Yalla sees ‘inflection point’ next year as new gaming initiative takes flight
After a year of preparations, the Middle Eastern social media company launched its first self-developed midcore game during the third quarter Key Takeaways: Yalla kept its revenue growth streak alive…
WuXi AppTec frees up money for Middle East push
The drugs services giant has stepped up sales of non-core Chinese assets to concentrate on its international expansion, with plans for a base in Saudi Arabia Key Takeaways: The company…
UAE president meets OASI founder Zhang Hucheng as firm sets up headquarters in the region
The maker of planes, vehicles and ships used for defense and patrol applications is part of a growing wave of advanced Chinese manufacturers that see big potential in the region…
Yalla rallies on share buyback, hopes for upcoming midcore game
The Middle Eastern social media and gaming company announced it will launch a highly anticipated self-developed midcore game in the third quarter Key Takeaways: Yalla reported its revenue rose 6.5%…
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:…
