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