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Saudi Arabia Introduces Its First Cloud Analytics Platform for Financial Trading
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Saudi Arabia Introduces Its First Cloud Analytics Platform for Financial Trading

Wamid, the technology division of Saudi Tadawul Group, has entered into a multi-year partnership with BMLL Technologies to launch Saudi Arabia’s first white-labeled cloud analytics platform aimed at institutional investors and quantitative analysts. This initiative marks a significant advancement in the region’s financial technology sector. The collaboration will provide market participants in Saudi Arabia with...

UAE Crypto Startup Resolv Labs Secures $10 Million in Seed Funding
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UAE Crypto Startup Resolv Labs Secures $10 Million in Seed Funding

UAE-based crypto startup Resolv Labs has successfully raised US$10 million in seed funding. This funding round was led by Cyber.Fund and Maven11, with additional contributions from notable investors including Coinbase Ventures, SCB Limited, Arrington Capital, Animoca Ventures, Gumi Cryptos, NoLimit Holdings, and Robot Ventures. Founded in 2023 by Ivan Kozlov, Fedor Chmile, and Tim Shekikhachev,...