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KIA-owned Kuwait Investment Company exits oil and gas firm

Manufacturing

30 November, 2023

KIA-owned Kuwait Investment Company exits oil and gas firm

Sovereign wealth fund Kuwait Investment Authority (KIA)-owned Kuwait Investment Company (KIC) has exited oil and gas ......

Gulf Digest: Modus Capital backs eight startups; Anghami, PureHealth in M&A deals

TMT

24 November, 2023

Gulf Digest: Modus Capital backs eight startups; Anghami, PureHealth in M&A deals

Dealmaking in the Middle East during the week was marked by key mergers and acquisitions. The UAE-based online streaming......

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Dubai's NB Ventures floating VC fund with India partner after making LP, direct bets

Finance

24 November, 2023

Dubai's NB Ventures floating VC fund with India partner after making LP, direct bets

Dubai-based venture capital firm NB Ventures, which makes direct bets on growth-stage startups as well as limited ......

Chimera-owned Lunate, BNY Mellon set up wealth-tech firm Alpheya

Finance

21 November, 2023

Chimera-owned Lunate, BNY Mellon set up wealth-tech firm Alpheya

Chimera Investments-owned alternative investment manager Lunate and US bank BNY Mellon are investing in Alpheya, a ......

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How Aster DM Healthcare's India and Gulf ops stack up as it looks to sell GCC biz

Healthcare

16 November, 2023

How Aster DM Healthcare's India and Gulf ops stack up as it looks to sell GCC biz

Mumbai-listed healthcare services provider Aster DM Healthcare Ltd has been working to separate its India and Gulf ......

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How Vaibhav Kashyap went from fighting obesity to founding a wellness insurance startup

TMT

14 November, 2023

How Vaibhav Kashyap went from fighting obesity to founding a wellness insurance startup

Vaibhav Kashyap weighed 96 kg in ninth grade. “I ate a lot and moved very little,” he says. But that ......

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Aim to back Asian firms eyeing Middle East expansion from new fund: Gulf Capital CEO

Finance

09 November, 2023

Aim to back Asian firms eyeing Middle East expansion from new fund: Gulf Capital CEO

The UAE-based private equity firm Gulf Capital is set to roll out its fourth fund that it expects will have ......

Gulf Digest: Tabby gets unicorn tag; Noon, SpiderSilk pocket new cheques

TMT

03 November, 2023

Gulf Digest: Tabby gets unicorn tag; Noon, SpiderSilk pocket new cheques

The Middle East region recorded a couple of high-value deals this week, with the funding activity spearheaded by ......

Gulf Digest: Proptech firm Nomad Homes, EV player Neo Mobility lead startup funding

TMT

27 October, 2023

Gulf Digest: Proptech firm Nomad Homes, EV player Neo Mobility lead startup funding

Dealmaking in the Middle East spiked in the third week of October led by a slew of early-stage, high-value funding ......

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Gulf Capital ups fourth fund size, eyes region's largest growth buyout vehicle

Finance

27 October, 2023

Gulf Capital ups fourth fund size, eyes region's largest growth buyout vehicle

Gulf Capital has increased the target size of its planned fourth private equity fund to be deployed across ......

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