Yemen: Houthi rebels unveil four locally-made defense systems

The Iran-backed Yemeni Houthi rebels unveiled Sunday four new defense systems made locally that will, they claim, change the course of the fight with the Saudi-led international coalition. The rebel group’s agency Saba reported that the systems, dubbed “Saqib 1, Saqib 2, Saqib 3 and Fatir 1” were developed locally. The group’s political leader Mahdi […]

Kuwait’s online toy shop Teeela eyes regional market expansion

Kuwait-based gifting e-commerce platform and toy shop Teeela is set to expand in the Middle East region to tap into the $30 billion gifting market, following a Pre-Series A funding round that raised $3.75 million, Zawya reports. Saudi Arabian investment firm Wealth Well, Mad’a Investment Company, Al-Akeel family and several other investors injected $3.75 million […]

Côte d’Ivoire-Morocco: Maroc Telecom announces new investments

Maroc Telecom, the partly state-owned telecommunications operator in Morocco, which is the third mobile operator in Côte d’Ivoire under its local branch Moov, announced it is increasing its investments in the West African country. The announcement was made by the company’s CEO Abdeslam Ahizoune at a meeting with Ivorian President during a visit to Abidjan. […]