شركات اليونيكورن والشركات المتوسعة عالية النمو
MNT-Halan plans to sell 20 percent of its Egyptian arm on the EGX in October, 320 million shares, price still unset. Turkey, Pakistan and the UAE stay private. The sale is secondary. A June group valuation of $1.4 billion is not the offer price.
Saudi fintech barq has closed a USD 329.5 million Series A at a USD 1.85 billion valuation, becoming the Kingdom's newest unicorn after passing 15 million users and SAR 440 billion in funds processed in two years.
UAE-based fintech Fasset has raised 68 million dollars in a Series C led by Japan's SBI Group, hitting a 1 billion dollar valuation and unicorn status. The stablecoin neobanking platform reached the milestone just three months after its Series B.
Saudi Arabia's Kafalah program has surpassed 100 billion riyals in financing guarantees, unlocking more than 140 billion riyals in total lending to over 28,000 SMEs. The guarantee mechanism multiplies modest public backing into vast private credit.
Etihad GO, the turnaround Saudi telecom operator, grew Q2 revenue 36 percent and net profit 11 percent. The growth is real, but the gap between them shows margin compressing to 14 percent from 17 percent as expansion costs rise faster than revenue.
Egyptian startup Simplex has spent 50 million dollars opening a new CNC machinery factory in 10th of Ramadan City and broken ground on a third. It is a company that makes the machines other factories use, scaling with Gulf backing and exports to 34 countries.
Dr Sulaiman Al Habib Medical Group lifted first half revenue to around 7.4 billion riyals, up 13 percent. But the story underneath is a company spending heavily on 2,000 new beds and absorbing the cost before that capacity fills and profit fully follows.
Emergent has gone from launch to unicorn in barely a year, raising 130 million dollars in a Series C that values it at 1.5 billion dollars, a fivefold jump in six months, as it sets its sights on accelerating expansion across the Gulf.
The contest over Delivery Hero's most valuable assets just escalated from speculation into something more concrete. Ninja, the Saudi quick commerce unicorn, has hired global and local banks to advise it on a potential acquisition of Delivery Hero's Middle East businesses, according to Asharq and Bloomberg.
Few business stories come with a twist this neat. Ninja, the Saudi quick commerce unicorn, is reportedly weighing a bid for HungerStation, the delivery platform one of Ninja's own founders built before selling it years ago. Talks are early, but the prospect alone could reshape the regional delivery scene.