WeWork to open its first space in Dubai this year, The Luxury Closet and Yumamia raise investments, Bayut expands to Saudi and Airbnb launches in Arabic.
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Here's what's happening in the tech, startup and VC universe today: 1. The Luxury Closet wraps up growth round with $11 million, acquires Hong Kong-based Guiltless 2. Bayut expands to Saudi 3. Yumamia raises $1.5 million Pre-Series A, plans expansion to Saudi 4. Airbnb launches Arabic website and mobile app 5. Exclusive: WeWork to open first coworking space in Dubai by Q4 2019
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