Middle East
Finance
DFDF backs Africa VC fund in tenth LP-style bet
Dubai Future District Fund (DFDF), the region’s first evergreen venture capital fund-of-funds, has struck its tenth limited partner-style deal in ......
TMT
MENA Digest: Kema, Logidoo raise early-stage capital, Sowt buys Rising Giants Network
Startup dealmaking in the Middle East and North Africa region this week was led by a couple of early-stage funding ......
Finance
Gulf Succession Partners' Husseini on managing one of the first search funds in the region and more
Gulf Succession Partners, one of the first search funds operating out of the Middle East, recently bagged $440,000 from 17 ......
Finance
Gulf Succession Partners raises search fund, looks to find UAE firm for acquisition
The UAE-based search fund Gulf Succession Partners, which was floated earlier this month, has received backing of 17 investors from ......
TMT
MENA Digest: DXWand, Crysp Farms, Karty, Crealo secure funding
Egyptian artificial intelligence startup DXWand led dealmaking in the Middle East and North Africa region this week. It raised growth ......
Consumer
Abu Dhabi wealth fund ADQ signs deal for stake in Egypt luxury hotels
Abu Dhabi wealth fund ADQ has agreed to acquire a 40.5% stake in ICON, the hospitality arm of Egypt's Talaat ......
TMT
MENA Digest: Lokalee, Maalexi get pre-Series A cheques; MEVP backs Clinicy
Dealmaking in the Middle East and North Africa region accelerated in the second week of 2024, with a slew of ......
Consumer
Gulf Capital makes third exit move within five months
The UAE-based private equity firm Gulf Capital has exited a company that was part of the portfolio of its third ......
Finance
In Charts: How Middle East sovereign funds are cementing their global dominance
Sovereign wealth funds of Saudi Arabia and other Middle Eastern nations deployed more capital in 2023 than the year before ......
Finance
Asia wealth managers flock to Dubai as clients look to diversify
A growing number of wealth managers in Asia are setting up offices in Dubai, capitalising on warming diplomatic ties between ......