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Rkiza secures SAR 500K in pre-seed round led by angel investors
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Inception, Visa join efforts to accelerate agentic commerce adoption
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Savvy Games inks MoU with NEOM to foster Saudi gaming startups
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Riyadh Air partners with NSG for high-speed in-flight Wi-Fi
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Juthor raises SAR 1.8 mn pre-Seed to empower merchants with smart infrastructure
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Manara, AWS sign $2.8mn upskilling agreement in MENA
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Qadi, Core42 partner to power sovereign AI compliance in UAE
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Real Estate Future Forum 2026 opens in Riyadh
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Open World launches Saudi Arabia’s 1st RWA tokenization center
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Qarah closes new funding round to scale Saudi water services
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New Murabba pacts with Ministry of Industry to enhance local content
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Farnaud: European investments in Saudi Arabia set to multiply within 5 years
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Saudi Arabia secures major AI, industry, sustainability agreements in Davos
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Monsha’at organizes various programs to upskill entrepreneurs
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Cyberme completes 2nd startup cohort, announces 3rd round
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Saudi Arabia to host WEF Global Collaboration, Growth Meeting in April
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Applied AI closes pre-Series B round to accelerate global expansion
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EVIQ, Roads Authority join hands to advance EV charging services in Kingdom
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NEOPAY partners with Nymbl to enable Nymbl QX
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EdfaPay launches SoftPOS services after SAMA approval
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Rawajeh Group acquires stake in Khwarizmi Holding
Riyadh - Sharikat Mubasher: Rawajeh Group, a leading real estate developer in Saudi Arabia, signed an investment agreement to acquire a stake in Khwarizmi Holding.This strategic partnership aims to promote growth and maximize sustainable value in the Saudi market, according to a recent statement by Rawajeh Group.The investment aligns with Rawajeh Group’s expansion strategy that focuses on investing in companies with mature corporate structures, clear operational capabilities, and a long-term vision for growth. Khwarizmi Holding adopts an investment model that focuses on building long-term value by diversifying investment tools, including venture capital (VC), private equity (PE), and global real estate funds. This aligns with Rawajeh Group’s approach towards investing in entities capable of achieving balanced and sustainable growth.Aqeel Alrajhi, CEO of Rawajeh Group, stated that the investment reflects the group’s confidence in Khwarizmi Holding’s robust business model and its ability to manage specialized investments in private markets efficiently.For his part, Ibrahim Almojel, Founding Partner at Khwarizmi Holding, affirmed that the partnership will help the company accelerate the execution of its investment strategy that focuses on building specialized platforms in private markets and developing diverse investment products that meet the expectations of institutional investors.Moreover, this collaboration reflects the shared vision of both entities to build an investment ecosystem that is based on integration and added value.
Trango Tech expands mobile app services across GCC
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Deloitte expands its Cloud Center of Excellence in Saudi Arabia
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Riyadh Air enters air freight with Riyadh Cargo
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AviLease to add SAR 11 bn to Saudi GDP by 2030
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Davos Experts: Saudi Arabia leverages energy, infrastructure to attract global industry
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