Telecom & Technology

Saudi VC halved, then halved again

August 1, 2026

Saudi venture capital funding fell 74% year on year to $219 million in H1 2026, from roughly $853 million in H1 2025, across 72 deals, down 41% from 122. Fintech took 67% of dollars ($147 million); the Kingdom held a 34% share of MENA deal count, with early-stage rounds at 83% of all deals.

Argaam

Deal count fell 41% while dollar volume fell 74%, the average check shrank even faster than the number of deals. Investors aren't just doing less; they're doing smaller, which is the more telling half of this number.

Mohammed Altuwaijri
|
Managing Partner

Explore more signals

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.

‍

Osamah Alfadda
|
CEO
Government & Public Sector
August 5, 2026
Fifty-seven studies, twelfth session

The Riyadh Economic Forum will hold its 12th session on 12–14 October 2026 at the Riyadh International Convention and Exhibition Center, with ministers, public and private sector specialists, academics and business owners participating. The forum has presented more than 57 economic studies over its history, many of which became government initiatives and decisions.

Arab News

if you want policy input rather than policy news, October is the window. Submissions and positioning happen before the session, not during it, so start now.

Abdulrahman Al Mottahar
|
Partner
Tourism & Sports
September 14, 2026
What a visitor actually spends

Average trip spend among international visitors to Saudi Arabia surveyed in Visa's Global Travel Intentions Study reached SAR 10,405 ($2,774), with 54% of spending pre-booked and 46% taking place during the trip; accommodation accounted for 19% of spending, transportation 18%, food and beverages 17% and experiences 15%. US visitors recorded the highest average trip expenditure at SAR 21,530, followed by visitors from the UAE at SAR 14,046 and the UK at SAR 10,558, while 75% of respondents shopped during their stay and half said they used AI to find travel inspiration.

Zawya

Destination marketers in Saudi should move budget into the pre-trip window where 54% of spending is committed and half of travellers now use AI for inspiration, rather than into arrival-stage campaigns.

Abdulrahman Al Mottahar
|
Partner

We've been the client

We know what execution feels like.