International
Finance
Egyptian venture capital firm Acasia gears up for second tech fund
Acasia Ventures, an Egypt-based venture capital firm that backs early-stage tech startups is set to roll out a second ......
Finance
Oman sovereign wealth fund's total assets rise to $49.9 bn in 2023
The assets of Oman's sovereign wealth fund stood at 19.2 billion rials ($49.9 billion) at the end of 2023, up ......
Infrastructure
Qatar Airways to buy 25% stake in South African carrier Airlink
Qatar Airways will take a 25% stake in South Africa-based regional carrier Airlink as both airlines seek to boost ......
TMT
MENA Digest: Volume low this week; July funding amount jumps threefold
Startup funding activity in the Middle East and North Africa region this week was led by UAE-based meals aggregator ......
People
Dubai Future District Fund sees change of guard as CEO steps down
Dubai Future District Fund (DFDF), the region’s first evergreen venture capital fund-of-fund is undergoing a change of......
Finance
African PE Mediterrania eyes final close of Fund IV with oversubscription
Mediterrania Capital Partners, a Malta-based private equity firm that manages assets worth $800 million, is aiming to ......
Others
ADQ to pick up stake in auction house Sotheby's
Abu Dhabi wealth fund ADQ and Sotheby's majority owner Patrick Drahi will invest $1 billion in the auction house in ......
Finance
African PE firm Helios set to rope in returning LP for fifth outing
Helios Investment Partners, one of Africa's largest private equity firms that manages assets worth over $3 billion, ......
Finance
AIIM closes pan-Africa Infra Fund IV with oversubscription
African Infrastructure Investment Managers (AIIM), an infrastructure-focused private equity firm, has marked the final ......
Finance
South Africa's Maia Capital closes debut fund at one-third of initial aim
Maia Capital Partners, a mezzanine investment firm that aims to make impact investments in South African firms marked ......
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