Teegara.com, the Cairo-based eCommerce startup recently closed a five-figure pre-seed follow-on funding round led by the Alexandria Angels Network, as well as angel investors from Saudi Arabia, Egypt, and the Netherlands. Teegara is a B2B2C e-commerce marketplace that helps retailers and social eCommerce merchants to trade. Through its digital platform, the company aims to solve […]
Zain KSA ranks first in the Game Mode report issued by the Communications and Information Technology Commission (CITC) for the second quarter of 2021. It records top connectivity performance in four of the most popular video games in Saudi Arabia, namely Fortnite, FIFA 21, APEX Legends, and Dota 2. The report compares the response time […]
Cohesity has appointed Gregg Petersen as regional director for its operations in the Middle East and Africa (MEA) region. Petersen will focus on empowering regional businesses in UAE, Saudi Arabia, Qatar, Egypt, and South Africa to easily and effectively back up, manage, protect, and derive value from their data through Cohesity’s next-gen data management solutions. […]
Startups are not only key drivers of economic growth and job creation but are often a catalyst for innovation. In the MENA region, innovation by young firms contributes significantly to aggregate productivity growth. When it comes to startup success stories in the region, ride-hailing service Careem, which was acquired by the US-based Uber in 2019, […]
The Kingdom of Saudi Arabia (KSA) is focused on economic diversification — from a natural resource-based economy to an innovation hub powered by technology. The large and growing local population means solid domestic demand for goods, services and infrastructure. As a result, the government is pouring billions of dollars into high-tech infrastructure, launching funds, moving […]
YouGov analysis reveals Emirates, Adidas and iPhone top the list of most recommended brands in the UAE, Saudi Arabia and Egypt, respectively. The rankings are based on YouGov BrandIndex’s positive Recommend score, which measures the percentage of a brand’s customers who would recommend it to a friend or colleague. Every brand in our Rankings has […]
The rising eCommerce revenues have impacted digital marketing in the GCC, indicating an increasing business value Hugo Boss recently announced their online expansion to another 12 countries, of which five are in the Gulf Cooperation Council (GCC) region. The increasing digital presence and marketing in the GCC look optimistic, but let us have an in-depth […]
Saudi Payments has collaborated with IBM and Mastercard to launch Saudi Arabia’s first instant payments system ‘sarie’. Operating under the supervision of the Saudi Central Bank (SAMA), Saudi Payments will enable the adoption of faster payments and accelerate improvements to banking reconciliation in the Kingdom’s financial ecosystem. ‘sarie’ system is expected to support local government, […]
Digital spending is expected to surge further in the UAE and Saudi Arabia this month, with approximately 76 per cent consumers planning to buy more frequently online during Ramadan, according to a new survey. About 60 per cent of people surveyed in the two countries said they expect to buy groceries more often this Ramadan, […]
Saudi Arabia ranked second world-wide in the Global Ipsos Consumer Confidence Index for March 2021, which measures the current and future status of 23 global markets. Saudi Arabia scored 61.4 points in the Ipsos consumer confidence index, which is 15.7 points higher than the global average of 45.7 points. The kingdom was ranked after China […]
