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 builds on COP27 with electric bus deal The deal follows Egypt hosting the COP27 climate change conference, during which Egypt also announced a plan to develop high-speed rail. Egypt
Middle East climate tech startups to be hot investment in 2023, but market still lags Samuel Wendel In Washington, DC, reporting on regional business and tech
Another vertical farm comes to Saudi Arabia Vertical farming has great potential to help alleviate rising desertification in the Middle East, which could threaten the region’s food supply in the future. Gulf
Globes, Statista publish list of fastest growing companies in Israel Israeli tech is experiencing a downturn even as the Israeli government is working to attract new workers to the sector. Israel
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
Dubai’s AMEA Power advances wind, solar projects in Egypt The project is one of many that Emirati entities have announced this year. Egypt could benefit from more renewable energy, but already has some solar and wind plants in the country. Egypt
Saudi Arabia to build giant solar power plant The plant, which will be partially owned by the Saudi sovereign wealth fund, will have more output than other solar energy facilities in the region if all goes to plan. Gulf
UAE’s cryptocurrency ambitions to continue despite FTX crash Samuel Wendel In Washington, DC, reporting on regional business and tech
Saudi electric car company Ceer to build factory near Red Sea Ceer, which will be Saudi Arabia’s first electric vehicle-maker, is the latest Saudi project to help the oil-rich kingdom diversify. Gulf
American VC fund 500 Global comes to Egypt despite tech downturn Some startups in Egypt are struggling, which is part of a wider regional trend. Egypt
Saudi Arabia approves two new AI companies Saudi Arabia and the UAE are both intent on growing their artificial intelligence sectors. Gulf
Abu Dhabi launches new cryptocurrency hub despite downturn Despite a global slump, cryptocurrency is growing in the UAE in line with the government’s diversification goals. Gulf