Middle East
Finance
Standard Chartered boosts private bank team in UAE, Singapore, Hong Kong
Standard Chartered has hired more than a dozen new bankers to its private banking teams in Singapore, Hong Kong and ......
Consumer
Alpha Dhabi Holding unit forms $680 mn JV with US vertical farming startup Plenty
U.S. vertical farming startup Plenty is forming a joint venture with Mawarid, a subsidiary of Alpha Dhabi Holding, in a ......
Infrastructure
Alpha Dhabi Holding to sell stake in oilfield services firm to JV with ADNOC Drilling
Alpha Dhabi Holding, a unit of Abu Dhabi’s International Holding Company (IHC), will transfer its controlling stake in an oilfield ......
Infrastructure
Aramco to buy 50% of Air Products Qudra's blue hydrogen business
Saudi oil giant Aramco has signed final agreements to buy 50% of the blue hydrogen industrial gases business of Air ......
TMT
MENA Digest: UAE startups lead weekly funding; investment activity slows in June
At least three UAE-based startups secured venture capital funding during the week, even as the overall deals activity in the ......
TMT
US lawmakers raise worries about China in Microsoft deal with Emirati AI firm G42
Republican lawmakers asked the Biden administration for an intelligence assessment of Microsoft's $1.5 billion investment in UAE-based artificial intelligence firm ......
Consumer
SVC, Jada-backed PE firm acquire stake in Saudi edtech company
Saudi Venture Capital (SVC)-backed private equity firm Olive Rock Partners has acquired a strategic stake in a leading Saudi Arabian ......
Finance
In Charts: UAE dominates PE-VC activity in H1 2024 but Saudi Arabia makes a leap
The United Arab Emirates continued to dominate private equity and venture capital deals activity in the Middle East during the ......
Infrastructure
Egyptian, Emirati companies sign $500 mn real estate deal in Egypt
Egypt's Safwat Kaliouby Group (SKG) holding company and Emirati KSH Investment Company have signed a 24 billion Egyptian pound ($500 ......
Finance
DFDF CEO on funding trends and why MENA startups didn't see steeper valuation drop
Dubai Future District Fund (DFDF), the region’s first evergreen venture capital fund-of-fund, has deployed over a quarter of its initial ......
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