Middle East

Dubai's 'Apocalyptic' Superstorm Strikes World's Busiest Airport After Historic Rainfall Causes Flood Chaos, Cancelled Flights

Tragically, there has been a loss of life due to the heavy rain and flooding that has caused widespread disruption in Dubai.


Indian Firms Exporting to the Middle East See Their Shares Plummet After Iran's Recent Attacks on Israel

India's tea and rice exporters to the Middle East saw their stock values collapse on worries of logistical issues and higher costs due to geopolitical tensions...

Major Arab Airlines Cancel Some of Their Flights After Iran’s Retaliatory Attack on Israel

Several major Arab airlines have been forced to cancel their flight schedules over the weekend following Iran's strikes on Israel...

Iran's Currency, Rial, Drops to Record Low Against US Dollar After Retaliatory Attack on Israel

Rial, the currency of Iran, experienced a historic low against the US dollar after the country's extensive missile and drone attack on Israel over the weekend...


Latest News

New Israeli smart calendar app simplifies meeting tasks
Tel Aviv, Israel-based smart calendar app Cal added a new feature called HeadsUp that simplifies meeting and appointment tasks such as taking notes, composing minutes, and assigning tasks to attendees
Cisco invests $6M in Badia Impact Fund to support startups in Jordan
San Jose, US-based networking giant Cisco invested $6 million in the Badia Impact Fund to back tech startups in Jordan as part of a $10 million venture capital investment already committed in May 2011
Dana Gas inks deal to acquire offshore block in Egypt
Sharjah, United Arab Emirates-based natural gas firm Dana Gas inked a deal to acquire the North El Arish (Block 6) Concession Area located in Egypt as an addition to its growth portfolio.
Israeli BYOD startup Nativeflow raises $7.5M for secure data browsing
Tel Aviv, Israel-based bring-your-own-device (BYOD) startup Nativeflow raised $7.5M in funding to date to allow workers to securely browse and share both personal and corporate data, according to an e
Israel warns public on bitcoin risks, mulls regulation
Israel said on Wednesday it was considering regulation of bitcoin and warned citizens that using such decentralized virtual currencies was risky.
Israeli firm ClickSoftware to add US workforce management firm Xora in $14.7M merger deal
Petah Tikva, Israel-based ClickSoftware Technologies Ltd entered a deal to add Mountain View, US-based mobile workforce management firm Xora Inc for a cash consideration of around $14.7 million.
Still meager private equity investments in Middle East markets- report
The Middle East private equity market looked promising in the past decade but investments have trickled in the past year according to Dealogic data, Financial News reported.
Israeli venture capital platfrom OurCrowd eyes investment in Australian startups
Jerusalem, Israel-based venture capital funding platform OurCrowd is looking to invest in Australia-based startups amid a 4% drop in the country's pool of venture capital.
Google acquires Israeli security startup SlickLogin
Tel Aviv, Israel-based security startup SlickLogin confirmed that it is being added by Santa Clara County, US-based Internet giant Google for an undisclosed amount in an acqui-hire deal.
Israel-based drugmaker Teva Pharmacuetical Industries is Soros' single largest stockholding
The single largest stock holding of Soros Fund Management in the fourth quarter is Israeli drugmaker Teva Pharmaceutical Industries Ltd, Reuters reported citing a February 14 filing with the US Securi
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