Saudi Arabia
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 ......
Finance
Goldman Sachs' Saudi Arabia CEO leaving firm
Goldman Sachs' Saudi Arabia CEO, Khalid Albdah, is leaving the firm, a source familiar with the situation told Reuters on Wednesday. Albdah has been ......
Manufacturing
Saudi firm Manara in talks to buy stake in First Quantum's Zambian mines
Saudi Arabia's Manara Minerals is closing in on a deal to buy a minority stake in Canadian miner First Quantum ......
Finance
SVC backs VC portfolio firm in second LP bet this year
Riyadh’s state-owned Saudi Venture Capital (SVC), which manages assets worth $2.2 billion, has struck its second limited partner-style bet this ......
TMT
MENA Digest: Ejari bags a big cheque; fintechs OCTA, Krti, Qpay get funding
Dealmaking activity in the Middle East and North Africa region this week was led by Saudi Arabian e-grocery delivery platform ......
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