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Saudi sovereign wealth fund signs $50 bn of MoUs with Chinese firms

Finance

02 August, 2024

Saudi sovereign wealth fund signs $50 bn of MoUs with Chinese firms

Saudi Arabia's sovereign wealth fund PIF has signed six memorandums of understanding (MoUs) worth a total of $50 ......

Egypt's MNT-Halan says Turkish acquisition to help expand consumer credit, factoring

TMT

01 August, 2024

Egypt's MNT-Halan says Turkish acquisition to help expand consumer credit, factoring

Egyptian microfinance lending and payments company MNT-Halan's recent purchase of Turkey's biggest nonbank micro......

UAE's National Pulse invests in Singapore fintech firm Aleta Planet

TMT

01 August, 2024

UAE's National Pulse invests in Singapore fintech firm Aleta Planet

United Arab Emirates' strategic management company National Pulse has invested in Singapore-based payments solutions......

UAE's Masdar plans more European bets after $887 mn Spanish solar deal

Infrastructure

30 July, 2024

UAE's Masdar plans more European bets after $887 mn Spanish solar deal

United Arab Emirates' renewable energy company Masdar is seeking more opportunities in Europe's green energy ......

Middle East firms eye Europe but some deals face headwinds

General

25 July, 2024

Middle East firms eye Europe but some deals face headwinds

As Abu Dhabi's ADNOC sets its sights on an 11.7 billion euro ($12.74 billion) takeover of German chemical maker ......

Saudi sovereign wealth fund PIF appoints new head of investment strategy

Finance

24 July, 2024

Saudi sovereign wealth fund PIF appoints new head of investment strategy

Saudi Arabia's sovereign wealth fund, which manages around $925 billion, has appointed a new head of its investment ......

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Jordan's ISSF raises LP-style bet on early-stage VC fund

TMT

22 July, 2024

Jordan's ISSF raises LP-style bet on early-stage VC fund

Jordan’s Innovative Startups and Small and Medium Enterprises Fund (ISSF) made a limited partner-style follow-on ......

MENA Digest: Web3 startup Sentient Labs, Omani firm pocket fat cheques

TMT

19 July, 2024

MENA Digest: Web3 startup Sentient Labs, Omani firm pocket fat cheques

Dealmaking activity in the Middle East and North Africa (MENA) region was led by two big-ticket early-stage funding ......

Standard Chartered boosts private bank team in UAE, Singapore, Hong Kong

Finance

18 July, 2024

Standard Chartered boosts private bank team in UAE, Singapore, Hong Kong

Standard Chartered has hired more than a dozen new bankers to its private banking teams in Singapore, Hong Kong and ......

Alpha Dhabi Holding unit forms $680 mn JV with US vertical farming startup Plenty

Consumer

18 July, 2024

Alpha Dhabi Holding unit forms $680 mn JV with US vertical farming startup Plenty

U.S. vertical farming startup Plenty is forming a joint venture with Mawarid, a subsidiary of Alpha Dhabi Holding, in a......

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