing of its first strategic pre-seed funding round.The round, for an undisclosed amount, was co-led by the Bridging Angels network and the African Diaspora Network.This investment is a first for the regional travel tech ecosystem. It positions WildyNess as the first and only B2C/B2B2C travel marketplace in North Africa to announce a pre-seed fundraising round. While local venture capital has overwhelmingly focused on FinTech, WildyNess has successfully proven a…

Stream, the Saudi-born platform streamlining modern billing and payments for businesses in the MENA region, starting with Saudi Arabia, has announced $4 million in seed funding to scale its mission to remove friction from getting paid. The round was led by early-stage investment firm Outliers VC and amassed a strong investor base, adding to a cap table that includes BYLD Ventures and prominent angel investors such as Abdullah Elyas, Co-founder of Careem.With this round, Stream will fuel its product development in engineering, compliance, payment capabilities and the overall user experience while strengthening its internal systems to support a rapidly growing…

stc group’s corporate venture capital arm, tali ventures, has led a $6 million (SAR 23 million) Series A investment round in Bonat, a Riyadh-based AI-powered customer engagement platform. anb seed Fund, Rua Growth Fund, RZM Investments, and a network of leading angel investors also contributed investments to the Series A round alongside tali ventures. This funding builds on stc group’s investment in innovation and Saudi startups advancing digital transformation.Bonat has built one of the region’s fastest-growing digital engagement ecosystems. Its all-in-one platform blends advanced analytics, AI driven engagement tools, digital wallets, and behaviour-based marketing automation, helping merchants convert walk-ins into…

Doos, the leading Saudi platform in the quick-commerce sector, is pleased to announce a strategic investment from Jahez International Company for Information Systems Technology (Jahez) — a leading on-demand services ecosystem listed on the Saudi Exchange (Tadawul: 6017).The investment marks a significant step in Jahez’s long-term vision to expand beyond food delivery and strengthen its presence in the rapidly growing quick-commerce sector in the Kingdom. By combining Jahez’s powerful technology infrastructure with Doos’s curated product selection and express delivery network, both companies aim to deliver a seamless experience in app interaction, product discovery, and ultra-fast order fulfilment for Saudi families.Founded…