UAE
TMT
Abu Dhabi AI company Presight takes majority stake in tech venture AIQ
Artificial intelligence company Presight AI Holding has acquired a majority stake in AIQ, a technology joint venture between Abu Dhabi ......
TMT
UAE's e& seeks to buy $8.6 bn European carrier United Group
Abu Dhabi-based Emirates Telecommunications is considering an acquisition of European cable and pay-TV operator United Group at a valuation of ......
TMT
Abu Dhabi-backed RedBird IMI scraps Telegraph deal, to sell UK newspaper
Abu Dhabi-backed RedBird IMI on Tuesday said it would sell the Telegraph after it scrapped its acquisition of the right-leaning ......
General
Global asset manager Barings opens office in Dubai
Barings, a global investment management firm that manages assets worth $406 billion, has opened an office in Dubai to help ......
Finance
In Charts: How Dubai Future District Fund deployed corpus across startups, VC funds
The Dubai Future District Fund (DFDF), the region’s first evergreen venture capital fund-of-funds, has committed about a fifth of its ......
Manufacturing
UAE's ADNOC recently eyed BP as takeover target
The United Arab Emirates' state-owned oil company recently considered buying Britain's BP but the deliberations did not progress beyond preliminary ......
Finance
Gulf Islamic Investments plans third India-focused fund
The UAE-based Gulf Islamic Investments (GII), which manages assets worth more than $4.5 billion in private equity, venture capital and ......
TMT
MENA Digest: Saudi firm CoreVision buys VeFund; MoneyHash, Hayi get funding
Saudi investment firm CoreVision led dealmaking activity in the Middle East and North Africa region during the week as it ......
TMT
Dubai's MEVP scores maiden ‘dragon' exit and first full harvest from second VC fund
Middle East Venture Partners (MEVP), a Dubai-based venture capital firm which invests in early- and growth-stage tech startups, has made ......
Finance
Gulf Succession Partners' Husseini on managing one of the first search funds in the region and more
Gulf Succession Partners, one of the first search funds operating out of the Middle East, recently bagged $440,000 from 17 ......
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