{
Sujit Chakraborty

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bahrain based cake startup lola secures funding for gcc expansion

Basata Holding has increased its stake in Jordan's MadfoatCom to 25%, enhancing its role in the region's digital payments landscape. This strategic investment, made in collaboration with Jordanian financial institutions, aims to improve financial inclusion and digital infrastructure, particularly for SMEs. The partnership is expected to drive innovation and expand access to financial services in Jordan.
ArabFounders
United Arab Emirates Dirham United States Dollar Bahraini Dinar ARE EGY BHR SAU JOR Simanta Das Othman Janahi Vimal Kumar Sujit Chakraborty Hasan Haider Show more
Business & Industry, News Article
14:25 25.02.2025

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

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.
ArabFounders
BHR Wadih Haddad Othman Janahi Sujit Chakraborty Joe Barron Show more
Business & Industry, Market Report
13:56 25.02.2025
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