Saudi Arabia
TMT
Saudi PIF, STC Group likely to bid for Spanish Cellnex's Austrian unit
Saudi Arabia's STC Group and sovereign fund PIF may bid for the Austrian unit of Spanish mobile phone tower ......
Finance
Saudi Arabia's PIF hits $749 bn in assets under management
Saudi Arabian sovereign wealth fund PIF's managed assets reached 2.81 trillion riyals ($749.2 billion) in 2023, ......
Finance
In Charts: Saudi Venture Capital doubles down on commitments in 2023
Riyadh’s state-owned institution Saudi Venture Capital (SVC), which manages assets worth $2.2 billion, almost doubled ......
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 ......
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......
Finance
Investcorp set to mark final close of Saudi Pre-IPO Growth Fund
Bahrain-based alternative investment firm Investcorp, which manages assets worth $50 billion across the globe, is set to......
TMT
MENA Digest: Saudi firm CoreVision buys VeFund; MoneyHash, Hayi get funding
Saudi investment firm CoreVision led dealmaking activity in the Middle East and North Africa region during the week as ......
TMT
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 ......
Finance
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 ......
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