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Detailed stories on technology startups, business and economic current affairs.
Prosus, one of the edtech firm’s key backers, says its board representative was unable to fulfil his fiduciary duty as the management ignored his inputs

2026 is on track to be the second-highest year ever for dealmaking in the MENA region.
A dismal track record in portfolio management services doesn’t help the firm as it takes its first steps in a crowded industry dominated by some heavyweights.
The startup isn’t sure where its future lies—in electric motorcycles or the more recently announced electric scooter? Unsurprisingly, none of the products have amounted to anything so far.