News

June 2024 saw MENA startup funding at $116 million, marking a 59% drop from May but an 182% rise from...

Stride Ventures invests $1 million in UAE-based Maalexi, marking its first venture debt commitment in the GCC region. Maalexi offers...

Alpha Data aims to raise $200 million via an IPO on ADX, supported by EFG Hermes and Emirates NBD Capital. ...

Egypt's construction industry, projected to grow at over 8% CAGR until 2029, is the largest in Africa and the third...

Relm Insurance Ltd. expands into MENA by acquiring B&F Partners Ltd., now Relm Insurance MENA Ltd. Relm Insurance MENA operates...

Aramco has signed over $25 billion in contracts for expanding its gas infrastructure, including the Jafurah gas field and the...

Saudi Arabia's non-oil exports to China exceeded SR176 billion ($46.93 billion) from 2019 to 2023, with China accounting for 15%...

Renaissance's study on Egyptian students' reading habits shows a 7% increase in participation, signalling the growing interest in reading. Average...

Emirates Telecommunications Group Company (e&) is acquiring Turkish cloud services provider GlassHouse for $60 million. The acquisition is financed through...

Ooredoo Group has partnered with NVIDIA to deploy advanced AI infrastructure across the MENA region, aiming to meet the rising...