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Gulf VC MEVP onboards Saudi LP for $150 mn Fund IV

Finance

17 December, 2024

Gulf VC MEVP onboards Saudi LP for $150 mn Fund IV

Middle East Venture Partners (MEVP), a Gulf-focused venture capital firm that backs early and growth-stage tech startups......

UAE to impose 15% minimum top-up tax on large multinationals

Finance

10 December, 2024

UAE to impose 15% minimum top-up tax on large multinationals

The United Arab Emirates will impose a minimum top-up tax (DMTT) of 15% on large multinational companies operating in ......

Private credit firm Golub Capital to set up base in Abu Dhabi

Finance

10 December, 2024

Private credit firm Golub Capital to set up base in Abu Dhabi

US-listed direct lender and private credit manager Golub Capital is opening an office in the UAE's capital Abu Dhabi......

Asset manager Polen Capital to open office in Abu Dhabi

Finance

09 December, 2024

Asset manager Polen Capital to open office in Abu Dhabi

USĀ investment management firm Polen Capital said on Monday it has received preliminary approval for a license to ......

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Amplify Growth aims final close of inaugural debt fund by August 2025

Finance

29 November, 2024

Amplify Growth aims final close of inaugural debt fund by August 2025

Amplify Growth, a joint partnership between Dubai-based asset manager Ajeej Capital and venture capital firm Nuwa ......

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UAE conglomerate's clean energy arm to get European backer for Egypt solar project

Infrastructure

26 November, 2024

UAE conglomerate's clean energy arm to get European backer for Egypt solar project

AMEA Power, the renewable energy arm of UAE-based conglomerate Al Nowais Investments, is set to secure an additional ......

Saudi VC Vision Ventures onboards Jordanian LP for second fund

Finance

25 November, 2024

Saudi VC Vision Ventures onboards Jordanian LP for second fund

Vision Ventures, a Saudi Arabia-based early-stage venture capital firm that backs tech-led startups in the Middle East ......

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Saudi VC SEEDRA onboards sovereign investor as LP for second fund

Finance

20 November, 2024

Saudi VC SEEDRA onboards sovereign investor as LP for second fund

SEEDRA Ventures, a Saudi Arabia-based venture capital firm that backs early-stage companies and currently manages a ......

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VC firm MEVP marks second full exit from Fund II, DPI reaches 118%

TMT

18 November, 2024

VC firm MEVP marks second full exit from Fund II, DPI reaches 118%

Gulf-focused venture capital firm Middle East Venture Partners (MEVP), which invests in early and growth-stage tech ......

Long-time CEO of NEOM goes as Saudi Arabia scales back mega-projects

People

13 November, 2024

Long-time CEO of NEOM goes as Saudi Arabia scales back mega-projects

Nadhmi al-Nasr, the long-time chief executive of the $500 billion NEOM mega-project at the heart of Saudi Arabia's ......

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