Middle East
Infrastructure
Alpha Dhabi Holding to sell stake in oilfield services firm to JV with ADNOC Drilling
Alpha Dhabi Holding, a unit of Abu Dhabi’s International Holding Company (IHC), will transfer its controlling stake in......
Infrastructure
Aramco to buy 50% of Air Products Qudra's blue hydrogen business
Saudi oil giant Aramco has signed final agreements to buy 50% of the blue hydrogen industrial gases business of Air ......
TMT
MENA Digest: UAE startups lead weekly funding; investment activity slows in June
At least three UAE-based startups secured venture capital funding during the week, even as the overall deals activity in......
TMT
US lawmakers raise worries about China in Microsoft deal with Emirati AI firm G42
Republican lawmakers asked the Biden administration for an intelligence assessment of Microsoft's $1.5 billion ......
Consumer
SVC, Jada-backed PE firm acquire stake in Saudi edtech company
Saudi Venture Capital (SVC)-backed private equity firm Olive Rock Partners has acquired a strategic stake in a leading ......
Finance
In Charts: UAE dominates PE-VC activity in H1 2024 but Saudi Arabia makes a leap
The United Arab Emirates continued to dominate private equity and venture capital deals activity in the Middle East ......
Infrastructure
Egyptian, Emirati companies sign $500 mn real estate deal in Egypt
Egypt's Safwat Kaliouby Group (SKG) holding company and Emirati KSH Investment Company have signed a 24 billion ......
Finance
DFDF CEO on funding trends and why MENA startups didn't see steeper valuation drop
Dubai Future District Fund (DFDF), the region’s first evergreen venture capital fund-of-fund, has deployed over a ......
Infrastructure
Saudi PIF-owned Riyadh Air forms partnership with US carrier Delta Air
Riyadh Air has partnered with U.S. carrier Delta Air Lines as the Saudi startup carrier grows its potential network ......
Finance
UAE's Global Ventures gets bigger cheque from returning LP for third fund
Global Ventures, a UAE-based growth-stage venture capital firm that manages a portfolio of over 60 companies, has ......
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