Saudi Arabia
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 ......
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 ......
Finance
Saudi PIF-backed Jada commits capital to healthcare-focused PE fund
Saudi Arabia’s Public Investment Fund (PIF)-backed Jada Fund-of-Funds has struck its third limited partner style bet this year, backing a ......
TMT
MENA Digest: Abyan Capital, Bon Plus raise early-stage funds
Dealmaking activity in the Middle East and North Africa decelerated compared to the previous week but saw at least two ......
TMT
Why UAE's Nuwa Capital is reluctant to invest in these tech sectors
Nuwa Capital, a UAE-based venture capital firm, which is currently deploying its maiden $100-million fund in early-stage businesses, is keeping ......
Finance
In Charts: Saudi Venture Capital doubles down on commitments in 2023
Riyadh’s state-owned institution Saudi Venture Capital (SVC), which manages assets worth $2.2 billion, almost doubled its funding commitments in 2023 ......
Finance
VC investments in Middle East fall year-on-year but rise from pre-pandemic levels
Venture capital investments in the Middle East declined during 2023, albeit not too significantly, with the region appearing as a ......
Finance
Investcorp set to mark final close of Saudi Pre-IPO Growth Fund
Bahrain-based alternative investment firm Investcorp, which manages assets worth $50 billion across the globe, is set to wrap up fundraising ......
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 ......