Saudi Edition 
MENA+ Edition 
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AI + Innovation (MENA) 
Logistics (MENA) 
Stc group completes MEA’s first 6G bandwidth trial
Mrhoon Fund launched as the Kingdom’s first to use lease contracts for collateral
Squadio bags SAR 11 mn in pre-Series A funding round
The funds will be used to drive the firm’s regional expansion and AI adoption
Jahez lands SAR 150 mn shariah-compliant loan
ALSO: Multi Business Group renews SAR 10 mn shariah-compliant loan
SARsatX raises USD 2.6 mn in seed funding round
The round was led by Tonomus, with participation from Wa’ed Ventures, Access Bridge Ventures, and KAUST Innovation Ventures.
Nqoodlet lands USD 3 mn in seed funding round + Tuba raises USD 8 mn in pre-seed round
Nqoodlet’s round was led by Wa’ed Investments, with backing from Omantel and others
TruBuild raises USD 1 mn in seed funding round
The round was led by Aramco’s VC arm Wa’ed Ventures and Dar Ventures
Egypt’s CIRA Education to submit an MTO to up its stake in CAED to up to 90%
PLUS: Naseej International Trading fully acquire Etmam Arabian Real Estate
BRKZ closes USD 17 mn series A round + WideBot raises USD 3 mn in a Pre-Series A round
The startup received a total of USD 22.5 mn in funding
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