Saudi Arabia
Finance
Riyadh Valley Company backs venture capital firm in second LP bet this year
Riyadh Valley Company (RVC) has made its second limited partner-style investment this year as it backed a Saudi Arabian ......
TMT
Saudi multi-asset investor Artal Capital strikes second bet from maiden PE fund
Artal Capital, a Riyadh-based multi-asset investment firm that manages assets worth over $600 million, has struck a ......
Manufacturing
Saudi PIF-backed Dussur sells stake in JV to GE Vernova
U.S. power equipment maker GE Vernova said on Monday it has acquired the remaining ownership stake in a Saudi gas ......
Finance
Saudi's PIF signs revolving credit facility of $15 bn for 23 financial institutions
Saudi Arabia's $925 billion sovereign wealth fund, the Public Investment Fund (PIF), said on Wednesday it had signed......
Finance
VC firm Waad Investment launches debut fund with $200 mn target
Waad Investment, a Saudi Arabia-based venture capital firm backed by a consortium of Gulf-based investors and family ......
Finance
Golden Gate Ventures' Lints on portfolio mix for first MENA fund, LPs and more
Golden Gate Ventures (GGV), a Singapore-based early-stage venture capital firm that launched a $100 million target ......
TMT
MENA Digest: Volume low this week; July funding amount jumps threefold
Startup funding activity in the Middle East and North Africa region this week was led by UAE-based meals aggregator ......
Manufacturing
Saudi PIF to invest up to $1.5 bn in EV maker Lucid
Lucid Group said on Monday its largest shareholder, Saudi Arabia's Public Investment Fund, will inject up to $1.5 ......
Finance
Saudi sovereign wealth fund signs $50 bn of MoUs with Chinese firms
Saudi Arabia's sovereign wealth fund PIF has signed six memorandums of understanding (MoUs) worth a total of $50 ......
TMT
MENA Digest: Pathfinder leads funding this week; Saudi's OTO gets another VC onboard
UAE-based retail technology solutions provider Pathfinder led funding activity in the Middle East and North Africa ......
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