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.

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