International
Finance
Saudi VC firm RAED Ventures gets another LP for third fund
RAED Ventures, a Saudi Arabia-based venture capital firm that backs early-stage startups and manages a portfolio of over 40 companies, ......
General
Global deal volumes expected to rise over $4 tn in 2025 due to possible Trump boost
Bankers expect global deal volumes to surpass $4 trillion next year, the highest in four years, buoyed by U.S. President-elect ......
Economy
Most Gulf central banks follow US Fed in cutting key interest rates
Most central banks of the Gulf Cooperation Council cut key interest rates on Wednesday, following the Federal Reserve's decision to ......
TMT
Digital bank Tyme gets $150 mn from Brazil's Nubank, enters unicorn club
Brazilian digital bank Nubank said on Monday it has invested $150 million in Tyme Group, a Singapore-based digital bank backed by China's Tencent with 15 million customers ......
Finance
Riyadh Valley Company strikes third limited partner-style bet this year
Riyadh Valley Company (RVC), the investment arm of King Saud University, has made its third limited partner-style investment this year, ......
Finance
UAE's Key Capital eyes first close of debut secondaries fund, builds deal pipeline
Key Capital, a UAE-based investment firm focused on secondaries transactions, is raising its debut fund and is aiming to hit ......
Infrastructure
UAE conglomerate Al Nowais' arm to get another backer for Egypt solar project
AMEA Power, the clean energy arm of the UAE-based conglomerate Al Nowais Investments, is set to secure an investment commitment ......
TMT
MENA Digest: UAE's Wafeq, BioSapien get biggest funding cheques this week
The UAE-based startups led the funding activity in the Middle East and North Africa region this week with fintech platform ......
Finance
UAE president names Blackstone's Gray, others to board of ADNOC investment arm XRG
United Arab Emirates President Sheikh Mohamed bin Zayed Al Nahyan approved a board of directors for XRG, state oil giant ......
Finance
Carlyle's AlpInvest, Mubadala team up to provide debt financing to PE firms
AlpInvest Partners, the secondary investments unit of buyout firm Carlyle Group, and Abu Dhabi's Mubadala Investment Company are forming a ......