Abu Dhabi
Consumer
SVC, Jada-backed PE firm acquire stake in Saudi edtech company
Saudi Venture Capital (SVC)-backed private equity firm Olive Rock Partners has acquired a strategic stake in a leading Saudi Arabian ......
TMT
Affirma-backed Prime Focus' arm gets a cheque from Middle East investor
Homegrown media services company Prime Focus’ London-based movie technology unit DNEG Group has roped in a Middle Eastern investor for ......
TMT
MENA Digest: Connect Money leads fundraising; Smpl Holdings sets up VC fund
Egyptian fintech startup Connect Money led funding activities in the Middle East and North Africa region this week. It raised $8 ......
Infrastructure
ADNOC gets access to German firm Covestro's books after $12.5-bn takeover offer
German chemicals firm Covestro is giving ADNOC access to its books and stepping up talks based on an improved 11.7 ......
Finance
Shorooq Partners eyes Saudi expansion with ‘oversubscribed' Bedaya Fund II
Shorooq Partners, an Abu Dhabi-based venture capital firm, is set to double down on its commitments in Saudi Arabia from its oversubscribed ......
TMT
UAE-based institute unveils new AI tool to rival big tech
A government research institute in the United Arab Emirates on Monday released a new open source GenAI model, which could ......
Finance
Abu Dhabi's IHC to hold buyback of up to $1.36 bn
International Holding Company (IHC), Abu Dhabi's largest listed company, said on Monday it would buy back up to 5 billion ......
TMT
ADQ, Oman Investment Authority float VC fund to make bets in buzzing MENA startup market
Gulf sovereign wealth investors – Abu Dhabi’s ADQ and Oman Investment Authority – have jointly floated a tech-focussed venture capital ......
Infrastructure
Abu Dhabi's TAQA in talks with investors of Spanish firm Naturgy for possible takeover
Abu Dhabi's TAQA is in talks with the three largest shareholders of Spanish energy firm Naturgy with a view to ......
General
Abu Dhabi's IHC raises stake in Adani Enterprises
Abu Dhabi conglomerate International Holding Co (IHC) said on Tuesday it has increased its stake in India's Adani Enterprises to ......
