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Showing posts from October, 2025

Oasis Capital and FAM Holding Launch $100 Million Thurayya EdTech Fund at FII, Reinforcing Saudi Arabia’s Global Leadership in Knowledge and Innovation

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  Oasis Capital, in partnership with FAM Holding, has announced the launch of the $100 million Thurayya EdTech Fund, a pioneering investment vehicle designed to accelerate innovation across education, training, employment, and creative technologies (ETEC) both within the Kingdom and globally .   Unveiled at the Future Investment Initiative (FII) in Riyadh, the Thurayya EdTech Fund embodies Saudi Arabia’s growing influence as a global center for knowledge, innovation, and human capital development. Led by Oasis Capital and FAM Holding, it aims to drive scalable, impact-driven ventures that lie at the intersection of education and technology, ranging from Saudi-born startups pioneering new models of digital learning and skilling, to international innovators reimagining access to education and creative expression. In line with the Kingdom’s emphasis on economic diversification and knowledge-based industries, Thurayya will also support ventures that enable lifelong learning,...

BRKZ to accelerate KSA construction industry with new $30m finance facility as mega projects take off

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    ; With Saudi Arabia preparing to host global events such as Expo 2030 and the FIFA World Cup in 2034, and giga-projects like King Salman Park, Diriyah Gate, Qiddiya, and The Red Sea Project advancing, the country’s construction market is shifting gears from boom to blockbuster - where efficient materials procurement and innovative financing solutions are emerging as the next catalysts for sustainable growth. BRKZ today announced it has secured up to $30 million in growth debt from Stride Ventures, to strengthen its position as one of the key innovators in tailored embedded financing for the Kingdom’s building materials market .   This announcement follows BRKZ’s earlier equity rounds totaling $22.5 million, with the latest round fully covered by repeat investors including BECO, BNVT Capital, Better Tomorrow Ventures and Aramco’s Wa’ed, a strong signal of long-term confidence in the company’s business model. In 2024, BRKZ grew revenues by 4× while maintaining h...

Introducing Galaxy XR: Opening New Worlds

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          S amsung Electronics today unveiled Galaxy XR, introducing a new category of AI-native devices designed to deliver immersive experiences in a form factor optimized for multimodal AI. As the first product built on the new Android XR platform developed together by Samsung Google and Qualcomm Technologies, Galaxy XR showcases the future of discovery, play and work, enabling users to enjoy natural, deeply immersive experiences — from daily tasks to bold new frontiers. It’s the first step in Samsung’s long-term XR journey, with innovations to come across the full spectrum of XR form factors, including AI glasses.     “With Galaxy XR, Samsung is introducing a brand-new ecosystem of mobile devices,” said Won-Joon Choi, Chief Operating Officer of Mobile eXperience (MX) Business at Samsung Electronics. “Built on Android XR, Galaxy XR expands the vision for mobile AI into a new frontier of immersive and meaningful possibilities, allowing X...