The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Saudi Arabia boosts startup growth with innovative funding and support programs
Saudi Arabia's startup ecosystem is thriving, with five startups achieving unicorn status and 35 more poised to follow, driven by government initiatives under Vision 2030. Key sectors include AI, fintech, and tourism, supported by programs like Tomooh and the Billion-Dollar Companies Incentive Program, which enhance access to funding and market expansion. These efforts aim to diversify the economy and bolster the nation's global competitiveness.
moroccan superapp ora technologies secures funding to enhance digital services
Ajras secures funding to enhance its position in Saudi Arabia's rapidly growing proptech sector, projected to reach $109 billion by 2030. Meanwhile, ORA Technologies raises $1.9 million to expand its digital payment and food delivery services in Morocco, aiming to drive financial inclusion. Talabat acquires InstaShop for $32 million, strengthening its grocery and retail presence across MENA.
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.