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Silkhaus, a Dubai-based short-term rental startup, has secured growth funding to expand into Saudi Arabia, enhancing its booking platform. With strong investor backing, the company aims to dominate the Middle East's rental market, targeting luxury and mid-market travelers in key locations like Riyadh.
Silkhaus, a Dubai-based short-term rental startup, has secured growth funding to expand into Saudi Arabia, enhancing its booking platform to meet the rising demand for premium accommodations. With strong investor backing, the company aims to dominate the Middle East's rental market, targeting luxury and mid-market travelers. Leadership changes include the appointment of Sabine El Najjar as KSA Managing Director and the promotion of Ankit Shah to Co-Founder and Board Member.
Silkhaus, a Dubai-based short-term rental startup, has secured growth funding to expand into Saudi Arabia, enhancing its booking platform amid rising demand for premium accommodations. With strong investor backing, the company aims to dominate the GCC market, targeting luxury and mid-market travelers. Leadership changes include the appointment of Sabine El Najjar as KSA Managing Director, signaling a strategic push into the booming Saudi market.
Silkhaus is expanding into Saudi Arabia, aiming to become the leading short-term rental platform in the Middle East, driven by the region's growing demand for quality accommodations amid Vision 2030. The startup has secured significant funding, positioning itself for growth in the competitive market. In a related development, UAE-based Dubizzle has acquired Egypt's leading online car marketplace, Hatla2ee, enhancing its presence in the automotive sector and leveraging advanced technology to improve user experience in car transactions.
Silkhaus is expanding into Saudi Arabia, aiming to become the leading short-term rental platform in the Middle East, driven by the region's growing demand for quality accommodations amid Vision 2030. The startup has raised significant funding, positioning itself for growth in the competitive rental market. Meanwhile, Moroccan AI company ToumAI has secured $1 million to enhance customer experience solutions, while fintech leader Tabby raised $160 million in Series E funding, preparing for an IPO and expanding its digital financial services across MENA.
Silkhaus is expanding into Saudi Arabia, aiming to become the leading short-term rental platform in the Middle East, driven by the region's growing demand for quality accommodation amid Vision 2030. The startup has raised significant funding to enhance its technology and guest experiences, positioning itself for future growth in the travel accommodation sector. Meanwhile, Madkhol Capital has secured $2.2 million in seed funding to advance AI-driven investment solutions, aligning with the push for financial innovation in Saudi Arabia.
Aahan Bhojani
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Silkhaus secures funding to expand short-term rentals in Saudi Arabia
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13:02 24.02.2025
silkhaus secures funding to expand short term rental services in saudi arabia
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silkhaus secures funding to expand short term rentals in saudi arabia
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silkhaus secures funding to expand short term rentals in saudi arabia
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silkhaus expands into saudi arabia to lead short term rental market
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silkhaus secures funding to expand short-term rental operations in saudi arabia
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