#MAGNiTT

Fintech Surge

A sneak peek at the keynote speakers of 24 Fintech 2024

The 24 Fintech Summit promises to be a landmark event for Saudi Arabia as well as the GCC region, offering attendees a comprehensive view of the trends, challenges, and opportunities set to shape the industry in the coming years

Saudi Arabia leads MENA venture capital market

Saudi Arabia secures $1.4bn in 2023, leads MENA VC fundraising

The kingdom’s venture capital market was boosted by the government’s focus on innovation, a dedicated unicorn project, and investments from sovereign funds

UAE, Saudi Arabia lead MENA VC fundraising

UAE, Saudi Arabia lead MENA VC fundraising, says MAGNiTT

The fundraising in Q3 2033 contributed to $1.4bn raised through 286 transactions in the first nine months of the year

Saudi Investment

Venture capital investments in Saudi Arabia record SAR2.19bn

According to the ‘H1 2022 Saudi Arabia Venture Capital Report,’ this figure surpassed the total amount deployed in 2021

DGA

Saudi Arabia attracts record $152m in startup funding in 2020

Saudi startup ecosystem was the fastest growing in MENA, Magnitt report shows

Regional startups on a ‘growth’ trajectory amid Covid-19 crisis

While the pandemic may have rattled industries, the regional startup ecosystem remains resilient