Egypt-based supply chain technology company Qara is expanding into Saudi Arabia with the help of a $2.6 million funding round. The investment will be used to build a local team and implement technology solutions to address supply chain traceability and product authentication challenges in the Saudi market. Qara's expansion is supported by the Kingdom's National Technology Development Program's Relocate Initiative, which offers incentives and assistance to companies entering the Saudi market. The company's platform provides tools to combat counterfeiting and enhance visibility throughout the supply chain.