African Endorsements for Saudi Arabia’s bid to host Expo 2030 gain momentum

After Morocco, Saudi Arabia has received official backing from Mauritania, Djibouti and Zambia for its bid to host Expo 2030 in Riyadh. Saudi top diplomat, Prince Faisal bin Farhan, Wednesday made a phone call to his Zambian counterpart Stanley Kakubo Read more

Egyptian digital investment start-up Thndr sews $20 million in Series A funding

Egyptian digital investment start-up Thndr has raised $20 million in Series A funding round to develop products and expand across the Middle East and North Africa (MENA), Zawya reports. Tiger Global, BECO Capital and Prosus Ventures with Base Capital led Read more

Saudi dairy giant Almarai takes full control of Modern Food Industries

Saudi dairy giant Almarai Co. Has, through its subsidiary Western Bakeries Co., acquired 25 percent of Modern Food Industries, becoming the full owner of the Indian company. Almarai will inject an additional $67 million into the company. Through this acquisition, Read more

Two Tunisian women including Premier Najla Bouden on Forbes list of 5 Arab Women Who Made History In 2021

U.S-based Forbes magazine has named two Tunisian women including the country’s first female Prime Minister Najla Bouden on its 5 Arab Women Who Made History in 2021 shortlist. Bouden made history in September after incumbent President Kais appointed her Prime Read more