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

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 ......

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

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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Saudi Venture Capital strikes its first LP bet of 2024

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

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

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 ......

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Investcorp set to mark final close of Saudi Pre-IPO Growth Fund

Finance

07 March, 2024

Investcorp set to mark final close of Saudi Pre-IPO Growth Fund

Bahrain-based alternative investment firm Investcorp, which manages assets worth $50 billion across the globe, is set to wrap up fundraising ......

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Gulf Islamic Investments plans third India-focused fund

Finance

06 March, 2024

Gulf Islamic Investments plans third India-focused fund

The UAE-based Gulf Islamic Investments (GII), which manages assets worth more than $4.5 billion in private equity, venture capital and ......

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How India emerged as top Asian destination for Middle East investors

Finance

01 March, 2024

How India emerged as top Asian destination for Middle East investors

India has emerged as the largest recipient of private capital from the Middle East across Asia during the four years ......

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Not focusing on office assets in India, to grow warehousing biz: Investcorp's Sharma

Finance

01 March, 2024

Not focusing on office assets in India, to grow warehousing biz: Investcorp's Sharma

Bahrain-based alternative asset manager Investcorp, one of the most active private equity-style investors in India last year, aims to build ......

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Dubai's MEVP scores maiden ‘dragon' exit and first full harvest from second VC fund

TMT

26 February, 2024

Dubai's MEVP scores maiden ‘dragon' exit and first full harvest from second VC fund

Middle East Venture Partners (MEVP), a Dubai-based venture capital firm which invests in early- and growth-stage tech startups, has made ......