Startup Wrap: MENA founders secure millions as new growth capital enters the market
RIYADH: Startups across the Middle East and North Africa secured at least $7.4 million in funding over the last week, across sectors including artificial intelligence, education, and financial technology. The latest announcements also cover a new Saudi growth-stage fund, investments in five Omani s»»»
dnata invests $110 million in airport ground equipment across 10 countries
Dubai: Airport ground operations are moving towards more electric and autonomous equipment, with dnata investing $110 million in 800 new ground support units across 10 countries and testing self-driving baggage vehicles in the UAE. Get updated faster and for FREE: Download the Gulf News app now - s»»»
Car catches fire in middle of road in Bishkek - | 24.KG
A car caught fire in the middle of a road in Bishkek. According to an eyewitness, the incident occurred at the intersection of Toktogul and Chingiz Aitmatov Streets. Video footage shows the fire broke out in a Volkswagen Golf 2. Details of the incident are being clarified.»»»
Future Tech Poland invested €30 mln in Inovo vc fund
Poland’s state development bank BGK and the European Investment Fund have invested EUR 30 mln, about PLN 129 mln, in a venture capital fund managed by Inovo.vc. It is the fourth investment made under their joint Future Tech Poland initiative, which has allocated nearly PLN 580 mln so far. Inovo.vc »»»
DIEZ H1 2026 occupancy hits 96% as company registrations rise 13% in Dubai
Dubai: Occupancy across Dubai Airport Freezone, Dubai Silicon Oasis and Dubai CommerCity reached 96% during the first half of 2026, while the number of companies operating across the three economic zones increased 13% from a year earlier. Get updated faster and for FREE: Download the Gulf News app »»»
Al Salem Holding targets EGP 50bn investment portfolio within five years
Al Salem Holding plans to expand its investment portfolio in Egypt from more than EGP 15bn currently to EGP 50bn over the next five years, representing a 234% increase, Chairperson Bahaa Salem said. The announcement was made during a media site visit to the group’s Blue Side Hub at Marina 5 on the »»»
Al Rehab Developments invests EGP 5bn in Egypt’s real estate sector
Al Rehab Developments is preparing an expansion plan for the Egyptian real estate market, with a focus on Sadat City, as the company seeks to grow its investment portfolio, which currently stands at around EGP 5bn. With more than nine years of experience in the market, the company currently has sev»»»
Egypt invests EGP 169m in Matrouh waste management system
Egypt has invested around EGP 169m in developing the waste management system in Matrouh Governorate as part of efforts to improve environmental services and expand integrated waste management infrastructure. The figure was announced during a meeting between Local Development and Environment Ministe»»»
QIA announces investment in Lesha Bank Fund
Doha: Qatar Investment Authority (QIA) announced Thursday its investment in Lesha Bank fund, "Lesha Qatar Opportunities Fund". In a statement, QIA indicated that the investment is part of its Active Asset Management Initiative, launched in 2024 to establish partnerships with leading global and loca»»»
NEPI Rockcastle acquires Megapark Barakaldo in Bilbao, its first investment outside CEE
The deal marks NEPI Rockcastle’s entry into Spain and its first investment outside Central and Eastern Europe (CEE), where it remains the region’s largest owner, operator and developer of shopping centres. It reflects the Group’s strategy of investing in leading retail destinations, alongside activ»»»
BASF Agricultural Solutions invests in a new Climate Center to strengthen crop protection
Construction of the Climate Center has already started and is scheduled to be completed in the first half of 2027. Once operational, the facility will house state-of-the-art climate chambers designed to provide precisely controlled environmental conditions for scientific studies. The investment res»»»
Pakistan Independence Day: Expats call for education and economic strength
Dubai: As Pakistan marks its 79th Independence Day anniversary, Pakistanis living and working in the UAE have renewed their call for greater unity, stronger institutions, quality education and wider opportunities for the country’s young population, while expressing pride in their homeland and confi»»»
TAQA Transmission builds Emirati youth pipeline for UAE’s 200,000-job Net Zero transition
Abu Dhabi: As the UAE marks International Youth Day, TAQA Transmission is placing youth development at the centre of its workforce strategy, in step with Abu Dhabi's Economic Vision 2030 and the UAE's Net Zero 2050 ambitions. As the company invests in grid resilience, smart networks and next-genera»»»
