Saudi Arabia
TMT
MENA Digest: Saudi firm CoreVision buys VeFund; MoneyHash, Hayi get funding
Saudi investment firm CoreVision led dealmaking activity in the Middle East and North Africa region during the week as it ......
TMT
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 ......
Finance
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 ......
Finance
Saudi wealth fund PIF splashes cash in 2023 as Singapore's GIC slows investments
Saudi Arabia's Public Investment Fund accounted for about a quarter of the almost $124 billion spent by sovereign wealth funds ......
General
Gulf Digest: Two Saudi startups propel deal momentum this week
Funding activity in the Middle East was led by growth-stage funding of two startups during the final week of 2023. Soum ......
TMT
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 ......
Finance
Saudi Arabia to consider sovereign wealth fund office in India's GIFT City
Saudi Arabia will consider setting up an office of its sovereign wealth fund in India's Gujarat International Finance Tec-City (GIFT) ......
Consumer
VC-backed Floranow acquires Saudi Arabian flower distributor Bloomax
The UAE-based business-to-business online floral marketplace Floranow has fully acquired Saudi Arabia’s Bloomax, a wholesale distributor of fresh flowers for ......
TMT
Saudi PIF-owned Savvy buys gaming firm for $4.9 bn; STV fund gets LP cheque
Funding activity in the Gulf region remained subdued in the first week of April with only a handful of companies ......
Finance
Oil slips as China fears continue to weigh on international prices
Oil prices fell sharply on Tuesday on a strong dollar, demand-sapping Covid-19 curbs in top crude importer China and fears ......