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Detailed stories on technology startups, business and economic current affairs.
Conflict between the funds’ respective startup portfolios, brand confusion and increasing complexity of maintaining centralized regulatory compliance were cited as factors behind the breakup.

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.