UAE
TMT
MENA Digest: Egyptian startup OneOrder, Saudi SaaS firm Merit lead funding
Dealmaking in the Middle East and North Africa region during the week was propelled by high-value, growth-stage fundraises by tech-led ......
TMT
Microsoft's UAE deal could transfer key US chips and AI technology abroad
Microsoft President Brad Smith said the tech company's high profile deal with the United Arab Emirates-backed AI firm G42 could ......
Finance
First Abu Dhabi Bank in advanced talks to buy Turkish lender for $8 bn
First Abu Dhabi Bank (FAB) is in advanced talks to acquire Turkish conglomerate Koc Group's 61.2% stake in Istanbul-based lender ......
Markets
Abu Dhabi's Lunate launches ETF tracking Japan equities
Abu Dhabi investor Lunate Capital is launching an exchange-traded fund (ETF) tracking Japanese equities that will be listed on the ......
Finance
MENA Digest: Egyptian startups lead funding activity
Egyptian fintech startups Swypex and MNZL led funding activities in the Middle East and North Africa region,, even as overall ......
Healthcare
Kelix Bio to acquire five UAE-based pharma entities post Mubadala deal
Kelix Bio, an emerging markets-focused specialty generic biopharmaceutical company is looking to acquire five UAE-based pharma entities to further expand ......
Finance
Abu Dhabi's IHC to hold buyback of up to $1.36 bn
International Holding Company (IHC), Abu Dhabi's largest listed company, said on Monday it would buy back up to 5 billion ......
Infrastructure
Proptech Square Yards tops $100-mn annual revenue mark
Delhi-based proptech startup Square Yards, which is expected to file its listing documents with capital markets regulator soon, has topped ......
Infrastructure
Brookfield to acquire majority stake in GII's 1.5-mn-sq-ft logistics portfolio
Canadian alternative investment firm Brookfield Asset Management will acquire a controlling stake in UAE-based Gulf Islamic Investments' logistics real estate platform ......
TMT
Abu Dhabi AI company Presight takes majority stake in tech venture AIQ
Artificial intelligence company Presight AI Holding has acquired a majority stake in AIQ, a technology joint venture between Abu Dhabi ......