Middle East

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Finance

01 April, 2024

DFDF to tread cautiously as VC in 2024 but bullish on LP bets

Dubai Future District Fund (DFDF), a backer of 24 startups and venture capital funds, outlined its “cautious venture capital approach” ......

People

01 April, 2024

Saudi Venture Capital appoints Nora Alsarhan as deputy CEO

Riyadh’s state-owned Saudi Venture Capital (SVC), which manages assets worth $2.2 billion, has appointed Nora M Alsarhan, its chief investment ......

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Finance

27 March, 2024

VC investments in Middle East fall year-on-year but rise from pre-pandemic levels

Venture capital investments in the Middle East declined during 2023, albeit not too significantly, with the region appearing as a ......

Healthcare

26 March, 2024

Mubadala acquiring Afro-Indian pharma platform in landmark PE exit for DPI, others

Abu Dhabi’s sovereign investor Mubadala Investment Company, which manages assets worth $276 billion in more than 50 countries, is set ......

TMT

22 March, 2024

MENA Digest: Startups strike early-stage deals but overall activity slows

Early-stage funding deals drove dealmaking in the Middle East and North Africa region, even though overall activity slowed down due ......

TMT

15 March, 2024

MENA Digest: Mazadak grabs $10 mn as Saudi startups lead funding activity

Dealmaking activity in the Middle East and North Africa region increased this week, led by a slew of early-stage funding ......

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Infrastructure

15 March, 2024

How Investcorp plans to deploy $750-mn climate fund across four key sectors

Mubadala-backed alternative investment firm Investcorp, which manages assets worth over $50 billion across the globe, will adopt a four-pronged approach ......

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Finance

14 March, 2024

Saudi Venture Capital strikes its first LP bet of 2024

Riyadh’s state-owned Saudi Venture Capital (SVC) has struck its first limited partner-style bet for this year in an Abu Dhabi-based ......

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Finance

12 March, 2024

Saudi Arabia's Jada backs US fund in maiden venture debt LP bet

Saudi Arabia’s Public Investment Fund (PIF)-backed Jada Fund of Funds struck its first venture debt investment, its second one in ......

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Finance

08 March, 2024

MENA Digest: Salla gets $130 mn in pre-IPO funding; Arcapita raises $500-mn fund

The Middle East and North Africa (MENA) region recorded a surge in dealmaking activity this week with a slew of ......