Saudi Arabia
Finance
Saudi VC SEEDRA onboards sovereign investor as LP for second fund
SEEDRA Ventures, a Saudi Arabia-based venture capital firm that backs early-stage companies and currently manages a portfolio of 26 startups, ......
TMT
Saudi wealth fund PIF raises $1 bn from STC stake sale
Saudi Arabia's sovereign wealth fund PIF has raised 3.86 billion riyals ($1.03 billion) from selling a 2% stake in telecoms firm ......
People
Long-time CEO of NEOM goes as Saudi Arabia scales back mega-projects
Nadhmi al-Nasr, the long-time chief executive of the $500 billion NEOM mega-project at the heart of Saudi Arabia's drive to ......
Finance
Saudi PIF to be anchor investor in Brookfield's $2 bn Middle East fund
Saudi Arabia's Public Investment Fund (PIF) will be an anchor investor in Brookfield Asset Management's new $2 billion Middle East-focused private fund, ......
Finance
Artal Capital CEO on key sectors for maiden PE fund, deals, Saudi IPO market, and more
Riyadh-based multi-asset investment firm Artal Capital, which manages assets worth $600 million, is eyeing deals in tech-based companies in six ......
Finance
Saudi Arabian wealth fund PIF to cut overseas investments
Saudi Arabia's sovereign wealth fund plans to cut its overseas investments by about a third, its governor told a conference ......
Finance
Gulf Islamic Investments raises additional capital to strike deals in GCC region
UAE-based Gulf Islamic Investments (GII), which manages assets under management of over $4.5 billion across private equity, venture capital and real ......
Infrastructure
MENA Digest: Prypco leads funding this week; Pargo, invygo, Mala also raise capital
The Middle East and North Africa region saw key funding announcements this week, led by UAE-based proptech startup Prypco, which ......
General
MENA Digest: Global Ventures-backed Abhi leads fundraising this week
Abhi, a UAE-based fintech startup, which is backed by Global Ventures and VentureSouq, led fundraising activity in the Middle East ......
Finance
Jada-backed Artal Capital eyes final close of maiden PE fund by Q1 2025
Artal Capital, a Riyadh-based multi-asset investment firm that manages assets worth $600 million and marked the first close of its ......
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