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Sports startup Eksab closes a second USD 3 mn seed round + Rabbit gets license in KSA
Cairo-based fantasy football startup Eksab has closed a USD 3 mn seed round led by Africa-focused VC firm 4DX Ventures,…
Saudi Arabia
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Saudi Arabia
US companies are buying back stock in record volumes
US firms are rushing to prop up their share prices amid market volatility: US companies have bought back a record…
El Sisi talks with MbS following Houthi attacks
El Sisi talks with MbS following Houthi attacks: President Abdel Fattah El Sisi stressed Egypt's solidarity with the Saudi government…
Egypt + Saudi Arabia to boost economic ties
Egypt and Saudi Arabia agreed to boost cooperation in trade, investment, electricity, oil and petrochemicals, telecommunications, and finance during a…
valU to enter Saudi Arabia in 1H2022
EFG Hermes’ consumer finance platform valU will set foot in Saudi Arabia before the end of 1H2022, marking its first…
Tunisia likely to default next year unless action is taken, says Morgan Stanley
Tunisia is careening towards a default if it doesn’t course-correct its finances, strategists at Morgan Stanley warned yesterday, according to…
Houthis attack Saudi energy facilities
Houthis launch drone attacks on Saudi energy infrastructure: Yemen’s Houthi rebels launched drone and missile strikes on Saudi Arabia that…
Aramco profits double in 2021, announces plans to raise oil + gas production
Saudi Aramco plans to hike spending this year as it looks to ramp up oil and gas production in the…
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