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GlobalLogic, Pine Labs co-founder's VC fund Leo Capital loops in Gulf LP

Finance

26 February, 2024

GlobalLogic, Pine Labs co-founder's VC fund Leo Capital loops in Gulf LP

Early-stage venture capital firm Leo Capital, which backs technology across India and Southeast Asia, has secured a limited partner-style commitment ......

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Mubadala-backed Investcorp set to float another India real estate fund

Infrastructure

21 February, 2024

Mubadala-backed Investcorp set to float another India real estate fund

Bahrain-basesd alternative asset manager Investcorp, which manages assets worth $1 billion (Rs 8,300 crore) in India, is set to launch ......

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DFDF backs Africa VC fund in tenth LP-style bet

Finance

19 February, 2024

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 ......

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Gulf Succession Partners' Husseini on managing one of the first search funds in the region and more

Finance

13 February, 2024

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 ......

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Gulf Succession Partners raises search fund, looks to find UAE firm for acquisition

Finance

31 January, 2024

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 ......

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MENA Digest: Lokalee, Maalexi get pre-Series A cheques; MEVP backs Clinicy

TMT

12 January, 2024

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 ......

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Gulf Capital makes third exit move within five months

Consumer

09 January, 2024

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 ......

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In Charts: How Middle East sovereign funds are cementing their global dominance

Finance

08 January, 2024

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 ......

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Flashback 2023: How startup dealmaking panned out across the MENA region

TMT

29 December, 2023

Flashback 2023: How startup dealmaking panned out across the MENA region

The Middle East and North Africa (MENA) region has recorded a surge in startup activity over the last few years ......

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ACME loses JV partner for multi-billion-dollar project in Middle East

Infrastructure

13 July, 2023

ACME loses JV partner for multi-billion-dollar project in Middle East

Indian renewable energy producer ACME Group’s plan to set up a multi-billion-dollar green ammonia project in the Middle East has run ......