United Arab Emirates
TMT
Dubai's DFDF plans to deploy half corpus by this year across direct, fund-of-fund bets
Dubai Future District Fund (DFDF), the region’s first evergreen venture capital fund-of-fund, aims to hit the halfway ......
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 ......
TMT
Why UAE's Nuwa Capital is reluctant to invest in these tech sectors
Nuwa Capital, a UAE-based venture capital firm, which is currently deploying its maiden $100-million fund in early-stage......
TMT
ADQ, Oman Investment Authority float VC fund to make bets in buzzing MENA startup market
Gulf sovereign wealth investors – Abu Dhabi’s ADQ and Oman Investment Authority – have jointly floated a tech-......
Finance
VC investments in Middle East fall year-on-year but rise from pre-pandemic levels
Venture capital investments in the Middle East declined during 2023, albeit not too significantly, with the region ......
Finance
MEVP has task cut out in 2025, close fund IV and make a few exits: co-CEO Walid Hanna
Middle East Venture Partners (MEVP), which is raising funds for its fourth investment vehicle, has laid out its vision ......
Finance
Saudi Arabia's SVC strikes first LP bet of 2025
Riyadh’s state-owned Saudi Venture Capital (SVC), which manages assets worth $2.2 billion, has struck its first ......
Finance
Dubai's NB Ventures set to launch pre-IPO fund with India partner next year
NB Ventures, a Dubai-based investment firm that makes direct venture capital bets on growth-stage startups and limited ......
Finance
Flashback 2024: How startup funding fared in MENA region
The Middle East and North Africa (MENA) region recorded a further moderation in startup funding activity in 2024, in ......
Finance
Gulf VC MEVP onboards Saudi LP for $150 mn Fund IV
Middle East Venture Partners (MEVP), a Gulf-focused venture capital firm that backs early and growth-stage tech startups......