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Intelligence

Understand what is happening: deep strategic analysis through the region's lens, without the hype.

Artificial intelligence reshapes the travel experience in Saudi Arabia, from spatial crowd management to self-service booking agents M. Jay M. Jay
Intelligence

Artificial intelligence reshapes the travel experience in Saudi Arabia, from spatial crowd management to self-service booking agents

Listen to this article Read by Anchor With the world celebrating World Tourism Day on September 27, Saudi Arabia places AI tools at the core of the operational infrastructure of the hospitality and visitation sector, as part of its path toward attracting 150 million visits annually by 2030. Technological transformation
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3 min read
EFG Holding borrows $40 million from European Bank for Reconstruction and Development to provide direct liquidity for small enterprises in Egypt M. Jay M. Jay
Intelligence

EFG Holding borrows $40 million from European Bank for Reconstruction and Development to provide direct liquidity for small enterprises in Egypt

Listen to this article Read by Anchor The Egyptian EFG Holding group secured a unsecured senior loan of $40 million for four years from the European Bank for Reconstruction and Development (EBRD), in a deal aimed at broadening financing available to micro, small and medium enterprises in the Egyptian market.
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2 min read
Saudi platform Rise secures a $50 million Murabaha facility from Jadwa Investment, shifting real-estate tech from equity drain to contract liquidity M. Jay M. Jay
Intelligence

Saudi platform Rise secures a $50 million Murabaha facility from Jadwa Investment, shifting real-estate tech from equity drain to contract liquidity

Listen to this article Read by Anchor The Saudi real-estate technology platform "Rise" received an asset-backed Murabaha facility worth 187.5 million Saudi riyals, equivalent to $50 million, from Jadwa Investment, to finance its growing portfolio of residential lease contracts. The structural value of this step
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2 min read
BRKZ raises $31 million to digitize construction purchases with pricing algorithms and automation entering building sites M. Jay M. Jay
Intelligence

BRKZ raises $31 million to digitize construction purchases with pricing algorithms and automation entering building sites

Listen to this article Read by Anchor BRKZ, a Riyadh-based platform that digitizes construction material purchases, raised $31 million in a new financing round that combines equity and debt instruments to strengthen pricing algorithms and operational automation in a sector that has relied for decades on manual transactions and
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3 min read
From chat and photo to grocery basket: how delivery platforms turn the shopping experience into a digital dialogue M. Jay M. Jay
Intelligence

From chat and photo to grocery basket: how delivery platforms turn the shopping experience into a digital dialogue

Listen to this article Read by Anchor The simultaneous announcement by Instacart and Shepet of AI-powered shopping assistants moves digital grocery retail from traditional search interfaces to automatically building a shopping basket through conversation and images. Instacart launched its new tool Clementine within its digital marketplace, while Shepet introduced
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3 min read