Middle East
Infrastructure
Saudi PIF-owned Riyadh Air forms partnership with US carrier Delta Air
Riyadh Air has partnered with U.S. carrier Delta Air Lines as the Saudi startup carrier grows its potential network ahead ......
Finance
UAE's Global Ventures gets bigger cheque from returning LP for third fund
Global Ventures, a UAE-based growth-stage venture capital firm that manages a portfolio of over 60 companies, has brought on board ......
Finance
In Charts: How Middle East PE-VC dealmaking fared in H1 2024
The number of private equity and venture capital deals in the Middle East region fell by almost a fourth in ......
TMT
MENA Digest: Voice technology startup Intella, edutech firms Jeel, El Kheta raise funds
Egyptian voice technology startup Intella led funding activity in the Middle East and North Africa (MENA) region during the week, ......
Infrastructure
Oman's Asyad plans shipping unit's IPO, hires advisers
Oman's state-owned logistics firm Asyad Group is planning an initial public offering (IPO) of its subsidiary Asyad Shipping Co by ......
Finance
Lebanese VC Globivest's Jasmine Busson on new fund, healthcare focus and more
Lebanese women-led venture capital firm Globivest is chugging fast towards the final close of its second fund, a top executive ......
Infrastructure
Aramco, ADNOC reportedly weighing bids for Australia's Santos, analysts sceptical
Saudi Aramco and Abu Dhabi National Oil Company (ADNOC) have been separately considering bids for Santos, Bloomberg News reported, sending ......
TMT
BitOasis backer Wamda Capital joins CoinDCX cap table as common investor Pantera stays put
UAE-based venture capital firm Wamda Capital, an early investor of BitOasis, has joined the cap table of Indian digital assets ......
Finance
Saudi sovereign wealth fund swings to $36.8 bn profit in 2023
Saudi Arabia's sovereign wealth fund PIF swung to a profit of 138.1 billion riyals ($36.81 billion) in 2023, it said on ......
TMT
MENA Digest: Connect Money leads fundraising; Smpl Holdings sets up VC fund
Egyptian fintech startup Connect Money led funding activities in the Middle East and North Africa region this week. It raised $8 ......
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