UAE
TMT
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......
Finance
Private equity rushes to Gulf as fundraising dries up in other regions
A growing number of private equity funds are opening offices in the Gulf, hoping to deepen their ties with cash-rich ......
Finance
Sovereign wealth fund ADIA optimistic on equities, private credit after turbulent 2022
Sovereign wealth fund Abu Dhabi Investment Authority (ADIA) said it was optimistic on public equities for 2023 after ......
Healthcare
Aster DM Healthcare gets PE interest for Gulf business
Private equity firm Fajr Capital is in exclusive talks to acquire a majority stake in Aster DM Healthcare's Gulf ......
Finance
Dubai VC firm MEVP's Sarwahi on AI and other exciting areas, LP pool and more
Middle East Venture Partners (MEVP), a Dubai-based venture capital firm, is eyeing startups in new tech areas such as ......
Consumer
VC-backed Floranow acquires Saudi Arabian flower distributor Bloomax
The UAE-based business-to-business online floral marketplace Floranow has fully acquired Saudi Arabia’s Bloomax, a ......
TMT
Gulf Digest: BNPL startup Tabby secures debt; Cargoz raises bridge funding
Two key startups in the Gulf region led the funding activity in the last week of May even as overall ......
Finance
How Dubai VC Global Ventures' bigger third fund differs from its first two vehicles
Dubai-based venture capital firm Global Ventures has identified new focus areas to deploy capital from its third fund......
TMT
Saudi PIF-owned Savvy buys gaming firm for $4.9 bn; STV fund gets LP cheque
Funding activity in the Gulf region remained subdued in the first week of April with only a handful of companies ......
Finance
Abu Dhabi's ADQ, IHC tie up with General Atlantic on asset management
Abu Dhabi sovereign wealth fund ADQ and local conglomerate IHC said on Monday they plan to create a multi-asset class ......
