/
•
•
The seven-year-old startup quietly shut shop and founder Sharmin Ali stopped answering questions, leaving the investors high and dry.

CargoX gets a $250 million cheque from a prominent investment firm; the Gulf is shining in the upcoming American tech IPOs; and Abu Dhabi has hit pause on rental increases.
The managing partner at Key Capital talks about his new—and the region’s first-ever—secondaries fund and why long investment cycles are not everyone’s cup of tea.
The Mideast tech giant is scaling back verticals in Saudi Arabia and possibly rethinking global operations.