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MENA Digest: Ejari bags a big cheque; fintechs OCTA, Krti, Qpay get funding

TMT

11 October, 2024

MENA Digest: Ejari bags a big cheque; fintechs OCTA, Krti, Qpay get funding

Dealmaking activity in the Middle East and North Africa region this week was led by Saudi Arabian e-grocery delivery ......

ADIA writes off 9.9% stake in struggling British utility Thames Water: Report

Infrastructure

09 October, 2024

ADIA writes off 9.9% stake in struggling British utility Thames Water: Report

Abu Dhabi's sovereign wealth fund, one of the largest shareholders in Thames Water, has written off its nearly 9.9% ......

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Fintech to remain key investment theme in MENA: Panellists at LP Summit Dubai 2024

TMT

07 October, 2024

Fintech to remain key investment theme in MENA: Panellists at LP Summit Dubai 2024

Fintech, which has emerged as one of the most funded sectors in the Middle East and North Africa region, will ......

Abu Dhabi's ADNH Catering sets price range for IPO

Consumer

07 October, 2024

Abu Dhabi's ADNH Catering sets price range for IPO

Abu Dhabi National Hotels could raise as much 864 million dirhams ($235 million) from the initial public offering of its......

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MENA Digest: Saudi's Al Menu leads funding activity; Global Ventures onboards new LP

TMT

04 October, 2024

MENA Digest: Saudi's Al Menu leads funding activity; Global Ventures onboards new LP

Saudi Arabian foodtech SaaS firm Al Menu led startup funding activities in the Middle East and North Africa region this ......

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LP Summit Dubai 2024: Digitalization to lead UAE's investment strategy, say panellists

General

03 October, 2024

LP Summit Dubai 2024: Digitalization to lead UAE's investment strategy, say panellists

Traditionally known for its oil sector, the UAE is now turning its focus towards manufacturing and technology, as the ......

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Tokenisation grabbing eyeballs but comes with challenges: Panellists at LP Summit Dubai 2024

TMT

01 October, 2024

Tokenisation grabbing eyeballs but comes with challenges: Panellists at LP Summit Dubai 2024

Tokenisation of real assets is gaining traction in emerging markets but continues to face challenges due to lack of a ......

Qatar Airways to buy 25% stake in Virgin Australia from Bain Capital

Infrastructure

01 October, 2024

Qatar Airways to buy 25% stake in Virgin Australia from Bain Capital

Qatar Airways will buy a 25% stake in Virgin Australia from U.S. private equity firm Bain Capital, posing a tougher ......

South African lender Investec opens office in Dubai's financial centre

Finance

26 September, 2024

South African lender Investec opens office in Dubai's financial centre

South African lender Investec has opened an office in the Dubai International Financial Centre (DIFC), it said on ......

UAE's Masdar buys Brookfield's Saeta Yield in $1.4 bn deal

Infrastructure

24 September, 2024

UAE's Masdar buys Brookfield's Saeta Yield in $1.4 bn deal

United Arab Emirates' renewable energy company Masdar said on Tuesday it has reached an agreement to buy green ......

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