Middle East
Finance
Saudi VC SEEDRA onboards sovereign investor as LP for second fund
SEEDRA Ventures, a Saudi Arabia-based venture capital firm that backs early-stage companies and currently manages a portfolio of 26 startups, ......
TMT
VC firm MEVP marks second full exit from Fund II, DPI reaches 118%
Gulf-focused venture capital firm Middle East Venture Partners (MEVP), which invests in early and growth-stage tech startups and is currently ......
People
Long-time CEO of NEOM goes as Saudi Arabia scales back mega-projects
Nadhmi al-Nasr, the long-time chief executive of the $500 billion NEOM mega-project at the heart of Saudi Arabia's drive to ......
Infrastructure
Mubadala prepares for sale of Brazil iron-ore mines
Mubadala Capital said on Monday it has an ongoing internal process to ready the sale of Brazil's Porto Sudeste, an ......
TMT
Delivery Hero to list Talabat business in Dubai in December
Talabat, the Middle East business of Delivery Hero, will list on the Dubai Stock Exchange in mid-December, floating 15% of ......
Finance
Most Gulf central banks follow Fed in cutting rates
Most central banks of the Gulf Cooperation Council (GCC) cut key interest rates on Thursday, following the Federal Reserve's decision ......
Finance
Ruya Partners aims final close of $250 mn private credit fund by December-end
Ruya Partners, the Gulf region’s first partner-owned private credit firm, is eyeing a final close of its $250-million target fund ......
Finance
Artal Capital CEO on key sectors for maiden PE fund, deals, Saudi IPO market, and more
Riyadh-based multi-asset investment firm Artal Capital, which manages assets worth $600 million, is eyeing deals in tech-based companies in six ......
Infrastructure
MENA Digest: Prypco leads funding this week; Pargo, invygo, Mala also raise capital
The Middle East and North Africa region saw key funding announcements this week, led by UAE-based proptech startup Prypco, which ......
General
MENA Digest: Global Ventures-backed Abhi leads fundraising this week
Abhi, a UAE-based fintech startup, which is backed by Global Ventures and VentureSouq, led fundraising activity in the Middle East ......
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