PRESS RELEASE

Mad’a invests in Family Souk Ventures and Babysouk.com

Mad’a Investment Company, a wholly- owned subsidiary of Abdul Aziz Al Othaim & Sons Holding Company (ASO&SONS), has announced a new investment in Dubai-based Family Souk Ventures, Ltd. and its online retail subsidiary Babysouk.com.

Jabal Omar to provide healthcare services to Makkah visitors

Jabal Omar Development Company (JODC), the Kingdom’s leading real-estate company, and Smart Medical Services Company have signed an agreement to establish a medical center located in Jabal Omar project.

Mad’a becomes part of SAGIA’s “Venture Program”

Mad’ a signed up with Saudi Arabia Government Investment Agency (SAGIA)’s “VENTURE” initiative, which is aimed at opening doors for foreign Venture Capitals, while encouraging investors and entrepreneurs to branch out to KSA.

HyperPay closes an investment round led by Mad’a

HyperPay closed of an 8-digit investment round, led by Mad’a Investment Company, with participation from Saudi Venture Capital Company (SVC), iNet, MEVP, and other investors.