Start-ups and entrepreneurship

An image of Karim Attiyeh.

Meet Karim Attiyeh, youngest Arab American billionaire of Lebanese origin

Karim Attiyeh, a Lebanese-born technologist, has been named by Forbes Middle East as the youngest billionaire of Arab origin in the United States, joining the list of the 125 richest immigrant billionaires in the US.

Men walk past shops selling mobile phones in the Damascus Tower market, which specializes in the smart phone business, in the Syrian capital on January 12, 2025.

Analysis

Syria’s internet reboot takes shape amid outreach to Gulf telecoms

The new government is taking steps to rapidly overhaul one of the world’s most troubled internet systems by working with Gulf telecoms to build a new fiber-optic network.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

NYSE

Analysis

US stock plunge poses dilemmas for Gulf investors while exposing PIF, Mubadala risks

Middle East investors are bracing for steep losses and questioning about their long-term investments in America amid a drop in the US stock market.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Analysis

China’s DeepSeek triumph sparks billion-dollar AI dilemmas for Gulf investors

Middle Eastern countries could benefit from new cost-effective AI systems such as those created by DeepSeek in lieu of US AI companies.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Latest News

Analysis

Oman’s sleepy tech sector showing signs of promise

Preparations for 44.01's first project in UAE are well underway. This DAC + mineralisation pilot with ADNOCGroup , Masdar and FNRC will be the first carbon negative project by an energy company in the Middle East.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Google reportedly offers $23B for Israeli cybersecurity firm Wiz

Chemi Peres: Israeli tech back to business, cyber security among most resilient

FABRICE COFFRINI/AFP via Getty Images

AI and cloud investments dominate Saudi Arabia's LEAP tech summit

Photo from LEAP 2024.

JACK GUEZ/AFP via Getty Images

Analysis

Protests across Israel against judicial reform rattle Netanyahu

Facing American warnings and mass demonstrations across Israel, Prime Minister Benjamin Netanyahu may find it impossible to continue with his judicial overhaul.

In Tel Aviv, reporting on national security, Israeli politics, defense

THOMAS KIENZLE/AFP via Getty Images

Israel approves $33 million for quantum computing consortium

Building on its technological knowhow and entrepreneurship, Israel hopes to become a major player in quantum computing.

A view shows the solar tower of Israel's Ashalim power station surrounded by panels, in the Negev desert near the kibbutz of Ashalim on Aug. 20, 2022.

Israel earmarks residential rooftops for electricity production

The new strategy of the Ministry of Energy includes encouraging residential buildings to install solar panels that would then be connected to the national electricity grid.

The United Arab Emirates' (UAE) minister of industry and advanced technology, Sultan al-Jaber (L), looks on as John Kerry, the US president's climate envoy, tours the Global Manufacturing and Industrialisation (GMIS) Summit in Dubai on November 22, 2021. (Photo by AFP) (Photo by -/AFP via Getty Images)

PRO: Middle East climate tech startups to be hot investment in 2023

A handful of regional firms have received significant investments recently.

Al-Monitor Staff

By Al-Monitor Staff

Autonomous bus

Israel launches $17m self-driving public bus project

The Transportation Ministry decided on the companies that would be authorized to launch a two-year pilot program of autonomous public transportation.

Employees work at the call centre of the Algerian delivery company Yassir, at the company's headquarters , in the capital Algiers on February 23, 2022. - It's the Algerian start-up that made good: despite the country's notoriously complex business climate, taxi and home-delivery firm Yassir has millions of users and is expanding across Africa.

The Business & Tech Briefing: Maghreb startup funding takes off

In this weekly newsletter, Al-Monitor CEO Greg Cohen rounds up the biggest business stories from the region.

Completed customer orders are seen in their boxes, awaiting delivery, at the Amazon Fulfillment Center.

Amazon to open online grocery store in UAE

The US retail giant has also been in the news regarding Saudi Arabia and Egypt recently.

United Arab Emirates

Jordan's Queen Rania opens the Paris Peace Forum

Israel skips Paris Peace Forum

Hosting young entrepreneurs and civil groups from across the globe, the Paris Peace Forum could have been an opportunity for Israelis to meet with counterparts from Algeria, Qatar and other countries that lack diplomatic relations with Jerusalem.

Data center

Residents in Israel warn against wave of server farm construction

With Google and Amazon winning the tender for a Cloud region in Israel, more data centers will be coming, but some residents have concerns about the environment and quality of life.

The AgrIsrael Sea the Future Conference, Eilat, Oct. 19, 2022.

Israel pushes aquaculture cooperation in answer to global food security

Israel’s Agriculture Minister Oded Forer talks with Al-Monitor about the first-ever international summit on food grown in the sea and the desert, held this week in Eilat.

Amazon Egypt storefront.

Amazon Egypt launches page for Egyptian handicrafts

Amazon Egypt launched a new page for thousands of Egyptian handicrafts and heritage products, with the aim of supporting and encouraging Egyptian products.

Israel Barbivai

Israel, Turkey promote increasing bilateral trade

On an official visit to Turkey, Minister of Economy and Industry Orna Barbivai met with her counterparts, advancing the re-convening of the joint economic conference.