Middle East
Finance
UAE's VentureSouq taps another Saudi limited partner for new fintech fund
VentureSouq, a UAE-based venture capital firm, has roped in another Saudi Arabian limited partner (LP) for its second fintech fund, ......
TMT
SoftBank-backed Cars24 aims to turn a corner in UAE, to weigh Saudi re-entry
Indian used-car online retailer Cars24 aims to turn its UAE operations profitable by the second half of 2024 and then ......
TMT
Exclusive: PE-backed Africa, India BPO iSon Xperiences roping in another investor
Business process outsourcing (BPO) company iSon Xperiences, which operates across Africa, the UAE and India, is roping in an Africa-based ......
Finance
Saudi PIF-backed Jada makes LP bet on female-led private equity fund
Jada Fund of Funds, which is backed by Saudi Arabia’s Public Investment Fund (PIF), has invested in an Abu Dhabi-based ......
TMT
Gulf Digest: FlyAkeed, Maxbyte get Series A funding; CoinDCX backs BitOasis
Saudi Arabian travel-tech platform Flyakeed and the UAE-based robotics solutions provider Maxbyte secured Series A capital this week while crypto ......
People
After scaling BookMyShow and Lenskart in the Gulf, what's Sudhir Syal up to now?
Sudhir Syal has promoted Irish band Westlife’s concert in Dubai and sold premium eyewear to the Arabs. He will soon ......
TMT
Gulf Digest: Saudi companies Wadaie, Golden Scent, YaSchools raise funds
Funding activity in the Middle East was driven by three Saudi Arabian companies this week. Wadaie, a fintech startup, Golden ......
Infrastructure
EDF Renewables, Korea Western set to rope in investor for Oman solar project
French renewable energy company EDF Renewables and Korean Western Power Corporation (KOWEPO) are in talks to secure investment from a ......
TMT
Why Indian crypto entrepreneurs are flocking to the UAE
Last year, investment platform Pyse Fintech Pvt. Ltd added a layer of cryptocurrency and blockchain to its model. That move ......
TMT
Gulf Digest: WellX, DESAISIV snag funding; HyperPay buys Sanad Cash
Insurance-tech startups WellX and DESAISIV led funding activity in the Middle East region this week while Saudi Arabian blockchain startup ......
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