Middle East
Finance
DFDF to tread cautiously as VC in 2024 but bullish on LP bets
Dubai Future District Fund (DFDF), a backer of 24 startups and venture capital funds, outlined its “cautious venture ......
People
Saudi Venture Capital appoints Nora Alsarhan as deputy CEO
Riyadh’s state-owned Saudi Venture Capital (SVC), which manages assets worth $2.2 billion, has appointed Nora M ......
Finance
VC investments in Middle East fall year-on-year but rise from pre-pandemic levels
Venture capital investments in the Middle East declined during 2023, albeit not too significantly, with the region ......
Healthcare
Mubadala acquiring Afro-Indian pharma platform in landmark PE exit for DPI, others
Abu Dhabi’s sovereign investor Mubadala Investment Company, which manages assets worth $276 billion in more than 50 ......
TMT
MENA Digest: Startups strike early-stage deals but overall activity slows
Early-stage funding deals drove dealmaking in the Middle East and North Africa region, even though overall activity ......
TMT
MENA Digest: Mazadak grabs $10 mn as Saudi startups lead funding activity
Dealmaking activity in the Middle East and North Africa region increased this week, led by a slew of early-stage funding......
Infrastructure
How Investcorp plans to deploy $750-mn climate fund across four key sectors
Mubadala-backed alternative investment firm Investcorp, which manages assets worth over $50 billion across the globe, ......
Finance
Saudi Venture Capital strikes its first LP bet of 2024
Riyadh’s state-owned Saudi Venture Capital (SVC) has struck its first limited partner-style bet for this year in an ......
Finance
Saudi Arabia's Jada backs US fund in maiden venture debt LP bet
Saudi Arabia’s Public Investment Fund (PIF)-backed Jada Fund of Funds struck its first venture debt investment, its ......
Finance
MENA Digest: Salla gets $130 mn in pre-IPO funding; Arcapita raises $500-mn fund
The Middle East and North Africa (MENA) region recorded a surge in dealmaking activity this week with a slew of ......
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