News
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.
Saudi Arabia’s New Bonded Zones – A Boost for Logistics Companies
New Bonded Zone rules in Saudi Arabia allow logistics companies to store goods without paying duties or taxes until they...
Web Summit Qatar 2024: Middle East’s Gateway to Tech’s Future
Get ready to witness an electrifying tech event this year! The Web Summit Qatar 2024, taking place on February 26-29,...
bitsCrunch Secures $2.4 Million Investment Led by Cypher Capital
BitsCrunch raised $2.4 million from a strategic investment round co-led by Cypher Capital, a leading UAE-based crypto investment firm. The...
Qatari Fintech Karty Secures $2 Million in Seed Funding for Revolutionary E-Wallet Launch
Qatari fintech startup KARTY secures over $2 million in a seed funding round, marking a pivotal moment in its journey....
Edinburgh’s Intelligent Growth Solutions Secures £22.5m Funding for Revolutionary Gigafarm in Dubai
IGS secures £22.5 million for global expansion in vertical farming. IGS collaborates to build a 900,000 sq ft gigafarm, aiming...
Business Travel Startup Tumodo Secures $35 Million in Funding to Disrupt MENA Market
Tumodo, a business travel startup, raised $35 million in pre-seed funding to expand across the UAE and MENA region. The...
Turkish Steel Giant Eyes $5 Billion Investment in Saudi Green Steel Plant
Turkish steel giant Tosyali Holding plans to invest $5 billion in a new steel mill in Saudi Arabia, signing an...
Saudi Aramco Injects $4B into Venture Capital Arm
Saudi Aramco is injecting $4 billion more into its venture capital arm Aramco Ventures, increasing total funding to $7 billion....
Saudi Arabia Launches New Residency Programs to Attract Global Talent and Investment
The programs aim to attract global talent, entrepreneurs and investors as part of Crown Prince Mohammed bin Salman's Vision 2030...
Oman’s Luxury Hotels Thrive with a 27% Revenue Boost to $532 Million
Oman's luxury hotel revenue jumped 26.6% to $532 million in November 2023 compared to November 2022, according to new government...
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