Andrzej Lis, fund manager at Rockbridge TFI, invests where the market is wrong
Andrzej Lis, a fund manager at Rockbridge TFI, describes his investment philosophy as holistic, combining macroeconomic analysis, fundamental research and valuation rather than relying on a single strategy. He begins by assessing inflation, interest rates, market liquidity and the economic cycle be»»»
Chinese cars gain in Polish market with more than 312,000 passenger cars
New vehicle registrations in Poland increased across all major segments in H1 2026, according to KPMG and the Polish Automotive Industry Association. Passenger-car registrations rose nearly 10% y/y to 312,033, while commercial vehicle registrations increased 20% and bus registrations jumped 78%. To»»»
World Class Romania invests €18 million in two new clubs and the modernization of 17 existing locations
World Class Romania, the leader of Romania’s health and fitness industry, announced the most extensive transformation program in its history since entering the local market, with a total first-phase investment of €18 million. More than €12 million has been allocated to the complete modernization of»»»
Syrian leader receives UN refugee chief in Damascus
DAMASCUS:President Ahmad Al-Sharaa received UN High Commissioner for Refugees Barham Salih and his accompanying delegation at the People’s Palace in Damascus on Monday, in the presence of Minister of Foreign Affairs and Expatriates Asaad Hassan Al-Shaibani. The meeting focused on ways to strengthen»»»
Syria opens international forum on education, innovation and employment in Damascus
DAMASCUS: The International Forum on Education and Innovation opened in Damascus on Monday, bringing together officials and experts to discuss the future of education, innovation and workforce development. The forum is organized by the Economic Group for Promoting International Investments, in coop»»»
Emirates NBD joins Dubai fund to bring more AI and FinTech solutions to banking
Dubai: Emirates NBD has partnered with the Dubai Future District Fund (DFDF) to identify and test new artificial intelligence and FinTech technologies that looks to change how customers use banking services. Sign up for our daily business newsletter, Cheques & Balances.The strategic partnership wil»»»
UNHCR, Syria Without Camps committee discuss cooperation prospects
Damascus, Aug. 10 (SANA) UN High Commissioner for Refugees Barham Salih met on Sunday with the steering committee tasked with implementing the “Syria Without Camps” vision strategy, with discussions focusing on joint coordination mechanisms and prospects for cooperation. The meeting, held in Damasc»»»
Egypt's Investment Fund Boom: Opportunity Meets Oversight Arab Finance For Information Technology
Egypt’s investment fund boom is a watershed moment for the country’s financial landscape. Regulatory reforms, digital onboarding, and product diversification are funneling household savings into non-banking instruments on an unprecedented scale. Retail participation has democratized access to inves»»»
Jeddah Olympiad inspires Saudi students to shape Kingdom’s nuclear future
JEDDAH: As the third International Nuclear Science Olympiad draws to a close in Jeddah, Saudi team members say the competition marks the beginning of a longer journey toward contributing to Saudi Arabia’s ambitions in nuclear science, energy and medicine. For the young Saudis who earned the right t»»»
Chinese brands continue expansion into Polish market
Chinese automakers are rapidly expanding in Poland, accounting for a record 15.5% of new passenger car registrations in July 2026, up from 14.9% in June. BYD nearly tripled registrations in the first seven months of the year to 6,600, while MG and Omoda remained the largest Chinese brands by volume»»»
UN’s Agricultural Development Fund aims to attract Saudi investors in sustainable bonds, says special envoy
RIYADH: The UN’s International Fund for Agricultural Development is working to attract Saudi investors as part of its sustainable bond initiative, building on more than $1 billion in bonds issued in capital markets since 2022 to generate social and environmental impact. Dina Saleh, IFAD’s special e»»»
Trump administration's latest buyback of offshore wind leases brings total to nearly $4 billion
An offshore wind company said Thursday that it reached a $1.2 billion settlement with the Trump administration to walk away from projects under development off New York, California and Louisiana. This latest agreement brings the total amount spent on such settlements to nearly $4 billion. RWE U.S. »»»