Saudi Arabia
TMT
Peak XV, Valar-backed ShopUp to merge with Sary; PIF's Sanabil leads $110-mn funding
Bangladeshi B2B commerce platform ShopUp, which is backed by Indian venture capital firm Peak XV Partners and Peter Thiel’s Valar ......
Manufacturing
Saudi Aramco looks to invest in BPCL, ONGC refineries
Saudi Aramco is in talks to invest in two planned refineries in India as the world's top oil exporter looks ......
TMT
Accel-backed Jetapult acquires "major" stake in Saudi-based UMX
Gaming startup Jetapult, which is backed by Accel, Fireside and JetSynthesys, Monday said it has acquired a “major” stake in ......
General
LP Summit Dubai 2024: Robust IPO pipeline driving optimism on exits, say panellists
The robust initial public offering (IPO) pipeline on stock exchanges in the Middle East and India is driving optimism around exit ......
Manufacturing
Indian EV maker Wardwizard to form joint venture in Saudi Arabia
Indian electric vehicle maker Wardwizard Innovations and Mobility announced on Friday it received a letter of intent to form a ......
Finance
Edmond de Rothschild to open Saudi office, launch debt platform
Edmond de Rothschild Group, a specialist in asset management and private banking, is set to open an office in Saudi ......
Consumer
Saudi wealth fund PIF in talks to create boxing league
Saudi Arabia's Public Investment Fund (PIF) is in discussions with multiple boxing stakeholders to create a league, potentially reshaping the ......
TMT
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) ......
Finance
Shorooq Partners eyes Saudi expansion with ‘oversubscribed' Bedaya Fund II
Shorooq Partners, an Abu Dhabi-based venture capital firm, is set to double down on its commitments in Saudi Arabia from its oversubscribed ......
TMT
MENA Digest: Agritech startups iyris, YoLa Fresh bag big cheques
The Middle East and North Africa (MENA) region saw a slew of growth-stage startup funding deals this week, led by ......
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