MENA Digest: Salla gets $130 mn in pre-IPO funding; Arcapita raises $500-mn fund
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MENA Digest: Salla gets $130 mn in pre-IPO funding; Arcapita raises $500-mn fund

By Dilasha Seth

  • 08 Mar 2024
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MENA Digest: Salla gets $130 mn in pre-IPO funding; Arcapita raises $500-mn fund
Credit: 123RF.com

The Middle East and North Africa (MENA) region recorded a surge in dealmaking activity this week with a slew of late-stage fundings, led by Saudi software startup Salla raising a pre-IPO investment round. It secured mega funding from Bahrain-based asset manager Investcorp, Saudi sovereign investor PIF-owned Sanabil Investments, and STV. ......

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