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silkhaus secures funding to expand short-term rental operations in saudi arabia
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.