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Riyadh's Hades Financial readies $500 mn India plan for direct, LP bets

Finance

19 July, 2024

Riyadh's Hades Financial readies $500 mn India plan for direct, LP bets

Hades Financial Private Capital Group (HFPCG), a Riyadh-based investment management firm and a limited partner that manages assets worth $6.1 ......

Edmond de Rothschild to open Saudi office, launch debt platform

Finance

14 June, 2024

Edmond de Rothschild to open Saudi office, launch debt platform

Edmond de Rothschild Group, a specialist in asset management and private banking, is set to open an office in Saudi ......

Saudi wealth fund PIF in talks to create boxing league

Consumer

12 June, 2024

Saudi wealth fund PIF in talks to create boxing league

Saudi Arabia's Public Investment Fund (PIF) is in discussions with multiple boxing stakeholders to create a league, potentially reshaping the ......

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MENA Digest: SiFi,  Elevate raise funds; May VC funding up 5 times from April, down 58% YoY

TMT

07 June, 2024

MENA Digest: SiFi, Elevate raise funds; May VC funding up 5 times from April, down 58% YoY

Saudi Arabia-based fintech startup Simplified Financial Solutions Company (SiFi) led funding activity in the Middle East and North Africa (MENA) ......

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Shorooq Partners eyes Saudi expansion with ‘oversubscribed' Bedaya Fund II

Finance

05 June, 2024

Shorooq Partners eyes Saudi expansion with ‘oversubscribed' Bedaya Fund II

Shorooq Partners, an Abu Dhabi-based venture capital firm, is set to double down on its commitments in Saudi Arabia from its oversubscribed ......

MENA Digest: Agritech startups iyris, YoLa Fresh bag big cheques

TMT

31 May, 2024

MENA Digest: Agritech startups iyris, YoLa Fresh bag big cheques

The Middle East and North Africa (MENA) region saw a slew of growth-stage startup funding deals this week, led by ......

Saudi government files papers to sell fresh stake in Aramco for potential $13 bn

Economy

31 May, 2024

Saudi government files papers to sell fresh stake in Aramco for potential $13 bn

Saudi Arabia's government on Thursday filed papers to sell a new stake in state oil giant Aramco that could raise ......

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Saudi PIF-backed Jada commits capital to healthcare-focused PE fund

Finance

28 May, 2024

Saudi PIF-backed Jada commits capital to healthcare-focused PE fund

Saudi Arabia’s Public Investment Fund (PIF)-backed Jada Fund-of-Funds has struck its third limited partner style bet this year, backing a ......

Saudi Arabia plans $10-bn Aramco share sale

Manufacturing

27 May, 2024

Saudi Arabia plans $10-bn Aramco share sale

Saudi Arabia is planning a multi-billion-dollar share sale in energy giant Aramco as soon as June in what would be ......

MENA Digest: Egyptian startup OneOrder, Saudi SaaS firm Merit lead funding

TMT

24 May, 2024

MENA Digest: Egyptian startup OneOrder, Saudi SaaS firm Merit lead funding

Dealmaking in the Middle East and North Africa region during the week was propelled by high-value, growth-stage fundraises by tech-led ......