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Early-stage startups across the MENA region secure funding rounds

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CAIRO: Startups throughout the Middle East and North Africa region are experiencing a surge in funding, significantly energizing the entrepreneurial ecosystem.  Across diverse locales such as Saudi Arabia, Bahrain, and Tunisia, early-stage companies have successfully attracted pre-seed and seed investments this week, propelling their development and expansion.  Saudi Arabia-based food tech startup Barakah successfully raised … Read more

Regional startups raise funding rounds amid activity flurry

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FII Priority: Leaders in Miami and the Kingdom are fostering environments for growth and talent MIAMI: Leaders in Saudi Arabia and Miami share common ground in their efforts to foster environments conducive to growth and talent, experts highlighted at the FII Priority conference in Miami on Friday. Over the past few years, both have prioritized … Read more

Russia rounds up thousands of migrants at New Year’s Eve festivities — reports

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Russia’s police have detained thousands of migrants across the country in New Year’s Eve raids with scores of them facing deportation, Russian media reported on Monday. About 3,000 migrants were detained in Russia’s second-largest city of St. Petersburg during checks “to prevent crime,” Russia’s RIA state news agency reported. “As it turned out, more than … Read more