Sources: Saudi Arabia's Prosperity7 participated in a ~$400M round in Zhipu AI at a ~$3B valuation, making it the only foreign investor in Chinese generative AI
Aramco's Prosperity7 takes part in investment round for start-up Zhipu AI — A Saudi Arabian fund has backed China's …
Saudi Arabian e-commerce software startup Salla raised $130M from Investcorp, Sanabil, and others, in what is likely to be its last funding round before an IPO
- Sanabil, STV also participated in the pre-IPO fundraising — Salla is part of bevy of Saudi startups prepping for listing
Saudi Arabian food delivery service Jahez agrees to acquire local rival The Chefz for ~$173M in a cash and stock deal
Saudi food delivery firm Jahez agreed to acquire The Chefz in a cash and stock deal, almost a year after Delivery Hero SE's attempt to buy the firm was thwarted by the local competition watchdog.
Sources: Savvy Gaming Group, backed by the Saudi Arabian government's Public Investment Fund, acquires esports companies ESL and FACEIT for a combined $1.5B
Kevin Hitt / Sports Business Journal :
Italian energy company Saipem was hit by a new variant of the notorious Shamoon disk-wiping malware, which attacked Saudi Arabian oil giant Aramco in 2012
Eduard Kovacs / SecurityWeek :
Italian energy company Saipem was hit by a new variant of the notorious Shamoon disk-wiping malware, which attacked Saudi Arabian oil giant Aramco in 2012
Italian oil and gas services company Saipem has confirmed that its systems were hit recently by a new variant of the notorious Shamoon malware.
View, a startup that makes smart windows with internet-connected frames that can regulate the tinting of the glass, raises $1.1B from SoftBank's Vision Fund
Despite the recent assassination of a journalist by Saudi Arabian agents and an ensuing global controversy, Masayoshi Son … Tweets: @business and @markmilian Tweets: @business : Masayoshi Son and his ...
Middle East ride-hailing service Careem raises $200M from existing investors including Saudi Arabian billionaire Prince Alwaleed bin Talal's Kingdom Holding
Alexander Cornwell / Reuters :
Saudi Arabian regulators issue statement clarifying that cryptocurrency trading is illegal in the country
Wolfie Zhao / CoinDesk :
A look at how Uber's Saudi Arabian operation, which sees 1.33M riders quarterly, has prepared product changes for the country's legalization of female drivers
the Middle East's answer to Uber — has received over 2,000 applications since announcing it will recruit female drivers in Saudi Arabia http://money.cnn.com/... http://twitter.com/... @cnnmoney : Care...