Kingdom Holding Company

Uber rival Careem closes $500M raise at $1B+ valuation as Daimler steps in

Amid ongoing struggles at Uber, one of its stronger regional rivals in transportation on demand has raised a significant round of funding, picking up a significant strategic investor in the process. C

Lyft Takes In More Foreign Investment – Including From A Saudi Prince

Lyft is now partly owned by Saudi princeĀ Al-Waleed Bin Talal bin Abdulaziz al Saud. The prince led a recentĀ $247.7 million round for a roughly 5 percent stake in the ridesharing service – putt

Saudi Prince Pumps $300 Million Into Twitter

In an unexpected move, a member of the Saudi royal family has <a href="">invested $300 million</a> in <a href="https://beta.techcrunch.