Yalla revenue growth returns to double-digits ahead of new gaming push
The Middle Eastern social media company reported its strongest revenue growth in two years as it prepares to launch two new self-developed games later this year Key Takeaways: Yalla’s revenue…
BRIEF: Lenovo to build Saudi manufacturing base, production set for 2026
Lenovo Group Ltd. (0992.HK) announced Wednesday it has completed its sale of a three-year, $2 billion interest-free convertible bond to Alat, a subsidiary of Saudi Arabia's Public Investment Fund (PIF),…
Yalla holds out 2025 as its ‘Year of the Game’ as growth picks up
The Middle Eastern social media company held two major live events in the third quarter, as it prepares to start testing its new self-developed mid-core games by year-end Key Takeaways:…
Yalla takes its gaming act on the road as search continues for new growth engines
The Middle Eastern social media and gaming company has been building up its fan base through a series of major real-world events since the end of last year Key Takeaways:…
Lenovo makes critical calculation with Middle East pivot
The PC giant’s new tie-up with the Alat unit of Saudi Arabia’s sovereign wealth fund will give it access to new funds and help it establish a regional headquarters in…
Yalla in cruise mode as it looks for new racetrack to test its tires
The Middle Eastern social media and gaming company reported its revenue rose 7.1% in the first quarter, as its profit increased much faster on greater efficiencies Key Takeaways: Yalla’s revenue…
Yalla bets on hardcore gamers in bid to jumpstart growth
The Middle Eastern social networking and gaming company recently launched its first two games targeting serious players after months of testing, hoping they can become a major new growth driver…