Saudi Arabian firm Foodics, which has created an all-in-one restaurant management system, has raised a $20 million Series B funding round, as it bids to expand into the micro-lending industry. The 2014-founded…
![](https://redherring.wpenginepowered.com/wp-content/uploads/2018/10/26087328517_3ca468b832_k-150x150.jpg)
![](https://redherring.wpenginepowered.com/wp-content/uploads/2018/10/26087328517_3ca468b832_k.jpg)
SoftBank Takes Massive Hit on Stock Tumble, and Saudi Khashoggi Outcry
Japan’s SoftBank Group Corp has devalued by as much as $22 billion, on the back of a global tech stock tumble, and ongoing outrage over Saudi Arabia’s alleged slaying of a prominent…
![](https://redherring.wpenginepowered.com/wp-content/uploads/2017/10/12627606765_ba76974f13_k-150x150.jpg)
![](https://redherring.wpenginepowered.com/wp-content/uploads/2017/10/12627606765_ba76974f13_k.jpg)
The Top Five GCC Startups to Watch Out For
The Middle East has risen, in a short space of time, from a digital backwater to a region of immense tech promise. The Gulf Cooperation Council (GCC) sits atop its valued metrics.…
![](https://redherring.wpenginepowered.com/wp-content/uploads/2017/10/Exchange_banner-150x150.jpg)
![](https://redherring.wpenginepowered.com/wp-content/uploads/2017/10/Exchange_banner.jpg)
Delivery Hero, Berlin’s Food Unicorn, Looks to Middle East for Key Growth
Just a fortnight ago Delivery Hero, the Berlin-based food ordering company, announced impressive financials to back up a June IPO which made it one of Europe’s hottest ‘unicorn’ tech firms. The company, whose…