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In Charts: How Dubai Future District Fund deployed corpus across startups, VC funds

Finance

15 April, 2024

In Charts: How Dubai Future District Fund deployed corpus across startups, VC funds

The Dubai Future District Fund (DFDF), the region’s first evergreen venture capital fund-of-funds, has committed about a fifth of its ......

UAE's ADNOC recently eyed BP as takeover target

Manufacturing

12 April, 2024

UAE's ADNOC recently eyed BP as takeover target

The United Arab Emirates' state-owned oil company recently considered buying Britain's BP but the deliberations did not progress beyond preliminary ......

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Gulf Islamic Investments plans third India-focused fund

Finance

06 March, 2024

Gulf Islamic Investments plans third India-focused fund

The UAE-based Gulf Islamic Investments (GII), which manages assets worth more than $4.5 billion in private equity, venture capital and ......

MENA Digest: Saudi firm CoreVision buys VeFund; MoneyHash, Hayi get funding

TMT

01 March, 2024

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 it ......

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Dubai's MEVP scores maiden ‘dragon' exit and first full harvest from second VC fund

TMT

26 February, 2024

Dubai's MEVP scores maiden ‘dragon' exit and first full harvest from second VC fund

Middle East Venture Partners (MEVP), a Dubai-based venture capital firm which invests in early- and growth-stage tech startups, has made ......

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Gulf Succession Partners' Husseini on managing one of the first search funds in the region and more

Finance

13 February, 2024

Gulf Succession Partners' Husseini on managing one of the first search funds in the region and more

Gulf Succession Partners, one of the first search funds operating out of the Middle East, recently bagged $440,000 from 17 ......

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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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Gulf Capital makes third exit move within five months

Consumer

09 January, 2024

Gulf Capital makes third exit move within five months

The UAE-based private equity firm Gulf Capital has exited a company that was part of the portfolio of its third ......

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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 ......

Asia wealth managers flock to Dubai as clients look to diversify

Finance

08 January, 2024

Asia wealth managers flock to Dubai as clients look to diversify

A growing number of wealth managers in Asia are setting up offices in Dubai, capitalising on warming diplomatic ties between ......