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Startup watch
Global VC outlier
The surge was driven by strong local VC participation and rising international interest
Gaming company Qwacks bags SAR 1.8 mn in pre-seed funding from Merak Capital
The firm will use the funding to upgrade its platform, deepen product integrations, and reach…
Propeller launches fund connecting AI MENA founders with US markets
The fund has already invested in five companies this year, all operating in or selling…
Nabt raises USD 3.4 mn in seed extension round
ALSO- Saudi-based Taager has expanded its social e-commerce into Morocco
Earnings watch
eXtra + Tas’heel post estimated 4Q results
eXtra’s revenue rose 6.8% y-o-y to SAR 1.8 bn in 4Q 2025
Sadara Chemical Company falls deeper into the red in 3Q
Lower sales volumes and selling prices contributed to the downturn
Kingdom Holding, Seera, and more publish 3Q earnings
Kingdom Holding’s net income went up nearly 130% y-o-y in 3Q to SAR 794.5 mn
Petro Rabigh in the red (again) in 3Q + BinDawood, Flynas and more
Dar Al Arkan’s net income increased 90% y-o-y to SAR 255.6 mn in 3Q 2025