International
Finance
Flashback 2024: How startup funding fared in MENA region
The Middle East and North Africa (MENA) region recorded a further moderation in startup funding activity in 2024, in ......
TMT
DFDF-backed social media app Vuz taps new investor in fresh funding round
Dubai Future District Fund (DFDF)-backed immersive social media app Vuz is set to secure commitment from a new investor ......
Finance
Saudi VC firm RAED Ventures gets another LP for third fund
RAED Ventures, a Saudi Arabia-based venture capital firm that backs early-stage startups and manages a portfolio of over......
Economy
Most Gulf central banks follow US Fed in cutting key interest rates
Most central banks of the Gulf Cooperation Council cut key interest rates on Wednesday, following the Federal Reserve&#......
TMT
Digital bank Tyme gets $150 mn from Brazil's Nubank, enters unicorn club
Brazilian digital bank Nubank said on Monday it has invested $150 million in Tyme Group, a Singapore-based digital......
Finance
Riyadh Valley Company strikes third limited partner-style bet this year
Riyadh Valley Company (RVC), the investment arm of King Saud University, has made its third limited partner-style ......
Finance
UAE's Key Capital eyes first close of debut secondaries fund, builds deal pipeline
Key Capital, a UAE-based investment firm focused on secondaries transactions, is raising its debut fund and is aiming to......
Infrastructure
UAE conglomerate Al Nowais' arm to get another backer for Egypt solar project
AMEA Power, the clean energy arm of the UAE-based conglomerate Al Nowais Investments, is set to secure an investment ......
TMT
MENA Digest: UAE's Wafeq, BioSapien get biggest funding cheques this week
The UAE-based startups led the funding activity in the Middle East and North Africa region this week with fintech ......
Finance
UAE president names Blackstone's Gray, others to board of ADNOC investment arm XRG
United Arab Emirates President Sheikh Mohamed bin Zayed Al Nahyan approved a board of directors for XRG, state oil giant......
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