Riyadh
5 stories from Middle East Affairs.
Saudi fintech Nayla raises $18 million for micro-business lending
Nayla, a Saudi fintech providing AI-powered lending to micro-businesses, has raised approximately $18 million in equity and debt financing.
Al-Ahly coach defends squad depth, emphasizes defensive issues
Al-Ahly manager Marino Boseitch said the club needs to strengthen multiple positions and defended recent tactical decisions in a pre-match press conference.
US approves $5 billion arms sale to Saudi Arabia
The United States has approved a $5 billion sale of bombs, guidance kits and military equipment to Saudi Arabia, citing threats from Iran and Yemen-based Houthi militants.
Airlines stagger return to Middle East routes amid operational uncertainty
International airlines are resuming some Middle East services while maintaining suspensions on other routes, with cancellations on some lines extending into early 2027.
Saudi corporate travel platform FlyAkeed raises $25.15 million
FlyAkeed, a Saudi corporate travel platform, has raised $25.15 million in equity and Islamic financing to expand its deferred-payment offering for large enterprises.