Middle East

Meta And Snapchat Deny Limiting Palestinian Content Amid Israel-Hamas Conflict

Reports from journalists and social media users allege that social media firms like Meta shadowbans Palestinian content, suppressing fair reporting on the ground.


Starbucks to Lay off Thousands of Workers in Middle East After Being Hit by Boycott Campaign Relating to Israel-Hamas War

Starbucks' franchisee in the Middle East, Alshaya Group, is implementing significant job cuts at its coffee shops...

Industry Reacts to Houthi Attacks Disrupting Red Sea Shipping Routes, Companies Strategize

Houthi attacks disrupt Red Sea shipping, causing global companies like Geely, Tesla, and Adidas to face delays and logistic challenges, prompting strategic adaptations...

Saudi Arabia, Russia, and Some Other OPEC+ Producers to Prolong Oil Production Cuts Until June

Saudi Arabia, Russia, and some other key members of the Organization of the Petroleum Exporting Countries Plus (OPEC+) have decided to prolong their voluntary crude supply cuts until June...


Latest News

Doha Bank agrees to acquire HSBC Bank Oman
Doha Bank, a Qatar based lender, has entered into a definite acquisition agreement with HSBC Holdings Plc's HSBC Bank Oman to purchase its lending arm in India pending regulatory approvals in India, J
International Finance Corp shells out $25.8M for wind farm in Pakistan
The International Finance Corp (IFC) is shelling out $25.8 million for the construction of a new wind farm in Sindh province of Pakistan to fill in the increasing energy deficit in the region.
Sources: NBK Capital appoints Perella Weinberg Partners for asset sale
NBK Capital appointed Perella Weinberg Partners as its adviser on a planned stake sale, reported Bloomberg.
French publisher Webedia adds Lebanese digital media firm Diwanee
Paris, France-based digital publishing firm Webedia added Lebanon-based digital media firm Diwanee for an undisclosed amount to help the latter reach out to women in the Middle East.
Arad Group picks up controlling stake in Mexican water meter maker Cicasa for $2M
Dalia, Israel-based water measurement solutions and services provider Arad Group picked up a controlling stake in Mexico-based water meter manufacturer Cicasa for $2.04 million to gain access to the L
Israeli app Flayvr grabs $2M in seed funding to organize smartphone photos
Tel Aviv, Israel-based mobile gallery startup Flayvr grabbed $2 million in seed funding from institutional and angel investors to help smartphone users organize their gallery photos for easy viewing a
Israeli startup StoreDot develops technique for 30-second phone charging
Ramat-Gan, Israel-based nanotech startup StoreDot developed a prototype of a device that will enable a person to charge a phone within just 20 seconds in a cost-efficient and environment-friendly mann
Israeli startup Neura bags $2M in funding to connect devices in a single app
Herzliya, Israel-based connected device network Neura bagged $2 million in a funding round led by Greenhouse Capital Partners to connect several gadgets using one mobile app.
Israeli 3D printing firm Stratasys buys American filament maker Interfacial Solutions
Rehovot, Israel-based 3D printing firm Stratasys bought Wisconsin, US-based plastic filament maker Interfacial Solutions for an undisclosed sum to streamline its operations through hardware and filame
Intel to pour $15M into Israeli smarglasses startup OrCam
Intel Capital is planning to pour $15 million in funding into Jerusalem, Israel-based smartglasses maker to continue helping visually impaired people using the startup's product.
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