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Silkhaus, a Dubai-based short-term rental startup, has secured significant growth funding to expand into Saudi Arabia, enhancing its booking platform to meet rising demand for premium accommodations. With a managed property value of $200 million annually, the company aims to dominate the GCC market, leveraging technology to optimize guest experiences and streamline rental management. Key leadership appointments support its ambitious regional strategy, aligning with Saudi Arabia's Vision 2030 tourism goals.
Dubai-based short-term rental startup Silkhaus has secured funding to expand into Saudi Arabia, enhancing its booking platform amid rising demand for premium accommodations. Led by Nuwa Capital and Oraseya Capital, the investment supports Silkhaus's goal to dominate the GCC market, with operations now launched in Riyadh and other key locations. The company aims to leverage technology to optimize rental management and improve guest experiences, positioning itself as a leader in the region's evolving short-term rental landscape.
The Box, a Dubai-based self-storage company, has secured $12.5 million in funding led by Shorooq Partners to expand its facilities in the UAE. This investment aims to enhance urban living by providing flexible storage solutions tailored to the growing expat population and modern logistical needs. The new flagship facility in Dubai will further solidify The Box's market-leading position and commitment to innovative, technology-enhanced storage options.
Joe Barron
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silkhaus secures funding to expand short-term rental operations in saudi arabia
13:56 25.02.2025
the box secures 12.5 million funding to expand self-storage facilities in uae
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12:17 24.02.2025
the box secures 12.5 million funding to enhance self-storage in uae
02:12 21.02.2025
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