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Stay ahead of the curve with the latest business news and startup insights from the Gulf region. Explore the dynamic entrepreneurial ecosystem, emerging trends, and success stories shaping the Middle East's economic landscape.
Canva Acquires Affinity for Widespread Pro Design Access
Canva, the Australian design giant, acquires Affinity suite, its largest deal yet, enhancing its offerings and challenging industry leaders like...
Lucid Motors Secures Additional $1 Billion Investment from Saudi Arabia in Quest for High-End EV Market
Lucid Motors secures a $1 billion investment from Saudi Arabia's Public Investment Fund affiliate, highlighting the Kingdom's continued support for...
Saudi Real Estate Fund Enhances Homeownership with $257 Million for Sakani Program
The Real Estate Development Fund allocated SR963 million ($256.7 million) in March to Sakani beneficiaries, enhancing housing affordability and accessibility...
Arab Energy Fund Records 51% Surge in Net Income, Reaching $225 Million
TAEF achieved a 51% increase in net income, reaching $225 million, driven by strategic initiatives. Under CEO Khalid Al Ruwaigh,...
Podeo Partners with The Mo Show, Saudi Arabia’s Premier English Podcast
The collaboration between Podeo and The Mo Show broadens the podcast's audience reach via Podeo's distribution network, including exclusive access...
EazyPay to Provide Tabby’s Buy Now Pay Later on POS Terminals Network
EazyPay now offers Tabby's Buy Now Pay Later Pay in 4 services through their POS terminals network in Bahrain. The...
Zameeli Collaboration Propels Mamun’s Historic Equity Crowdfunding Triumph, Pioneering Tech Sector Investment in Oman
Mamun successfully concludes Oman's first equity crowdfunding campaign for Zameeli, marking a significant milestone in the country's tech sector and...
Classera Expands Educational Portfolio with Acquisition of Expert Solutions
Classera, a prominent player in educational technology, has acquired Expert Solutions, a Saudi-based ERP provider, as a key step in...
Egyptian B2B Healthtech Startup 30Med Raises Pre-Seed Round for Expansion
30Med, a pioneering B2B healthtech startup in Egypt, recently secured pre-seed funding from undisclosed angel investors, marking a significant milestone...
Mitgo Group Makes Strategic Move into Financial Services Market with Acquisition of UAE’s Embedded Platform
Mitgo Group ventures into fintech, aiming for a $15.7 billion market opportunity in 2024, targeting affiliate publishers globally. Mitgo acquires...
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