News
Virtuzone Plans To Build V-Shaped Metaverse Skyscraper
The tower would offer a business ecosystem for freelancers, digital nomads, remote employees, and budding entrepreneurs.
Not content with creating “Mr. Musky”, the world’s first metaverse salesperson, the UAE’s tech startup scene is aiming even higher, with plans to erect an entire office tower inside of the digital universe. The project will be managed and executed by Virtuzone, in collaboration with pax.world.
It will function in much the same way as a traditional brick-and-mortar building, serving the freelance and digital nomad economy and acting as a virtual office and meeting space.
The tower is simply called “The V” and it will offer a fully interactive ecosystem complete with video conferencing, event spaces, and other function rooms, as well as metaverse avatars and a comprehensive suite of communication tools.
The idea behind the project is to incorporate real services and solutions into a completely digital space, enabling seamless communication and networking, plus solutions for accounting and auditing. The tower will even act as a hub for establishing highly tax-efficient legal entities and help businesses utilize legal decentralized autonomous organization structures (DAOs) while pairing with real-world offices and mailing addresses.
“It is our vision as a company to be at the helm of creating a borderless business environment, where geographical boundaries do not exist, and entrepreneurs from all over the world enjoy the freedom to do business and transact with one another in a secure environment,” says George Hojeige, CEO of Virtuzone.
Also Read: Intel And Broadcom Show Off Super-Fast Wi-Fi 7 Technology
Millions of digital nomads and freelancers from around the globe will be drawn to the V tower, which will serve as a metaverse headquarters. The building will also bolster the UAE’s digital economy, attracting investors and helping to shape the region’s continual digital development.
News
Rabbit Expands Hyperlocal Delivery Service In Saudi Arabia
The e-commerce startup is aiming to tap into the Kingdom’s underdeveloped e-grocery sector with a tech-first, locally rooted strategy.
Rabbit, an Egyptian-born hyperlocal e-commerce startup, is expanding into the Saudi Arabian market, setting its sights on delivering 20 million items across major cities by 2026.
The company, founded in 2021, is already operational in the Kingdom, with its regional headquarters now open in Riyadh and an established network of strategically located fulfillment centers — commonly known as “dark stores” — across the capital.
The timing is strategic: Saudi Arabia’s online grocery transactions currently sit at 1.3%, notably behind the UAE (5.3%) and the United States (4.8%). With the Kingdom’s food and grocery market estimated at $60 billion, even a modest increase in online adoption could create a multi-billion-dollar opportunity.
Rabbit also sees a clear alignment between its business goals and Saudi Arabia’s Vision 2030, which aims to boost retail sector innovation, support small and medium-sized enterprises, attract foreign investment, and develop a robust digital economy.
The company’s e-commerce model is based on speed and efficiency. Delivery of anything from groceries and snacks to cosmetics and household staples is promised in 20 minutes or less, facilitated by a tightly optimized logistics system — a crucial component in a sector where profit margins and delivery expectations are razor-thin.
Despite the challenges, Rabbit has already found its stride in Egypt. In just over three years, the app has been used by 1.4 million customers to deliver more than 40 million items. Revenue has surged, growing more than eightfold in the past two years alone.
Also Read: Top E-Commerce Websites In The Middle East In 2025
CEO and Co-Founder Ahmad Yousry commented: “We are delighted to announce Rabbit’s expansion into the Kingdom. We pride ourselves on being a hyperlocal company, bringing our bleeding-edge tech and experience to transform the grocery shopping experience for Saudi households, and delivering the best products – especially local favorites, in just 20 minutes”.
The company’s growth strategy avoids the pitfalls of over-reliance on aggressive discounting. Instead, Rabbit leans on operational efficiency, customer retention, and smart scaling. The approach is paying off, having already attracted major investment from the likes of Lorax Capital Partners, Global Ventures, Raed Ventures, and Beltone Venture Capital, alongside earlier investors such as Global Founders Capital, Goodwater Capital, and Hub71.
Rabbit Expands Hyperlocal Delivery Service In Saudi Arabia
Alienware Just Announced Six New Gaming Monitors
Infinite Reality Acquires Napster In $207 Million Deal
Tesla Announces Upcoming Saudi Arabia Debut On April 10
