Middle East

Markets

16 May, 2024

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

15 May, 2024

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 ......

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People

10 May, 2024

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 ......

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Finance

10 May, 2024

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 ......

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Healthcare

09 May, 2024

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

07 May, 2024

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

06 May, 2024

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

06 May, 2024

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

06 May, 2024

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, ......

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TMT

03 May, 2024

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 ......