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MENA Digest: Lokalee, Maalexi get pre-Series A cheques; MEVP backs Clinicy

TMT

12 January, 2024

MENA Digest: Lokalee, Maalexi get pre-Series A cheques; MEVP backs Clinicy

Dealmaking in the Middle East and North Africa region accelerated in the second week of 2024, with a slew of ......

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Gulf Capital makes third exit move within five months

Consumer

09 January, 2024

Gulf Capital makes third exit move within five months

The UAE-based private equity firm Gulf Capital has exited a company that was part of the portfolio of its third ......

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In Charts: How Middle East sovereign funds are cementing their global dominance

Finance

08 January, 2024

In Charts: How Middle East sovereign funds are cementing their global dominance

Sovereign wealth funds of Saudi Arabia and other Middle Eastern nations deployed more capital in 2023 than the year before ......

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Flashback 2023: How startup dealmaking panned out across the MENA region

TMT

29 December, 2023

Flashback 2023: How startup dealmaking panned out across the MENA region

The Middle East and North Africa (MENA) region has recorded a surge in startup activity over the last few years ......

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ADQ-backed Filipino fintech Salmon set to snag fresh equity funding

TMT

22 December, 2023

ADQ-backed Filipino fintech Salmon set to snag fresh equity funding

Fintech Holdings Ltd, a Filipino fintech firm that operates under the Salmon brand and counts Abu Dhabi sovereign wealth fund ......

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Dubai VC firm MEVP's Sarwahi on AI and other exciting areas, LP pool and more

Finance

30 June, 2023

Dubai VC firm MEVP's Sarwahi on AI and other exciting areas, LP pool and more

Middle East Venture Partners (MEVP), a Dubai-based venture capital firm, is eyeing startups in new tech areas such as augmented ......

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How Dubai VC Global Ventures' bigger third fund differs from its first two vehicles

Finance

25 May, 2023

How Dubai VC Global Ventures' bigger third fund differs from its first two vehicles

Dubai-based venture capital firm Global Ventures has identified new focus areas to deploy capital from its third fund, a top executive told VCCircle, as ......

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Dailyhunt sets foot outside India, to launch operations in West Asia

TMT

21 June, 2022

Dailyhunt sets foot outside India, to launch operations in West Asia

VerSe Innovation Pvt. Ltd, flush from a massive $805 million capital raise in April, has marked its international entry with ......

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UAE's Key Capital eyes first close of debut secondaries fund, builds deal pipeline

Finance

17 December, 2024

UAE's Key Capital eyes first close of debut secondaries fund, builds deal pipeline

Key Capital, a UAE-based investment firm focused on secondaries transactions, is raising its debut fund and is aiming to hit ......

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UAE conglomerate Al Nowais' arm to get another backer for Egypt solar project

Infrastructure

13 December, 2024

UAE conglomerate Al Nowais' arm to get another backer for Egypt solar project

AMEA Power, the clean energy arm of the UAE-based conglomerate Al Nowais Investments, is set to secure an investment commitment ......