Telecom & Technology

A thousand ideas, four winners

September 6, 2026

The Start Smart competition concluded its 9th edition at LEAP 26 and launched its 10th, having drawn more than 1,000 submissions from which 40 ideas participated and 4 startups won: Nazra in healthcare data analytics, Findligent in smart retail, and ApolloByte in cloud design and Jamaa in collaborative commerce tied for third. Participants went through a 2-month training programme, and the tenth edition runs 4 tracks. The competition launched in 2016 and is organised by the Jameel Community Arabia Foundation with the National Program for Information Technology Development, the Digital Leadership Center and the Savola Foundation.

Al Eqtisadiah

Receiving over 1,000 submissions and narrowing them to 40, then to 4, demonstrates an effective selection process. The primary value of a program like this lies in the top 40, rather than just the final winners.

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Osamah Alfadda
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CEO

Explore more signals

Tourism & Sports
August 10, 2026
Saudi carries half of Gulf tourism

Saudi Arabia's travel and tourism sector contributed $178 billion to the economy in 2025, 46% of the entire Middle East's travel and tourism economy, growing 7.4%, nearly double the global rate of 4.1%, with international visitor spending up 8.2% against a 3.2% global rate.

Okaz

Nearly half of the entire region's tourism economy now lies in Saudi Arabia, growing at twice the global rate, a shift large enough that the map of Middle Eastern travel needs to be redrawn before the guidebooks catch up.

Abdullah Alkherb
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Senior Partner
Fintech & Payments
August 15, 2026
What BNPL actually earns

Argaam's read on the sector after SAMA lifted the BNPL financing ceiling to SAR 10,000 puts the Saudi market at $4.96 billion in 2025, $5.29 billion in 2026 and $7.31 billion by 2031, a 6.66% compound rate overall, against 28.85% for bank-linked BNPL services and 33.97% for the healthcare segment. Tabby ran an effective financing yield of 19.5% on $1.6 billion of assets in Q1 2026, Tamara 31.7% on $1.8 billion.

Argaam

There is no longer a single economic model for BNPL services. The 19.5% and 31.7% market segments operate as distinct businesses. Banks, compounding at 28.85%, benefit from lower funding costs and established customer relationships. As a result, standalone BNPL providers should prioritize their cost of capital over market share.

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Osamah Alfadda
|
CEO
Healthcare
July 20, 2026
Medevac by the Dozen

PIF's Helicopter Co. ordered 8 more H145S under a 120-aircraft framework, expanding EMS alongside a 60+ fleet

Source: Arab News

The takeaway: air-medical response is scaling, and response-time assumptions just changed for healthcare logistics and insurers

Mohammed Altuwaijri
|
Managing Partner

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