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Startup watch
Funding gaps, portfolio pivots, and AI’s shift in MENA venture capital
The retreat of global investors such as SoftBank and General Atlantic has left a noticeable…
Americana in Adnoc stations, Local firms awarded gravel sites, Fintech Arib raises USD 23.5 mn
Americana Restaurants and Adnoc partner for a multi-market outlet expansion plan
MENA corporate VC is GCC dominated with Saudi leading the race
Saudi accounted for 57% of the total corporate capital deployed in MENA over the past…
THIS MORNING: PIF reportedly sets up second office in China
PLUS- Financing to MSMEs up by 33% y-o-y in 2025
Earnings watch
Wholesale, B2B gains, and IT growth boost Etihad GO Telecom’s FY 2025-26
Wholesale growth and the consolidation of its IT arm powered Etihad GO Telecom to a…
East Pipes posts SAR 573.3 mn in net income for FY 2025/26
The performance was attributed to higher sales and new contracts
Ades, Lazurde, Tasheel and Seera post 1Q earnings
M&A activity helped boost Ades’ net income
Al Othaim, Jarir, Sasco, and many more post 1Q earnings
Al Othaim saw its net income dip almost 30%