Middle East
Finance
SVC backs VC portfolio firm in second LP bet this year
Riyadh’s state-owned Saudi Venture Capital (SVC), which manages assets worth $2.2 billion, has struck its second limited partner-style bet this ......
Consumer
Qatar wealth fund cuts stake in British supermarket group Sainsbury
The biggest shareholder in Sainsbury's, the Qatar Investment Authority (QIA), is selling 306 million pounds ($399 million) worth of shares ......
TMT
MENA Digest: Ejari bags a big cheque; fintechs OCTA, Krti, Qpay get funding
Dealmaking activity in the Middle East and North Africa region this week was led by Saudi Arabian e-grocery delivery platform ......
Infrastructure
ADIA writes off 9.9% stake in struggling British utility Thames Water: Report
Abu Dhabi's sovereign wealth fund, one of the largest shareholders in Thames Water, has written off its nearly 9.9% stake ......
TMT
Fintech to remain key investment theme in MENA: Panellists at LP Summit Dubai 2024
Fintech, which has emerged as one of the most funded sectors in the Middle East and North Africa region, will ......
Consumer
Abu Dhabi's ADNH Catering sets price range for IPO
Abu Dhabi National Hotels could raise as much 864 million dirhams ($235 million) from the initial public offering of its ......
TMT
MENA Digest: Saudi's Al Menu leads funding activity; Global Ventures onboards new LP
Saudi Arabian foodtech SaaS firm Al Menu led startup funding activities in the Middle East and North Africa region this ......
General
LP Summit Dubai 2024: Digitalization to lead UAE's investment strategy, say panellists
Traditionally known for its oil sector, the UAE is now turning its focus towards manufacturing and technology, as the country ......
TMT
Tokenisation grabbing eyeballs but comes with challenges: Panellists at LP Summit Dubai 2024
Tokenisation of real assets is gaining traction in emerging markets but continues to face challenges due to lack of a ......
Infrastructure
Qatar Airways to buy 25% stake in Virgin Australia from Bain Capital
Qatar Airways will buy a 25% stake in Virgin Australia from U.S. private equity firm Bain Capital, posing a tougher contest for Qantas ......
Most Popular
Google News
Follow VCCircle on Google News for the latest updates on Business and Startup News