There is no dearth of action on the EV front in the country—corporate investments to foreign players coming in and new startups mushrooming. Yet some challenges remain.
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After a long phase of controversies, the world’s largest cryptocurrency exchange just received a $2 billion investment from a prominent Emirati firm. Plus, Pokémon GO comes to the Gulf.
The nearly eight-year-old eyewear retailer recently raised $100 million and has emerged as a rare consumer success story in the region. Its rise holds many takeaways.
Marred by multiple challenges, BluSmart, once a star of the Gensol universe, has become a black hole.