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Startup watch
Mapping the ripple effects of the war on MENA venture capital -Magnitt
The region’s venture pipeline is vulnerable to retreating, shock-sensitive international capital
Rimal secures bridge round from Keheilan to design semiconductors at home
Rimal has six live contracts in the pipeline
King Saudi University launches venture fund + Flyadeal expands its Madinah network
The new Flyadeal destinations will be added in March
MENA AI funding hits USD 858 mn in 2025, led by the UAE and Saudi Arabia
AI-native firms secured USD 589 mn, amounting to 69% of all AI funding
Earnings watch
Saudi corporates brace for uneven 1Q performance amid regional tensions -Sico
Because the conflict escalated during Ramadan, Sico believes its immediate impact on earnings may be…
eXtra, UIHC net income climbs in 1Q 2026
Strong online and financing performance underpin eXtra’s quarterly results
Almarai’s 1Q sales grow, net income holds at SAR 732 mn
Revenue climbed on Ramadan boost along with dairy and poultry sales
Sadara Chemical falls deeper into the red in 2025
Sadara’s accumulated losses exceeded its share capital, reaching SAR 44 bn