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Business News

Talking Shop With LEAP 2023 Speakers Baroness Karren Brady, Gitanjali Rao, And Steven Bartlett

With a speaker line-up that includes more than 500 industry leaders, ranging from footballers turned tech investors, geoscientists, and astronauts, to venture capital investors with multi-million-dollar portfolios, there's clearly a lot of people at LEAP 2023 to meet and learn from.

By Entrepreneur Middle East Staff

Business News

KSA’s HRH Crown Prince Mohammed Bin Salman Launches Ceer, The First Saudi Electric Vehicle Brand

By Entrepreneur Middle East Staff

Business News

“We Got Funded!” UAE-Based Youth-Focused Banking Platform Cashee Raises US$3 Million In A Series A Round To Accelerate KSA Expansion

By Pamella de Leon

Business News

Global Tech Community To Converge In Riyadh For LEAP On February 6-9, 2023

By Entrepreneur Middle East Staff

Business News

“We Got Funded!” Abu Dhabi-Based Cloud Kitchen Platform The Cloud Raises US$10 Million In A Series A Round To Fuel Expansion Into The GCC And Europe

The Cloud was designed with a vision to become "the Airbnb of kitchens" by enabling the transformation of regular restaurant kitchens into artificial intelligence-powered cloud kitchens.

By Aalia Mehreen Ahmed

Business News

“We Got Funded!” KSA-Based Fintech Startup Tamara Raises US$100 Million To Boost Product Offering And Expansion Plans

The new capital infusion will be used to the startup's product offering, while entering adjacent markets.

By Pamella de Leon

Business News

Leisure Tourism: Saudi Arabia’s Newest Frontier On The Road To Realizing Vision 2030

The majority of the US$1 trillion investment that has been earmarked for developing the Saudi tourism economy to date has been deployed for this leisure segment.

Business News

Revealed: Saudia’s Transformation To Become “The Wings” Of KSA’s Vision 2030

In 2030, and Saudia is expected to be the carrier of choice for over 30 million pilgrims annually, and an additional 70 to 80 million visitors looking to explore the smorgasbord of tourist offerings in the Kingdom.

Business News

In Focus: Religious Tourism In The Kingdom Of Saudi Arabia

Prior to 1946, around 60,000 pilgrims visited Mecca annually; that's a 500x expansion in annual pilgrims to be witnessed in 84 years, should Vision 2030's target of 30 million pilgrims per year be realized.

Business News

“We Got Acquired!” Cartlow Buys Out Fellow UAE-Born Startup, Melltoo

"Understand that acquiring a business is not about integrating but instead about accelerating the overall vision of the company."

By Tamara Pupic

Business News

Opening Up To The World: Saudi Arabia’s Tourism Goals

Gateway industries such as tourism, local manufacturing and smart services are generating jobs for future Saudi youth –and for the first time– opening Saudi Arabia to the world.

Business News

Driving Economies: Breaking Down The Significance Of The Global Tourism Industry

Tourism is responsible for one in 12 jobs around the world today, employing 330 million people around the world.

Business News

“We Got Funded!” UAE-Based Foodtech Startup ChatFood Secures US$3 Million In A Bridge Round As It Expands Into Saudi Arabia

As a platform that enables mobile ordering and marketing solutions for hospitality brands, ChatFood hopes to capitalize on advantageous social media trends in Saudi Arabia.

By Aalia Mehreen Ahmed

Business News

KAUST Holds First Ever In-Person Bootcamp Of Its Online Course Entrepreneurship Adventures

The three-day Entrepreneurship Adventures bootcamp aimed to continue fine tuning the business ideas that the founders came up with during the online course in the months prior.

By Entrepreneur Middle East Staff

Business News

Opportunity Knocks: The Middle East Is The Emerging Art Market To Watch

With the correct funding and ambition, we could be set to enter a golden age of Middle Eastern art.

By Patrick McCrae

Business News

Prince Khaled’s Folia Debuts At The Four Seasons Hotel Doha Ahead Of 2022 FIFA World Cup

Folia, which means "from the leaves" in Latin, celebrates wellness and imagination, represented with its usage of seasonal ingredients to showcase colors through cold and crisp dishes diners can enjoy.

By Entrepreneur Middle East Staff

Business News

A New Dawn: Tapping Into Opportunities Presented by Saudi Arabia’s Open Banking Scene

Open banking, and at a wider level, open finance, provides the necessary environment for banks, fintech companies, and innovation players to successfully develop the future of banking in Saudi Arabia.

