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Qatar's emir appoints Mohammed Al Sowaidi as new CEO of wealth fund QIA

People

12 November, 2024

Qatar's emir appoints Mohammed Al Sowaidi as new CEO of wealth fund QIA

Qatar's emir on Tuesday appointed Mohammed Al Sowaidi as CEO of the Qatar Investment Authority (QIA), according to a statement issued by ......

Qatar wealth fund cuts stake in British supermarket group Sainsbury

Consumer

14 October, 2024

Qatar wealth fund cuts stake in British supermarket group Sainsbury

The biggest shareholder in Sainsbury's, the Qatar Investment Authority (QIA), is selling 306 million pounds ($399 million) worth of shares ......

Qatar Airways to buy 25% stake in Virgin Australia from Bain Capital

Infrastructure

01 October, 2024

Qatar Airways to buy 25% stake in Virgin Australia from Bain Capital

Qatar Airways will buy a 25% stake in Virgin Australia from U.S. private equity firm Bain Capital, posing a tougher contest for Qantas ......

Qatar Investment Authority expands into Australia, Korea and Southeast Asia

Finance

19 September, 2024

Qatar Investment Authority expands into Australia, Korea and Southeast Asia

The Qatar Investment Authority (QIA), the country's sovereign wealth fund, is in the middle of expanding into Australia, Korea 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 ......

Premium
Singapore VC Golden Gate Ventures sets timeline for close of MENA fund

Finance

30 July, 2024

Singapore VC Golden Gate Ventures sets timeline for close of MENA fund

Golden Gate Ventures, a Singapore-based early-stage venture capital firm that expanded to the Middle East and North Africa region with ......

Qatar Airways looking to buy up to 20% stake in Virgin Australia, says report

Infrastructure

27 June, 2024

Qatar Airways looking to buy up to 20% stake in Virgin Australia, says report

Qatar Airways is in talks to buy up to a 20% stake in Bain Capital-owned Virgin Australia, the Australian Financial ......

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MENA Digest: SiFi,  Elevate raise funds; May VC funding up 5 times from April, down 58% YoY

TMT

07 June, 2024

MENA Digest: SiFi, Elevate raise funds; May VC funding up 5 times from April, down 58% YoY

Saudi Arabia-based fintech startup Simplified Financial Solutions Company (SiFi) led funding activity in the Middle East and North Africa (MENA) ......

Qatar economy grew 1.2% year on year in Q3 2023

Economy

02 May, 2024

Qatar economy grew 1.2% year on year in Q3 2023

The Gulf state of Qatar's real gross domestic product (GDP) increased 1.2% year on year in the third quarter of ......

Gulf Digest: Hashmove, InvestSky get cheques; two new VC funds take shape

TMT

23 June, 2023

Gulf Digest: Hashmove, InvestSky get cheques; two new VC funds take shape

Two UAE-based startups led funding activity in the Middle East in the week gone by even as two new venture ......