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UAE

Finance

18 July, 2024

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

18 July, 2024

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

12 July, 2024

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 ......

Premium

Finance

11 July, 2024

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

10 July, 2024

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 ......

Premium

Finance

09 July, 2024

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 ......

Premium

Finance

08 July, 2024

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 ......

Premium

TMT

03 July, 2024

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 ......

Premium

TMT

28 June, 2024

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

19 June, 2024

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 ......