Analysis US stock plunge poses dilemmas for Gulf investors while exposing PIF, Mubadala risks Middle East investors are bracing for steep losses and questioning about their long-term investments in America amid a drop in the US stock market. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Analysis China’s DeepSeek triumph sparks billion-dollar AI dilemmas for Gulf investors Middle Eastern countries could benefit from new cost-effective AI systems such as those created by DeepSeek in lieu of US AI companies. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Analysis Oman’s sleepy tech sector showing signs of promise Global investors are putting millions into an Omani carbon removal startup, signaling a breakthrough for a market that has lagged behind Gulf neighbors targeting tech growth. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Google reportedly offers $23B for Israeli cybersecurity firm Wiz Israel's Wiz is one of the world’s fastest-growing startups, having reached $350 million annual recurring revenue last year, and provides services to more than 40% of Fortune 100 businesses. Israel
Israel earmarks residential rooftops for electricity production The new strategy of the Ministry of Energy includes encouraging residential buildings to install solar panels that would then be connected to the national electricity grid. Israel
PRO: Middle East climate tech startups to be hot investment in 2023 A handful of regional firms have received significant investments recently. By Al-Monitor Staff
Israel launches $17m self-driving public bus project The Transportation Ministry decided on the companies that would be authorized to launch a two-year pilot program of autonomous public transportation. Israel
The Business & Tech Briefing: Maghreb startup funding takes off In this weekly newsletter, Al-Monitor CEO Greg Cohen rounds up the biggest business stories from the region. North Africa
Amazon to open online grocery store in UAE The US retail giant has also been in the news regarding Saudi Arabia and Egypt recently. United Arab Emirates
Israel skips Paris Peace Forum Hosting young entrepreneurs and civil groups from across the globe, the Paris Peace Forum could have been an opportunity for Israelis to meet with counterparts from Algeria, Qatar and other countries that lack diplomatic relations with Jerusalem. Israel
Residents in Israel warn against wave of server farm construction With Google and Amazon winning the tender for a Cloud region in Israel, more data centers will be coming, but some residents have concerns about the environment and quality of life. Israel
Israel pushes aquaculture cooperation in answer to global food security Israel’s Agriculture Minister Oded Forer talks with Al-Monitor about the first-ever international summit on food grown in the sea and the desert, held this week in Eilat. Israel
Amazon Egypt launches page for Egyptian handicrafts Amazon Egypt launched a new page for thousands of Egyptian handicrafts and heritage products, with the aim of supporting and encouraging Egyptian products. Egypt
Israel, Turkey promote increasing bilateral trade On an official visit to Turkey, Minister of Economy and Industry Orna Barbivai met with her counterparts, advancing the re-convening of the joint economic conference. Israel
NFT art, industry boom in Israel Israel might have gotten a late start on NFT art, but it's catching up quickly with active artists and groups on all social networks. Israel
Israel seeks technological cooperation with US What Israel perceives as inflexible American demands on data security might stand in the way of establishing true technological cooperation between Israel and the United States. Israel
