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Sary merges with Bangladesh’s ShopUp to launch new B2B platform, raising USD 110 mn
The merger was backed by a USD 110 mn funding round led by PIF-backed Sanabil Investment and US-based Valar Ventures
Egypt's delivery app Rabbit lands in Saudi Arabia
Rabbit plans to deliver 20 mn items across major Saudi cities by 2026
Ports, customs, roads, and e-commerce updates from UAE, Turkey and Saudi
Stories on our radar this morning from around the region
Talabat fully acquires Instashop from Delivery Hero
The cash-based transaction was valued at USD 32 mn reflecting Instashop’s capital amount rather than its fair value
FY 2024 results from AD Ports, Talabat, Marsa Maroc, and more
FY 2024 shaped up to be a good year for AD Ports, Talabat, and Marsa Maroc
UAE warehouse rents forecasted to rise up to 10% in 2025
The projection is driven by heightened demand and shortages in warehouses vacancies and industrial land
Updates on shipping, e-commerce and customs from KSA, UAE and Oman
Stories on our radar this morning from around the region
Storage, legislation, trucking, and startup updates from UAE, Oman and KSA
Stories on our radar this morning from around the region
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