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Investcorp rejigs top deck, names Rishi Kapoor vice chairman as co-CEO quits

Finance

03 September, 2024

Investcorp rejigs top deck, names Rishi Kapoor vice chairman as co-CEO quits

Bahrain-based alternative investment firm Investcorp has overhauled its top management and reorganized its global investment activities under three broad verticals ......

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American PE firm TA Associates strikes control deal for GCC school chain

Consumer

02 September, 2024

American PE firm TA Associates strikes control deal for GCC school chain

TA Associates, a global growth private equity firm managing a portfolio of over 120 companies across more than 20 countries, ......

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MENA Digest: UAE startups lead fundraising activity this week

TMT

30 August, 2024

MENA Digest: UAE startups lead fundraising activity this week

UAE-based startups led fundraising activity in the Middle East and North Africa region this week, securing early-stage investments. While Web3 ......

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VC firm Waad Investment launches debut fund with $200 mn target

Finance

28 August, 2024

VC firm Waad Investment launches debut fund with $200 mn target

Waad Investment, a Saudi Arabia-based venture capital firm backed by a consortium of Gulf-based investors and family offices, launched its ......

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Why Dubai's DFDF is pressing on early-stage bets as the way forward

Finance

27 August, 2024

Why Dubai's DFDF is pressing on early-stage bets as the way forward

Dubai Future District Fund (DFDF), the region’s first evergreen venture capital fund-of-funds, has endorsed early-stage bets, particularly in fintech and ......

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Golden Gate Ventures' Lints on portfolio mix for first MENA fund, LPs and more

Finance

21 August, 2024

Golden Gate Ventures' Lints on portfolio mix for first MENA fund, LPs and more

Golden Gate Ventures (GGV), a Singapore-based early-stage venture capital firm that launched a $100 million target Middle East and North ......

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MENA Digest: Volume low this week; July funding amount jumps threefold

TMT

16 August, 2024

MENA Digest: Volume low this week; July funding amount jumps threefold

Startup funding activity in the Middle East and North Africa region this week was led by UAE-based meals aggregator platform ......

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Dubai Future District Fund sees change of guard as CEO steps down

People

14 August, 2024

Dubai Future District Fund sees change of guard as CEO steps down

Dubai Future District Fund (DFDF), the region’s first evergreen venture capital fund-of-fund is undergoing a change of guard with Sharif ......

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Jordan's ISSF raises LP-style bet on early-stage VC fund

TMT

22 July, 2024

Jordan's ISSF raises LP-style bet on early-stage VC fund

Jordan’s Innovative Startups and Small and Medium Enterprises Fund (ISSF) made a limited partner-style follow-on investment in an existing portfolio ......

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Alpha Dhabi Holding to sell stake in oilfield services firm to JV with ADNOC Drilling

Infrastructure

17 July, 2024

Alpha Dhabi Holding to sell stake in oilfield services firm to JV with ADNOC Drilling

Alpha Dhabi Holding, a unit of Abu Dhabi’s International Holding Company (IHC), will transfer its controlling stake in an oilfield ......