By Abdulla Almoayed

Business News

KSA-Based Taffi Aims To Become The MENA’s Leading Personalized Styling Services Provider After Raising Over US$2 Million In A Seed Round

As an online fashion marketplace that connects brands, customers, and fashion stylists with each other, Taffi also offers expert recommendations from stylists from the comfort of one's own home.

By Aalia Mehreen Ahmed

Business News

Bringing The World To Saudi: A New Entrepreneur Middle East Report Looks Into Saudi Arabia’s US$1 Trillion Investment In The Tourism Industry

The special report details how Saudi Arabia is evolving and developing its tourism sector from catering nearly exclusively to religious tourism in the past, to opening its doors to visitors from around the world in 2019 through major investments made in leisure tourism.

By Erika Masako Welch

Business News

Saudi Arabia’s TAQADAM Startup Accelerator Program Opens Applications For Its 2022 Cohort

Local, regional, and international startups can apply for the Saudi Arabia-based TAQADAM Startup Accelerator until May 21, 2022.

By Entrepreneur Middle East Staff

Business News

Saudi Arabia Has The Potential For Incubating A New Breed Of Entrepreneurs

With its age-old culture of welcoming people, and drawing upon its abundant resources, Saudi Arabia may be poised for incubating a new type of entrepreneurship.

By Prajakta Kharkar

Business News

Global Entrepreneurship Congress 2022 Secures US$13.8 Billion Of Investment To Promote Entrepreneurial Activity In Saudi Arabia

The 2022 edition of the Global Entrepreneurship Congress (GEC 2022), which was held in Riyadh, Saudi Arabia from March 27-30, 2022, was able to secure a total of US$13.8 billion of investment to promote entrepreneurial activity in the Kingdom.

By Entrepreneur Middle East Staff

Business News

Here’s How Jeddah-Based Startup NOMADD Is Enabling A Mass-Scale Desert Solar Industry In Saudi Arabia

NOMADD was created with an aim to develop technology that can ensure solar generators can technically and commercially thrive in harsh desert-like terrains.

By Aalia Mehreen Ahmed

Business News

Onward And Upward: Monsha’at Governor H.E. Saleh bin Ibrahim Al-Rasheed On The Rising Trend Of Entrepreneurship In Saudi Arabia

"Monsha'at strives to diversify the funding sources for enterprises, support the initiatives within the venture capital sector, and develop policies and standards for funding small and medium projects."

By Entrepreneur Middle East Staff

Business News

Global Entrepreneurship Congress 2022 In Riyadh Sees Almost US$8 Billion In Investments Announced On Its Second Day

"GEC 2022 marks the entrepreneurial rise of the Middle East, and of Saudi Arabia's potential as an innovation hub for the region," said H.E. Saleh Ibrahim Alrasheed, Governor of Monsha'at.

By Entrepreneur Middle East Staff

Business News

Jeddah-Based Midwam Offers A Fresh Take On Designing And Curating Unique Immersive Experiences

Founded in 2012, Midwam is a Jeddah-based immersive experience design company that specializes in designing and curating unique immersive experiences for organizations and institutions.

By Aby Sam Thomas

Business News

Strategy Bites: Marwan Moukarzel, CEO, Alhokair Group Fashion Retail

"Alhokair is the only listed business of its type in the Middle East, and we currently represent around 85 brands, spanning from womenswear, menswear, kids and babies, department stores, shoes, and accessories, and a series of restaurants and quick service restaurants."

By Raffaella Campagnoli

Business News

Meet Three Of The Startups Presenting At The TAQADAM Accelerator Showcase 2022

Held as a live hybrid event on March 10, 2022, 10 startups will be vying for the US$100,000 cash prize up for grabs, as well as a $100,000 prize for an 11th startup selected by the online and in-person audience.

By Entrepreneur Middle East Staff

Business News

TAQADAM Startup Accelerator Showcase 2022 Set To Reward 11 Startups With US$100,000 In Funds On March 10, 2022

58 founders from 23 startups will showcase what they've been working on during the program to an audience of investors, business leaders and other entrepreneurs.

By Entrepreneur Middle East Staff

Business News

Saudi Arabia-Based Dammam Valley Launches BioTech Startups Program

Aimed at encouraging the establishment of more biotechnology startups in Saudi Arabia, BioTech Startups Program will also work towards fostering ties with other global startups.

By Entrepreneur Middle East Staff