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MENA Digest: Egypt's Nawy, Saudi startup WakeCap bag big Series A cheques

TMT

16 May, 2025

MENA Digest: Egypt's Nawy, Saudi startup WakeCap bag big Series A cheques

Nawy, an Egyptian proptech startup that offers a full stack of the real estate ecosystem, led funding activity in the ......

Abu Dhabi sovereign wealth fund Mubadala's assets jump 9% in 2024

Finance

08 May, 2025

Abu Dhabi sovereign wealth fund Mubadala's assets jump 9% in 2024

Mubadala Investment Company's assets under management jumped 9.1% last year to 1.2 trillion dirhams ($326.74 billion......

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UAE's second search fund Oryx Legacy targets acquisition of mid-sized firm

Finance

06 May, 2025

UAE's second search fund Oryx Legacy targets acquisition of mid-sized firm

Oryx Legacy, the second-ever search fund launched in the UAE, is currently looking for a profitable, mid-sized local ......

Crypto industry descends on Dubai as Trump euphoria recedes

General

01 May, 2025

Crypto industry descends on Dubai as Trump euphoria recedes

Crypto enthusiasts descended on Dubai on Wednesday, gathering under the Gulf's scorching sun and hoping the industry......

Abu Dhabi's MGX to use Trump-linked stablecoin for $2 bn investment in Binance

TMT

01 May, 2025

Abu Dhabi's MGX to use Trump-linked stablecoin for $2 bn investment in Binance

A stablecoin launched by Donald Trump's World Liberty Financial venture is being used by Abu Dhabi-backed investment......

MENA Digest: UAE's Resolv Labs, Moroccan VOVE ID, Egypt's Hushday get funding

TMT

25 April, 2025

MENA Digest: UAE's Resolv Labs, Moroccan VOVE ID, Egypt's Hushday get funding

UAE-based crypto startup Resolv Labs led funding activity in the Middle East and North Africa region in an otherwise ......

MENA Digest: Dubizzle inks M&A; Saudi startups Sadq, TruBuild snag funding

TMT

17 April, 2025

MENA Digest: Dubizzle inks M&A; Saudi startups Sadq, TruBuild snag funding

The UAE-based online classifieds platform Dubizzle Group bought proptech platform Property Monitor in its second ......

MENA Digest: Nymcard nets $33 mn; ClearGrid, PlaysOut get seed money

TMT

21 March, 2025

MENA Digest: Nymcard nets $33 mn; ClearGrid, PlaysOut get seed money

Dubai Future District Fund-backed payments infrastructure provider Nymcard led the funding activity in the Middle East ......

Abu Dhabi's ADQ ties up with ECP to invest over $25 bn in data centre energy projects

TMT

20 March, 2025

Abu Dhabi's ADQ ties up with ECP to invest over $25 bn in data centre energy projects

Abu Dhabi sovereign wealth fund ADQ has partnered with U.S. private equity firm Energy Capital Partners to invest more ......

Abu Dhabi-backed MGX buys into Binance with $2 bn of crypto

TMT

13 March, 2025

Abu Dhabi-backed MGX buys into Binance with $2 bn of crypto

Abu Dhabi-backed investment group MGX has made a $2 billion cryptocurrency investment in Binance, the companies said on ......

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