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Amplify Growth aims final close of inaugural debt fund by August 2025

Finance

29 November, 2024

Amplify Growth aims final close of inaugural debt fund by August 2025

Amplify Growth, a joint partnership between Dubai-based asset manager Ajeej Capital and venture capital firm Nuwa Capital is aiming for ......

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UAE conglomerate's clean energy arm to get European backer for Egypt solar project

Infrastructure

26 November, 2024

UAE conglomerate's clean energy arm to get European backer for Egypt solar project

AMEA Power, the renewable energy arm of UAE-based conglomerate Al Nowais Investments, is set to secure an additional investment commitment ......

Saudi VC Vision Ventures onboards Jordanian LP for second fund

Finance

25 November, 2024

Saudi VC Vision Ventures onboards Jordanian LP for second fund

Vision Ventures, a Saudi Arabia-based early-stage venture capital firm that backs tech-led startups in the Middle East and North Africa ......

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Saudi VC SEEDRA onboards sovereign investor as LP for second fund

Finance

20 November, 2024

Saudi VC SEEDRA onboards sovereign investor as LP for second fund

SEEDRA Ventures, a Saudi Arabia-based venture capital firm that backs early-stage companies and currently manages a portfolio of 26 startups, ......

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VC firm MEVP marks second full exit from Fund II, DPI reaches 118%

TMT

18 November, 2024

VC firm MEVP marks second full exit from Fund II, DPI reaches 118%

Gulf-focused venture capital firm Middle East Venture Partners (MEVP), which invests in early and growth-stage tech startups and is currently ......

Long-time CEO of NEOM goes as Saudi Arabia scales back mega-projects

People

13 November, 2024

Long-time CEO of NEOM goes as Saudi Arabia scales back mega-projects

Nadhmi al-Nasr, the long-time chief executive of the $500 billion NEOM mega-project at the heart of Saudi Arabia's drive to ......

Mubadala prepares for sale of Brazil iron-ore mines

Infrastructure

12 November, 2024

Mubadala prepares for sale of Brazil iron-ore mines

Mubadala Capital said on Monday it has an ongoing internal process to ready the sale of Brazil's Porto Sudeste, an ......

Delivery Hero to list Talabat business in Dubai in December

TMT

11 November, 2024

Delivery Hero to list Talabat business in Dubai in December

Talabat, the Middle East business of Delivery Hero, will list on the Dubai Stock Exchange in mid-December, floating 15% of ......

Most Gulf central banks follow Fed in cutting rates

Finance

08 November, 2024

Most Gulf central banks follow Fed in cutting rates

Most central banks of the Gulf Cooperation Council (GCC) cut key interest rates on Thursday, following the Federal Reserve's decision ......

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Ruya Partners aims final close of $250 mn private credit fund by December-end

Finance

05 November, 2024

Ruya Partners aims final close of $250 mn private credit fund by December-end

Ruya Partners, the Gulf region’s first partner-owned private credit firm, is eyeing a final close of its $250-million target fund ......