Markets
Careem Reportedly Winds Down Most Consumer Services in Saudi Arabia
The move, if confirmed, signals a shift in one of Careem’s core growth markets, with only mobility services remaining active....
Latest
Money
Edita Secures USD 9.3M Loan to Expand Production Capacity
The Egyptian snack giant is doubling down on capacity after a breakout year of growth. Edita is moving to scale....
Tech
Cursor AI Agent Wipes PocketOS Database in Seconds
Cursor AI Agent Wipes PocketOS Database in Seconds, Exposing Risks in Autonomous Systems A rogue AI coding agent deleted a...
Money
Egypt’s Remittances Hit Record High of USD 29.4B
Egypt’s remittance inflows are hitting new highs. Remittances from Egyptians working abroad rose 28% year-on-year during July–February of FY 2025/2026,...
Markets
MSC Launches New Route to Bypass Hormuz
The world’s largest container carrier is redrawing the map between Europe and the Gulf, replacing a single sea route with...
Startups
Creative Zone Launches Young Entrepreneurs Program With RAKEZ & Mashreq NEO BIZ
New UAE initiative bundles setup, banking, and operational support into a single entry point for first-time founders Creative Zone, in...
Energy
UAE to Exit OPEC After Six Decades in Major Oil Market Shift
Move Signals Shift Toward Production Flexibility as War Disrupts Global Oil Supply The UAE is stepping away from OPEC at...
