Every StartupHub.today article filed under Startup companies in Saudi Arabia.
Even with global challenges like rising costs and supply chain issues, Gulf markets are proving incredibly resilient. They're adapting well to changes, showing their strength in a tough environment.
The Saudi Tourism Development Fund has successfully concluded the first edition of its "Tourism Growth Incubator" program. This initiative provided vital support to 30 startups through comprehensive training, mentorship, and direct connections with investors, helping them grow and thrive.
The MENA startup ecosystem had a bustling week from May 9-16, 2026, with 9 announced investment deals totaling around $49.5 million. These exciting investments were spread across Saudi Arabia, the UAE, and Qatar, showcasing strong regional activity and growth.
Saudi company Ninja has quickly grown from a startup to a unicorn, now valued at $1.5 billion. They're looking into a public offering, which will be a big test for the fast-delivery business model in our region.
