UAE
Finance
Standard Chartered boosts private bank team in UAE, Singapore, Hong Kong
Standard Chartered has hired more than a dozen new bankers to its private banking teams in Singapore, Hong Kong and ......
Consumer
Alpha Dhabi Holding unit forms $680 mn JV with US vertical farming startup Plenty
U.S. vertical farming startup Plenty is forming a joint venture with Mawarid, a subsidiary of Alpha Dhabi Holding, in a ......
TMT
US lawmakers raise worries about China in Microsoft deal with Emirati AI firm G42
Republican lawmakers asked the Biden administration for an intelligence assessment of Microsoft's $1.5 billion investment in UAE-based artificial intelligence firm ......
Finance
In Charts: UAE dominates PE-VC activity in H1 2024 but Saudi Arabia makes a leap
The United Arab Emirates continued to dominate private equity and venture capital deals activity in the Middle East during the ......
Infrastructure
Egyptian, Emirati companies sign $500 mn real estate deal in Egypt
Egypt's Safwat Kaliouby Group (SKG) holding company and Emirati KSH Investment Company have signed a 24 billion Egyptian pound ($500 ......
Finance
UAE's Global Ventures gets bigger cheque from returning LP for third fund
Global Ventures, a UAE-based growth-stage venture capital firm that manages a portfolio of over 60 companies, has brought on board ......
Finance
In Charts: How Middle East PE-VC dealmaking fared in H1 2024
The number of private equity and venture capital deals in the Middle East region fell by almost a fourth in ......
TMT
BitOasis backer Wamda Capital joins CoinDCX cap table as common investor Pantera stays put
UAE-based venture capital firm Wamda Capital, an early investor of BitOasis, has joined the cap table of Indian digital assets ......
TMT
MENA Digest: Connect Money leads fundraising; Smpl Holdings sets up VC fund
Egyptian fintech startup Connect Money led funding activities in the Middle East and North Africa region this week. It raised $8 ......
Consumer
Brookfield leads investment in Dubai's GEMS Education as CVC cuts stake
A consortium led by Brookfield Asset Management has agreed to invest in Dubai-based international education provider GEMS Education, the companies ......