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UAE

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 ......

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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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ADQ-backed Filipino fintech Salmon set to snag fresh equity funding

TMT

22 December, 2023

ADQ-backed Filipino fintech Salmon set to snag fresh equity funding

Fintech Holdings Ltd, a Filipino fintech firm that operates under the Salmon brand and counts Abu Dhabi sovereign wealth fund ......

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Ruya Partners' Omar Al Yawer on why private credit is picking up in Middle East and more

Finance

13 December, 2023

Ruya Partners' Omar Al Yawer on why private credit is picking up in Middle East and more

Abu Dhabi-based private credit firm Ruya Partners was set up in late 2020 by Rashid Siddiqi and Mirza Beg. Omar Al Yawer joined ......