Middle East
Markets
Abu Dhabi's Lunate launches ETF tracking Japan equities
Abu Dhabi investor Lunate Capital is launching an exchange-traded fund (ETF) tracking Japanese equities that will be listed on the ......
Infrastructure
Qatar Airways to invest in an airline in southern Africa
Qatar Airways will soon announce an investment in an airline in southern Africa, its CEO said on Wednesday, part of ......
People
VC firm 500 Global elevates key executive as MENA managing partner
500 Global, a multi-stage venture capital firm that emerged as one of the most active investors in the Middle East ......
Finance
MENA Digest: Egyptian startups lead funding activity
Egyptian fintech startups Swypex and MNZL led funding activities in the Middle East and North Africa region,, even as overall ......
Healthcare
Kelix Bio to acquire five UAE-based pharma entities post Mubadala deal
Kelix Bio, an emerging markets-focused specialty generic biopharmaceutical company is looking to acquire five UAE-based pharma entities to further expand ......
Manufacturing
ADNOC scraps talks to buy stake in Brazil's Braskem
Abu Dhabi National Oil Company (ADNOC) has terminated talks to buy a controlling stake in Braskem, the Brazilian petrochemical producer ......
Finance
Abu Dhabi's IHC to hold buyback of up to $1.36 bn
International Holding Company (IHC), Abu Dhabi's largest listed company, said on Monday it would buy back up to 5 billion ......
Infrastructure
Proptech Square Yards tops $100-mn annual revenue mark
Delhi-based proptech startup Square Yards, which is expected to file its listing documents with capital markets regulator soon, has topped ......
Infrastructure
Shell in talks to sell its Malaysia fuel stations to Aramco
Energy giant Shell is in talks with Saudi Arabia's state-owned Saudi Aramco to sell its gas station business in Malaysia, ......
TMT
MENA Digest: Abyan Capital, Bon Plus raise early-stage funds
Dealmaking activity in the Middle East and North Africa decelerated compared to the previous week but saw at least two ......