Gulf Region News, Analysis & Articles

UAE, Saudi Arabia, Bahrain, Kuwait, Oman, and Qatar

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  • Mastercard will clear Tamatem Plus payments in the Gulf

    Mastercard Gateway will process Tamatem Plus checkouts in more than 13 markets, starting with Saudi Arabia and the UAE. Players can use cards, local methods and telecom wallets. No fee or volume was disclosed.

  • World Bank puts Saudi Arabia and the UAE ahead

    The World Bank put Saudi Arabia and the UAE in the world’s top 25 for model work and heavy computing, and first in the region on data-centre capacity. A jobs lift of up to 20 percent is a forecast. The report announced no new spending.

  • Prince Khalid’s Echelon raises from East40 and RAED

    Echelon closed a round with East40, RAED Ventures, Avra and Ben Horowitz, and did not disclose the amount. The Riyadh firm, founded in 2025, installs foreign tools for Saudi companies and government bodies. A defence unit is planned for 2027.

  • Go Money stays wholly owned after the capital rise

    SAMA approved a rise in Go Money’s capital from SAR 20 million to SAR 138 million. GO Telecom will inject SAR 100 million in cash and capitalise SAR 18 million already advanced. The parent keeps 100 percent. Articles still have to be amended.

  • Retail’s 10% IPO cut is not fixed, inside 90 days

    CMA chairman Mazen Al-Sudairi said reforms for declining stocks, IPO quality and retail participation should land within 90 days. He said the retail slice of offerings should rise toward 30 percent. The 4 October comments are an interview, not a published rule.

  • Last-mile firm Bosta cites 37 million shipments in a year

    Bosta said it won four Egypt titles at the International Business Magazine Awards 2026 and is bracing last-mile operations for Black Friday. A 2025 note from the chief executive cited 37 million shipments. Judges and scoring were not published.

  • Seed round sends Aligator from Education City to GCC

    Doha’s Aligator raised a $1.2 million seed round led by Qatar Development Bank and Media City Qatar’s Next Ventures. The company builds PR agents. Valuation, customers and the private investors were not named in the 30 September note.

  • Investment portfolios doubled as Saudi cover hit SAR 84bn

    MedGulf’s chief executive put Saudi insurers’ investment portfolios at about SAR 60 billion, double the level of four years ago, at an Asharqia Chamber workshop. He also cited a 2% sector margin. The figure is a briefing, not an official asset tally.

  • Egypt’s awards create an Arab Entrepreneur of the Year

    Egypt’s Entrepreneur Awards opened an Arab Entrepreneur of the Year category on 28 September 2026. Firms need an Arab founder, an Arab register and two to ten years of operations. The published jury list names three people. Applications are open.

  • $22 million Series A expands erad corporate financing

    Saudi platform erad closed a $22 million Series A led by MEVP to expand Shariah-compliant corporate financing for SMEs. It cites SAR 500 million deployed and SAR 4 billion in requests. Those figures are company-reported. Valuation was not published.

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