Russia launches two Iranian satellites into orbit as ties grow The launch from Russia is the latest sign of the growing ties between Tehran and Moscow in a range of sectors. Iran
Saudi's PIF downsizes foreign investment, turns to AI, domestic priorities Saudi Arabia's sovereign wealth fund is looking to invest in tourism, real estate and sustainability as its Vision 2030 deadline draws closer. Saudi Arabia
Analysis How new US AI framework could impact UAE, Saudi ambitions The framework comes as the UAE has deepened its AI ties with the United States in recent months over a series of visits to Washington by senior Emirati officials. By Jack Dutton , Samuel Wendel
Egypt venture capital funding tops $500M in 2022: Report Egypt led the Middle East and North Africa in the number of venture capital deals last year, according to a report by MAGNiTT. Egypt’s overall economy continues to struggle. Egypt
Pressure from business, tech sectors likely to push Israel's government to compromise on judicial reforms Pro: A proposal by Israel's new Netanyahu-led government to overhaul the judiciary risks harming the Israeli business environment. Here's what is at stake. David Rosenberg In Tel Aviv, reporting on business and tech
Cryptocurrency exchange Kraken closes Abu Dhabi office Emirati officials are still bullish about the future of cryptocurrency, but the crash in the market has hit the UAE hard. Gulf
Saudi Arabia announces vertical farming venture with US AeroFarms Vertical farming is on the rise in Saudi Arabia and the United Arab Emirates. Gulf
Israeli tech sector has big problem with Netanyahu’s judicial reform It is not only political activists who are demonstrating against the judicial overhaul pushed by the Netanyahu government — high-tech companies and people have also joined the protest movement. Israel
From spaceports to startups, Gulf countries race to boost space sector As the global space race accelerates, the Middle East is becoming a rising hub of activity with ample opportunities to carve out an impactful role in the space economy. (PRO subscribers only, access with free trial) Samuel Wendel In Washington, DC, reporting on regional business and tech
UAE defends crypto push at World Economic Forum amid FTX fallout Emirati Minister Omar Sultan Al Olama discussed Samuel Bankman-Fried’s infamous trip to Dubai, cryptocurrency regulation, decentralized finance and more in Davos. Gulf
China hackers found to have compromised Iran entities for months A Chinese hacking group targeted multiple Iranian government bodies in 2022 using advanced malware, according to an industry report. Iran
UAE to store carbon dioxide in rocks The carbon mineralization project is part of the Abu Dhabi National Oil Company's $15 billion investment in decarbonization initiatives. Gulf
Electric vehicle manufacturing competition revving up in Middle East 2023 is expected to be a big year for electric vehicle production in the Middle East. Here's what to expect. (access with free trial) Samuel Wendel In Washington, DC, reporting on regional business and tech
Uber Travel now available in Saudi Arabia, UAE, Egypt The American ride-hailing giant faces significant competition in the Middle East and North Africa, but continues to expand in the region. Gulf
Israeli company to work on 3D printed eel with Singapore Singapore is the only country in the world that allows the sale of so-called lab meat, and Israel has a growing lab meat sector. Israel