UAE
Manufacturing
Abu Dhabi's CYVN Holdings inks non-binding deal to buy McLaren's automotive business
Abu Dhabi-based investment vehicle CYVN Holdings has entered a non-binding agreement to buy 100% of carmaker McLaren's automotive business from ......
Finance
Mubadala ties up with Temasek unit Seviora for co-investments
Mubadala Investment Company's Mubadala Capital and Seviora Holdings, a unit of Singapore state investor Temasek, are forming a partnership to ......
Consumer
Middle Eastern consumer chain Lulu Retail seeks to raise $1.4 bn via IPO
Lulu Retail Holdings, which runs one of the Middle East's biggest hypermarket chains, said on Monday it aims to raise ......
Infrastructure
MENA Digest: Prypco leads funding this week; Pargo, invygo, Mala also raise capital
The Middle East and North Africa region saw key funding announcements this week, led by UAE-based proptech startup Prypco, which ......
Consumer
Middle Eastern retail chain Lulu kickstarts IPO process
Lulu Retail Holdings, which runs one of the Middle East's biggest hypermarket chains, kicked off an initial public offering on ......
General
MENA Digest: Global Ventures-backed Abhi leads fundraising this week
Abhi, a UAE-based fintech startup, which is backed by Global Ventures and VentureSouq, led fundraising activity in the Middle East ......
TMT
MENA Digest: Ejari bags a big cheque; fintechs OCTA, Krti, Qpay get funding
Dealmaking activity in the Middle East and North Africa region this week was led by Saudi Arabian e-grocery delivery platform ......
Infrastructure
ADIA writes off 9.9% stake in struggling British utility Thames Water: Report
Abu Dhabi's sovereign wealth fund, one of the largest shareholders in Thames Water, has written off its nearly 9.9% stake ......
TMT
MENA Digest: Saudi's Al Menu leads funding activity; Global Ventures onboards new LP
Saudi Arabian foodtech SaaS firm Al Menu led startup funding activities in the Middle East and North Africa region this ......
General
LP Summit Dubai 2024: Digitalization to lead UAE's investment strategy, say panellists
Traditionally known for its oil sector, the UAE is now turning its focus towards manufacturing and technology, as the country ......
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