General Catalyst, a Silicon Valley venture capital firm with $30 billion in assets under management, has made its first investment in Saudi Arabia by participating in fintech startup Lean Technologies’ $67.5 million Series B round. Other investors included Bain Capital Ventures, Stanley Druckenmiller’s Duquesne Family Office, and Arbor Ventures, bringing Lean Technologies’ total funding to over $100 million. This investment signifies confidence in Saudi Arabia’s growth trajectory and Vision 2030 initiative, with fintech playing a pivotal role in diversifying the economy and creating new opportunities for the young Saudi workforce.
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Dahiyeh families displaced by war now trapped by identity | Israel attacks Lebanon
Fatima Kandeel, 43, and her two sons moved into a new apartment in Dahiyeh, Beirut, after their home was destroyed by an Israeli airstrike amid escalating tensions between Israel and Hezbollah. Despite the trauma and loss, Fatima remains hopeful and determined to stay in Dahiyeh, valuing the community and the small salvaged memories of their past life. Want More Context? 🔎
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