International
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 for ......
TMT
MENA DIGEST: Saudi Arabian tech startups lead funding activity this week
Saudi Arabian tech startups led the funding activity in the Middle East and North Africa region this week. While foodtech ......
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 limited partner (LP)-style bet ......
Finance
Abu Dhabi's Mubadala overtakes Saudi Arabia's PIF as world's top wealth fund spender
Abu Dhabi's Mubadala Investment Company accounted for about 20% of the almost $136.1 billion spent by sovereign wealth funds worldwide ......
Finance
Saudi multi-asset investor Jadwa gets cheque from local LP for PE fund
Jadwa Investment, a Saudi Arabia-based investment firm that manages assets worth over $20 billion across different asset classes, has secured ......
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 line ......
TMT
DFDF-backed social media app Vuz taps new investor in fresh funding round
Dubai Future District Fund (DFDF)-backed immersive social media app Vuz is set to secure commitment from a new investor as ......
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, ......
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 ......
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