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Gulf Digest: Tabby gets unicorn tag; Noon, SpiderSilk pocket new cheques

TMT

03 November, 2023

Gulf Digest: Tabby gets unicorn tag; Noon, SpiderSilk pocket new cheques

The Middle East region recorded a couple of high-value deals this week, with the funding activity spearheaded by ......

Gulf Digest: Proptech firm Nomad Homes, EV player Neo Mobility lead startup funding

TMT

27 October, 2023

Gulf Digest: Proptech firm Nomad Homes, EV player Neo Mobility lead startup funding

Dealmaking in the Middle East spiked in the third week of October led by a slew of early-stage, high-value funding ......

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Gulf Capital ups fourth fund size, eyes region's largest growth buyout vehicle

Finance

27 October, 2023

Gulf Capital ups fourth fund size, eyes region's largest growth buyout vehicle

Gulf Capital has increased the target size of its planned fourth private equity fund to be deployed across ......

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Gulf Islamic Investments scores an exit from India-related transaction

Consumer

25 October, 2023

Gulf Islamic Investments scores an exit from India-related transaction

The UAE-based Gulf Islamic Investments (GII), which manages more than $3 billion in private equity, venture capital, ......

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Dubai Future District Fund makes LP-style bet on regional VC fund

Finance

19 October, 2023

Dubai Future District Fund makes LP-style bet on regional VC fund

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

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Gulf Capital strikes US bolt-on deal to boost revenue cycle management platform

TMT

09 October, 2023

Gulf Capital strikes US bolt-on deal to boost revenue cycle management platform

The UAE-based private equity firm Gulf Capital has sealed a bolt-on acquisition—its second within two weeks—as its ......

Gulf Digest: Cypherleak, BILRS, Fanzword snag funding

TMT

29 September, 2023

Gulf Digest: Cypherleak, BILRS, Fanzword snag funding

Early-stage funding activity buoyed deal making in the Middle East during the last week of September. At least three UAE......

Alpha Dhabi to buy water project developer as Gulf Capital exits

Infrastructure

25 September, 2023

Alpha Dhabi to buy water project developer as Gulf Capital exits

Alpha Dhabi Holding, an Abu Dhabi-based investment holding company, has agreed to acquire a majority stake in Metito ......

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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 ......

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SoftBank-backed Cars24 aims to turn a corner in UAE, to weigh Saudi re-entry

TMT

12 September, 2023

SoftBank-backed Cars24 aims to turn a corner in UAE, to weigh Saudi re-entry

Indian used-car online retailer Cars24 aims to turn its UAE operations profitable by the second half of 2024 and then ......

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