Silicon Valley’s General Catalyst makes first investment into Saudi Arabia newsthirst.

Silicon Valley venture capital firm General Catalyst has made its first investment in Saudi Arabia through fintech startup Lean Technologies, which just closed a Series B round worth $67.5 million. General Catalyst has $30 billion in assets under management and has backed major U.S. tech companies like Snap, Stripe and AirBnb. Lean Technologies’ fundraising round also…

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Saudi Arabia welcomes tourists to Sindalah Island, first luxury tourism destination on Red Sea | Travel newsthirst.

AFP | | Posted by Akanksha Agnihotri Oct 28, 2024 05:46 PM IST NEOM unveils Sindalah island, featuring luxury amenities, as part of a vision for tourism and development despite challenges ahead. Saudi Arabia’s planned futuristic mega-city known as NEOM announced on Sunday the opening of its “first physical showcase”: a luxury Red Sea island…

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