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Detailed stories on technology startups, business and economic current affairs.
One of the largest-ever funding rounds among the Middle East startups, Carrefour’s latest exits and other updates from the week.

قصص آنية ومفصلة ومكتوبة بعناية من المنطقة
Timely, detailed and well-written stories from the region
Welcome to The Gulf Report, a weekly newsletter that brings you the latest developments in tech and business from the Middle East.
Another week, another fintech fundraise and it is a big one too. Saudi Arabia’s Hala has raised $157 million—including some debt—in one of the largest fintech rounds in the Middle East and North Africa region.
The fundraise has been led by investment firm TPG and Sanabil, a unit of Saudi’s sovereign wealth fund PIF. More importantly, it reportedly values Hala at around $900 million, pushing it into the big league of the Gulf fintech ecosystem. Some of the …
آراء حول أحدث التطورات في الأعمال والاقتصاد من محرر الشرق الأوسط
Views on the latest happenings in business and economy from our ME Editor