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MENA Digest: Lokalee, Maalexi get pre-Series A cheques; MEVP backs Clinicy

TMT

12 January, 2024

MENA Digest: Lokalee, Maalexi get pre-Series A cheques; MEVP backs Clinicy

Dealmaking in the Middle East and North Africa region accelerated in the second week of 2024, with a slew of ......

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In Charts: How Middle East sovereign funds are cementing their global dominance

Finance

08 January, 2024

In Charts: How Middle East sovereign funds are cementing their global dominance

Sovereign wealth funds of Saudi Arabia and other Middle Eastern nations deployed more capital in 2023 than the year before ......

Saudi wealth fund PIF splashes cash in 2023 as Singapore's GIC slows investments

Finance

02 January, 2024

Saudi wealth fund PIF splashes cash in 2023 as Singapore's GIC slows investments

Saudi Arabia's Public Investment Fund accounted for about a quarter of the almost $124 billion spent by sovereign wealth funds ......

Gulf Digest: Two Saudi startups propel deal momentum this week

General

29 December, 2023

Gulf Digest: Two Saudi startups propel deal momentum this week

Funding activity in the Middle East was led by growth-stage funding of two startups during the final week of 2023.  Soum ......

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Flashback 2023: How startup dealmaking panned out across the MENA region

TMT

29 December, 2023

Flashback 2023: How startup dealmaking panned out across the MENA region

The Middle East and North Africa (MENA) region has recorded a surge in startup activity over the last few years ......

Gulf Digest: Saudi startup co-founded by ex-Zomato exec, SaaS firm Blink get funding

TMT

08 December, 2023

Gulf Digest: Saudi startup co-founded by ex-Zomato exec, SaaS firm Blink get funding

Saudi tech startups Omniful and Blink led dealmaking in the Middle East region in the first week of December. Both ......

Gulf Digest: Flow48, Immensa, four others amass over $75 mn in funding

TMT

01 December, 2023

Gulf Digest: Flow48, Immensa, four others amass over $75 mn in funding

The UAE-based fintech startup Flow48 grabbed the biggest funding cheque in the Middle East this week while two other companies ......

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Saudi PIF-backed Jada makes first LP bet on private credit fund

Finance

29 November, 2023

Saudi PIF-backed Jada makes first LP bet on private credit fund

Saudi Arabia’s Public Investment Fund (PIF)-backed Jada Fund of Funds has made its first limited partner-style investment in a private ......

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 Mubadala-backed buy-now-pay-later ......

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 ......