The MENA Tech Competitors

Launched in 2009, Arabnet produces leading events, insights, and innovation programs focused on tech business and innovation in the MENA region. Arabnet organizes major conferences for the tech sector; produces original research, reports and publications focused on the industry; and organizes custom-tailored innovation programs for corporations and governments.

The Saudi Investment Bank (SAIB) is a Saudi Arabian joint stock company established by Royal Decree no. M/31 dated June 23, 1976. The Bank began operations in March 1977. SAIB offers traditional wholesale, retail, and commercial banking products and services in addition to investment banking. In particular, it arranges financing of quasi-government and private industrial sectors, and trade finance products for imports and exports. We have also established successful joint-ventures / subsidiaries to cater to Investment Banking and Share Trading, Asset Management, Leasing, Mortgages, Insurance and Credit Cards.

500 Global is a venture capital firm with US$2.1B in assets under management investing in globally ambitious founders building fast-growing technology companies. We focus on markets where innovation, capital, and ecosystems can propel startups and unlock long-term value. Our mission is to uplift people and economies around the world through entrepreneurship. 500 Global has backed over 5,000 founders representing more than 3,000 companies operating in 80+ countries. We have invested in 35+ companies valued at over $1 billion and 150+ companies valued at over $100 million (including private, public, and exited companies). Our team members are located around the world and bring experience as entrepreneurs, investors, and operators from the world’s leading technology companies. 500 Global’s Southeast Asia funds have backed over 300 companies across sectors, including investing early in companies valued at over US$1 billion such as Grab, Carsome, Carousell, Bukalapak, and FinAccel. Our team members bring experience as entrepreneurs, investors, and operators. We are actively growing to serve more founders, as well as connect companies with capital, expertise, and global networks to help them succeed.