Mohammed Sergie

Editor, Semafor Gulf at Semafor

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Articles

Gulf calls for calm after Israel strikes Iran

2 weeks ago | semafor.com | Mohammed Sergie |Kelsey Warner

Israel decapitated Iran’s military leadership, launching air strikes on nuclear facilities and ballistic missile bases intended to end Tehran’s atomic weapons program. Gulf countries condemned the attack: Saudi Arabia’s foreign minister held calls with counterparts in Iran, Jordan, and Egypt to avoid a wider flare-up, while the UAE urged “the utmost self-restraint” and called on the UN Security Council to take measures to “achieve a ceasefire.” Oil at one point spiked more than 10%.
OPEC+ increases output again, potentially lowering prices

3 weeks ago | semafor.com | Mohammed Sergie

What once shocked markets is now becoming routine: for the third straight month, OPEC+, led by Saudi Arabia, agreed to raise output, potentially lowering prices. It’s the opposite of what cartels are supposed to do. Goldman Sachs forecasts oil averaging $60 a barrel this year and dipping to $56 in 2026. Eurasia Group puts the range between $45 and $75 a barrel through 2027 — a steep drop from the $88 average between 2022 and 2024.
Syria signs first reconstruction deal valued at $7B

4 weeks ago | semafor.com | Mohammed Sergie

Syria signed its first major reconstruction deal, sealed weeks after US President Donald Trump decided to lift sanctions in a signal of a shifting regional order. Washington’s envoy to Syria Thomas Barrack was present at the signing of the $7-billion gas and solar power project, as were US military officers working alongside predominantly Kurdish forces who had battled against Islamic State militants.
Syria signs first reconstruction deal valued at $7B

4 weeks ago | yahoo.com | Mohammed Sergie

The NewsSyria signed its first major reconstruction deal, sealed weeks after US President Donald Trump decided to lift sanctions in a signal of a shifting regional order. Washington’s envoy to Syria Thomas Barrack was present at the signing of the $7-billion gas and solar power project, as were US military officers working alongside predominantly Kurdish forces who had battled against Islamic State militants.
Syria signs first reconstruction deal valued at $7B

4 weeks ago | flipboard.com | Mohammed Sergie

20 hours agoOn a visit to Damascus Thursday, newly appointed US envoy to Syria Thomas Barrack inked a $7 billion energy deal between Syria and a Qatari-US-Turkish consortium. Barrack also called for an Israel-Syria non-aggression pact and raised the flag over the US ambassador's residence in a sign of warming …
Saudi’s AI company HUMAIN plans $10B venture fund

1 month ago | semafor.com | Mohammed Sergie

Saudi Arabia’s new artificial intelligence platform HUMAIN plans to launch a $10 billion venture fund and build out data center capacity worth as much as $77 billion, its CEO said. The company, backed by the Public Investment Fund, is also seeking investment from US tech giants, and is in talks about joint projects with OpenAI, Elon Musk’s xAI, and Andreessen Horowitz, Chief Executive Tareq Amin told the Financial Times.
Saudi’s AI company HUMAIN plans $10B venture fund

1 month ago | flipboard.com | Mohammed Sergie

State Street’s Second Bid to Bring Private Credit to the MassesThe fund giant is launching a new ETF, even though its first has failed to gain traction Welcome to Going Private, Bloomberg’s twice-weekly newsletter …
The Syrian entrepreneur gunning to be Ukraine’s drone king

1 month ago | semafor.com | Mohammed Sergie

Drone warfare has become central to Ukraine’s defense against Russia, where cheap, nimble aircraft are being deployed to counter superior firepower. What began as modified hobbyist drones have evolved into a large industry which experts say could position Ukraine as a leading supplier of low-cost weapons for the drone age. Riding that wave is Khaled Alfaiomi, a Syrian-born cybersecurity expert and entrepreneur, operating under a pseudonym for safety reasons.
The Syrian entrepreneur gunning to be Ukraine’s drone king

1 month ago | yahoo.com | Mohammed Sergie

The ScoopDrone warfare has become central to Ukraine’s defense against Russia, where cheap, nimble aircraft are being deployed to counter superior firepower. What began as modified hobbyist drones have evolved into a large industry which experts say could position Ukraine as a leading supplier of low-cost weapons for the drone age. Riding that wave is Khaled Alfaiomi, a Syrian-born cybersecurity expert and entrepreneur, operating under a pseudonym for safety reasons.
Gulf’s first woman-led private equity firm closes debut fund

1 month ago | semafor.com | Mohammed Sergie

Aliph Capital, the first woman-founded private equity firm in the Gulf, closed its debut fund at $200 million and plans to invest in two companies this year. The Abu Dhabi-based firm raised 20% less than its target during “one of the hardest” periods for private equity globally, founder and CEO Huda Al Lawati told Semafor on the sidelines of the Qatar Economic Forum. Investors include Abu Dhabi sovereign wealth fund ADQ, the Saudi Public Investment Fund’s Jada, and Saudi Venture Capital.