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Startups flourish from Morocco to Saudi Arabia

CAIRO: Startups across the Middle East and North Africa region managed to raise significant funding rounds, hailing a rebound in the venture capital space. Saudi Arabia’s fintech sector marked a significant stride with LYNK successfully securing an investment round.   This financial boost came from notable backers Al Fozan Holding and Ramla Holding Group, although the investment amount remains undisclosed.  ...
Saudi Arabia Ar Riya Saudi Arabian Willie Walsh Ibtisam Al Shehri Yasmine El Tohamy

Mideast conflict could force gaze of financial institutions away from global economic challenges

TUNIS: The escalation of violence between Israel and Hamas has sparked concerns about its potential impact on the world economy. As the international community watches this tragic spectacle unfold, the question arises: Could this be the pivotal moment when the “Global South” asserts itself as a formidable geo-economic force?...
Saudi Arabia Ar Riya Saudi Arabian Willie Walsh Abdulaziz Al Duailej Yasmine El Tohamy

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'Ethiopia had no interest in Nigeria Air, but for FG's pleas to help' — Saturday Magazine — The Guardian Nigeria News – Nigeria and World News

The management of Ethiopian Airlines (ET) has denied having interest in the controversial Nigeria Air, contrary to erstwhile claim that it emerged the preferred bidder from a ‘rigorous process’
City Of United Kingdom Abuja Federal Capital Territory Mesfin Tasew Nigerian Civil Aviation Authority Ethiopian Airlines

We were begged to establish Nigeria Air – Ethiopian Airlines

Ethiopian Airlines has finally broken its silence over its involvement in the controversial Nigeria Air project launched by the last administration of President Muhammadu Buhari. The largest airline in Africa through its Group Chief Executive Officer, Mr. Mesfin Tasew disclosed that the airline was almost withdrawing from the deal but it was prevailed upon by…
Mesfin Tasew Addis Ababa Olumide Ohunayo Muhammadu Buhari Nigerian Civil Aviation Authority Airline Operators Of Nigeria

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