Carrefour’s UAE Exit, Adnoc’s $18.7B Bid With...

A UAE-backed entity emerges as a major shareholder behind World Liberty Financial’s planned crypto bank, Emirati entrepreneur Rihab Al Gurg builds Mina Creamery, and Dubai Airports avoids layoffs despite a sharp drop in passenger traffic. 

HEADLINES:• Two Saudi Brothers Just Hit a $1.4 Billion Fortune as Humain Deal Expands • Mubadala in Line for Payout as Shein’s Valuation Drops to $27 Billion • Meet Mr Pratik Kachroo, Executive Director at Khamas Hospitality Newsletter: https://aug.us/4jqModrWhatsApp: https://aug ...  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

MenaBytes Headlines 1. HungerStation’s COO, CMO & CHRO also leave amid ongoing leadership reshuffle by Delivery Hero 2. Amazon rebrands Souq to launch Amazon.ae 3. European on-demand delivery startup exits Egypt leaving over 40 employees and 3,000 delivery partners without work 4 ...  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

HEADLINES:♦ Lunate to Set Up $2B Joint Investment Platform with Brevan Howard at ADGM♦ Kuwait Revokes Al Sabah Newspaper and TV Licences♦ Norway Fund Dumps Caterpillar, Israeli Banks Over Rights Abuses♦ Egypt to Launch High-Speed Electric Train Network in 2026 Newsletter: https:/ ...  Show more