Saudi Arabia was titled as the “gravitational centre” for scaling tech unicorns, based on the country’s GDP and stock exchange size
STV Ventures
Latest in STV Ventures
E-commerce
Dubai’s Opontia plans expansion after securing $42m funding
E-commerce start-up says Series A funding round was a mix of equity and venture debt
business funding
Kuwaiti e-commerce firm draws Careem backer in new funding round
Floward’s series B funding round raised $27.5m and was led by Saudi technology venture capital fund STV
Abdulrahman Tarabzouni
Uber-Careem deal will inspire entrepreneurs to ‘think local’ before expanding, says STV CEO
STV CEO Abdulrahman Tarabzouni said he be believes the deal will inspire others to want ‘to do the next big thing’
Abdulrahman Tarabzouni
Clock ticking for homegrown ‘moonshot’ ideas like Careem – STV CEO
STV CEO Abdulrahman Tarabzouni said that foreign capital will increase seek to dominate various sub-sectors across the MENA region
Abdulrahman Tarabzouni
Saudi ‘has massive demand and lagging supply’, says STV CEO
SoftBank Investment Advisors said the direction of the Middle East tech scene is positive
