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VC investments in Middle East fall year-on-year but rise from pre-pandemic levels

Finance

27 March, 2024

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 appearing as a ......

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Investcorp set to mark final close of Saudi Pre-IPO Growth Fund

Finance

07 March, 2024

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 wrap up fundraising ......

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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 ......

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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 ......

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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 ......

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UAE's VentureSouq taps another Saudi limited partner for new fintech fund

Finance

14 September, 2023

UAE's VentureSouq taps another Saudi limited partner for new fintech fund

VentureSouq, a UAE-based venture capital firm, has roped in another Saudi Arabian limited partner (LP) for its second fintech fund, ......

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Saudi PIF-backed Jada makes LP bet on female-led private equity fund

Finance

31 August, 2023

Saudi PIF-backed Jada makes LP bet on female-led private equity fund

Jada Fund of Funds, which is backed by Saudi Arabia’s Public Investment Fund (PIF), has invested in an Abu Dhabi-based ......

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PIF-backed Jada, Saudi Venture Capital make LP bets on Investcorp, Shorooq funds

Finance

16 June, 2023

PIF-backed Jada, Saudi Venture Capital make LP bets on Investcorp, Shorooq funds

Saudi Venture Capital and a unit of the Gulf kingdom’s sovereign wealth fund have made limited partner-style bets on two ......

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Check out Saudi wealth fund PIF-owned Sanabil's India exposure

Finance

25 April, 2023

Check out Saudi wealth fund PIF-owned Sanabil's India exposure

Sovereign wealth funds from the Middle East such as Abu Dhabi Investment Authority have been active investors in India for ......