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VC firm 500 Global elevates key executive as MENA managing partner

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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MENA Digest: Egyptian startups lead funding activity

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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Kelix Bio to acquire five UAE-based pharma entities post Mubadala deal

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 ......

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MENA Digest: Abyan Capital, Bon Plus raise early-stage funds

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 ......

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European VC SpeedInvest to expand into MENA by opening office in UAE

General

02 May, 2024

European VC SpeedInvest to expand into MENA by opening office in UAE

SpeedInvest, a European early-stage venture capital fund, which manages assets worth $1 billion across 40 countries, is set to establish ......

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Global asset manager Barings opens office in Dubai

General

30 April, 2024

Global asset manager Barings opens office in Dubai

Barings, a global investment management firm that manages assets worth $406 billion, has opened an office in Dubai to help ......

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Saudi multi-asset investor Artal Capital hits first close of PE fund

Finance

23 April, 2024

Saudi multi-asset investor Artal Capital hits first close of PE fund

Artal Capital, a Riyadh-based multi-asset investment firm, has marked the first close of its mid-market-focused private equity fund to back ......

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In Charts: How Dubai Future District Fund deployed corpus across startups, VC funds

Finance

15 April, 2024

In Charts: How Dubai Future District Fund deployed corpus across startups, VC funds

The Dubai Future District Fund (DFDF), the region’s first evergreen venture capital fund-of-funds, has committed about a fifth of its ......

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Jordanian climate infra-focused PE firm Catalyst Investment gets European LP

Finance

08 April, 2024

Jordanian climate infra-focused PE firm Catalyst Investment gets European LP

Catalyst Investment Management, a Jordan-based private equity firm focused on renewable energy and climate infrastructure in the Middle East and ......

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

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” ......