UAE
TMT
MENA Digest: Nymcard nets $33 mn; ClearGrid, PlaysOut get seed money
Dubai Future District Fund-backed payments infrastructure provider Nymcard led the funding activity in the Middle East and North Africa region ......
TMT
Abu Dhabi's ADQ ties up with ECP to invest over $25 bn in data centre energy projects
Abu Dhabi sovereign wealth fund ADQ has partnered with U.S. private equity firm Energy Capital Partners to invest more than ......
TMT
Abu Dhabi-backed MGX buys into Binance with $2 bn of crypto
Abu Dhabi-backed investment group MGX has made a $2 billion cryptocurrency investment in Binance, the companies said on Wednesday, deepening ......
Manufacturing
ADNOC eyes international listing of investment arm XRG
Abu Dhabi National Oil Company is considering listing its international investment arm XRG on an exchange outside of the United ......
Manufacturing
ADNOC, Austria's OMV to form $60 bn JV; to buy Canada's Nova Chemicals
Austrian energy firm OMV and Abu Dhabi National Oil Co will merge their polyolefin businesses to create a $60 billion ......
TMT
MENA Digest: UAE's Flow48, Saudi Arabian CQR, Bahrain's Lola get funding
United Arab Emirates-based fintech startup Flow48 led fundraising activity in the Middle East and North Africa (MENA) region this week, ......
TMT
MENA Digest: UAE's Blum, Tunisian startup Dabchy, Egypt's Qme get funding
Startup fundraising activity in the Middle East and North Africa region slowed this week compared to the previous week, when ......
Consumer
Reliance launches homegrown cola brand 'Campa' in UAE
Reliance Consumer Products on Tuesday launched its home-grown cola brand, Campa Cola, in the United Arab Emirates, marking the brand's ......
TMT
BECO Capital outlines new fund's AI investment strategy
BECO Capital, a UAE-based venture capital firm that is currently deploying from its fourth investment vehicle has outlined its AI investment strategy ......
Consumer
Dubai-based Huda Beauty sells fragrance line KAYALI to co-founder and General Atlantic
Dubai-based Huda Beauty will sell its popular fragrance brand KAYALI to its co-founder and General Atlantic in a move that ......
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