Alfii, Shein and Riyadh HQ

HEADLINES:• Russia Just Filed Terrorism-Related Charges Against Telegram Founder Pavel Durov• Lebanese Lawyers Sue Banker Antoun Sehnaoui After Dinner With Benjamin Netanyahu • UAE Billionaire Khalaf Al Habtoor Eyes $59 Million Investment in Egypt's Zamalek 

HEADLINES:• Saudi Prince Alwaleed Just Bought a 5% Stake in EV Maker Lucid for $129.5 Million • Netflix Will Stream Saudi Arabia's Richest Tennis Tournament This October • UAE's G42 joins Open Secure AI Alliance started by Nvidia Newsletter: https://aug.us/4jqModrWhatsApp: https: ...  Show more

HEADLINES:♦ Wuilt Raises $2M to Scale Its Free E-Commerce Platform Across MENA♦ Orascom Construction to Delist from Nasdaq Dubai, Move Primary Listing to Abu Dhabi♦ Kim Kardashian’s Skims to Open First UAE Store at Mall of the Emirates♦ Filmmakers Reject Mubi’s $100M Sequoia Deal ...  Show more

HEADLINES:♦ G42 to Sell 2% Presight AI Stake to Boost Global Investor Base♦ Saudi Shawarmer to Fund Fired Employee Majed Al-Omari’s New Venture After Boycott♦ Saudi Arabia and UK Announce £360 Million in Joint Investment Deals♦ Billionaire Mohamed Alabbar Visits Viral Klay by Kar ...  Show more

Here's what's happening in the tech, startup and VC universe today: The Luxury Closet wraps up growth round with $11 million, acquires Hong Kong-based Guiltless Bayut expands to Saudi Yumamia raises $1.5 million Pre-Series A, plans expansion to Saudi   Airbnb launches Arabic webs ...  Show more

HEADLINES:♦ OpenAI’s Sam Altman Tours the Middle East to Raise Funds for AI Expansion♦ Saudis Join Elon Musk’s Netflix Boycott Over Arabic-Dubbed Kids Show♦ Saudi Executives Detained in Diriyah Corruption Probe♦ SSC Channels Go Off Air After Losing Saudi Football Rights to Thmany ...  Show more