Saudi Arabia and the world
Saturday, Nov 27, 2021
The World in the Heart of the Kingdom
Add Your News
Saudi-based tech startup Rasan closes $24mln funding round
Rasan, a Saudi-owned fintech and insurtech company, has successfully raised SR90 million ($24 million) in its latest funding round, MAGNiTT reported.
Rasan will spend the money on developing new technology and products, and increasing differentiation for Rasan’s InsurTech portfolio including Tameeni Motor, Tameeni SME Health, and Treza.
The investment will also enable Rasan to build and scale multi-sided platforms and expand into new geographical regions, MAGNitt said.
The financing round was led by Impact46, a Saudi asset manager and advisor focused on alternative investment opportunities. The funding marks the first growth stage InsurTech deal in the Kingdom.
Saudi pavilion at Expo 2020 Dubai inaugurates ‘16 Windows’ cultural program
Saudi Arabia’s pavilion at Expo 2020 Dubai launched the first activities of its new weekly “16 Windows” cultural program with a debate session on the literature, publishing and ...
Saudi Arabia’s Ithra Islamic Art Conference examines history of mosques
For thousands of years, mosques have served as sacred ground for Muslims around the world. But there is more than meets the eye, with Ithra’s Islamic Art Conference examining th...
Deal to promote eco-tourism in Saudi Arabia
A deal has been signed to promote eco-tourism in the Kingdom, the Saudi Press Agency reported.
Egypt reopens historical Avenue of Sphinxes in Luxor
Egypt reopened on Thursday night the Avenue of Sphinxes in Upper Egypt's Luxor Province after years of renovation works, with hopes to internationally promote the country's anci...
UK coronavirus cases top 10 million amid concerns over new variant
More than 10 million coronavirus cases have been recorded in Britain since the start of the COVID-19 pandemic, according to official figures released Thursday.
Taliban says to resume talks with US in Doha
Spokesman for the Taliban-led administration Zabihullah Mujahid has said talks between Taliban and the United States would resume in Qatar's capital Doha.
Princess Haifa elected chair of UNESCO's programme and external relations commission
Saudi Arabia's permanent representative to UNESCO, Princess Haifa Al Muqrin has been elected as Chair of UNESCO's Executive Board Programme and External Relations (PX) Commission.
Saudi Arabia registers 1 COVID-19 death, 24 new infections
Saudi Arabia confirmed one new COVID-19-related death on Friday, raising the total number of fatalities to 8,830.
Diriyah, Jewel of the Kingdom: Diriyah champions recycling among community with new initiative
The Diriyah Gate Development Authority has partnered with PepsiCo to launch a new initiative to raise awareness and encourage recycling in the community.
Who’s Who: Mukhtar Alam, Saudi calligrapher
Mukhtar Alam, calligrapher at the factory that makes the Kiswa for the Kaaba, was recently granted Saudi citizenship.
UK officially designates Hamas as ‘terrorist group’
The United Kingdom designated all of Hamas a “terrorist group,” warning that its members and those who support the group could face stiff jail terms.
Subscribe also to our WhatsApp channel:
Add Your News