Saudi Arabia is poised to become one of the largest global construction hubs owing to its trillion-dollar infrastructure and the real estate projects that are underway in the country. Yet even as the sector in the country continues to expand exponentially, it remains entrenched in traditional practices, leading to project interruptions and increased costs, says […]
COTU Ventures launches $54M fund for pre-seed and seed startups in MENA
Dubai-based early-stage venture capital firm COTU Ventures is announcing that it has raised $ 54 million for its inaugural fund to support startups in the Middle East from pre-seed to seed stages. With a final close achieved last year, COTU Ventures, which identifies and backs founders from the inception to post-product launch, invests between $ […]
Tencent’s gaming cash cow Honor of Kings sets sights on MENA
Honor of Kings, Tencent’s massively popular mobile game, has its eye set on the international market in 2024. Starting on February 21, the multiplayer online battle arena (MOBA) game will be available in the Middle East and North Africa (MENA) region as well as Eastern Europe and South Asia, according to an announcement from TiMi […]