MENA startup funding falls 42% by February, Morocco caught up by Qatar

Startup funding in the Middle East and North Africa (MENA) saw a sharp decline in February 2026, reflecting heightened competition among emerging regional hubs and a cautious investment climate. According to data compiled by Wamda and Digital Digest, startups in the MENA region raised $326.6 million across 62 deals last month, marking......

Forbes: fewer Arab billionaires but greater combined wealth in 2026

The latest global billionaire ranking published by Forbes reveals that although the number of Arab billionaires has slightly declined, their total wealth has grown significantly over the past year. According to the report, the Middle East and North Africa (MENA) region now counts 37 Arab billionaires in 2026, compared with 39......

Qatar Airways resumes limited flights as Gulf airspace crisis deepens

Qatar Airways has resumed a limited number of flights as the regional airspace crisis triggered by the conflict involving Iran enters its third week, leaving millions of passengers stranded and disrupting global aviation routes. The military campaign launched by the United States and Israel against Iran on February 28 has produced the most......

Replit raises 400 million dollars, triples valuation to 9 billion

Replit, the AI powered coding platform known for popularizing “vibe coding,” has raised 400 million dollars in a Series D funding round that values the company at 9 billion dollars, tripling its valuation in just six months. The company announced the investment alongside the launch of Agent 4, its newest AI development tool, and......

Shell and TotalEnergies declare force majeure on Qatari LNG supply contracts

Shell, TotalEnergies, and several companies in Asia have declared force majeure on downstream contracts linked to Qatari liquefied natural gas deliveries, according to a Reuters report citing sources familiar with the matter. The move follows Qatar’s own force majeure declaration earlier in March after disruptions triggered by attacks......

European gas prices fall sharply as Trump signals Iran war may end soon

European natural gas prices dropped sharply after a surge triggered by the conflict involving the United States, Israel, and Iran, as traders reacted to comments from U.S. President Donald Trump suggesting the war could end in the near future. The benchmark Dutch TTF gas price, the main reference for European gas markets, had nearly doubled......

Indian restaurants face shutdowns amid cooking gas shortages due to Iran conflict

India's restaurant and hospitality sector is facing severe disruptions as cooking gas supplies dwindle due to tensions in the Middle East. The ongoing conflict involving Iran has affected shipping in the Gulf and the Strait of Hormuz, raising fuel costs and limiting deliveries of liquefied petroleum gas (LPG) to Indian businesses. The......

Aramco nears full pipeline capacity as Saudi Arabia reroutes oil exports

Saudi Aramco expects to reach the full capacity of its East West crude oil pipeline within days as Saudi Arabia works to maintain exports while the Strait of Hormuz remains effectively closed due to Iranian military control. Chief Executive Amin Nasser warned that the crisis represents the most serious disruption the regional oil and gas industry......

US LNG exporters gain windfall as Iran conflict disrupts global gas supply

Western energy companies not reliant on Persian Gulf supplies are emerging as the main financial winners as the United States and Israel’s war with Iran enters its second week, with American liquefied natural gas exporters positioned for what analysts describe as one of the largest commodity windfalls since the early 2000s. The surge......

Palm oil prices jump nearly 10 percent as Hormuz crisis boosts biofuel demand

Palm oil prices surged nearly 10 percent on March 9, marking the largest single day increase since the global commodity shock of 2022, as soaring crude oil prices triggered stronger demand for agricultural biofuels and disruptions in the Strait of Hormuz drove fertilizer costs higher. The benchmark palm oil contract for May 2026 delivery......

Wall Street banks offer UAE staff temporary relocation amid Iran conflict

Several major Wall Street banks have offered employees in the United Arab Emirates the option of temporarily relocating as missile and drone attacks linked to the conflict involving Iran continue to affect the Gulf region. Goldman Sachs, Morgan Stanley and Citigroup have informed staff in the UAE that they may move to alternative locations......

Oil surge to $120 revives global push for renewable energy

The ongoing war involving the United States and Israel against Iran has disrupted a significant share of global energy supplies, pushing oil prices sharply higher and renewing calls worldwide to accelerate the transition toward locally produced renewable energy. Now entering its second week, the conflict has halted roughly one fifth of the......

Several explosions heard in Doha amid escalating regional tensions

Several loud explosions were heard Monday in different areas of Doha, the capital of Qatar, according to journalists on the ground. The blasts were accompanied by warning sirens and occurred on the tenth day of the ongoing conflict affecting parts of the Middle East. Witnesses reported that the explosions echoed across several districts of......

This website, walaw.press, uses cookies to provide you with a good browsing experience and to continuously improve our services. By continuing to browse this site, you agree to the use of these cookies.