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VC firm MEVP marks second full exit from Fund II, DPI reaches 118%

TMT

18 November, 2024

VC firm MEVP marks second full exit from Fund II, DPI reaches 118%

Gulf-focused venture capital firm Middle East Venture Partners (MEVP), which invests in early and growth-stage tech startups and is currently ......

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Former Investcorp executive floats own asset management firm

Finance

12 November, 2024

Former Investcorp executive floats own asset management firm

Mubadala-backed alternative investment firm Investcorp’s former top executive has rolled out an asset management firm that will deploy capital in ......

Dubai and Abu Dhabi race to lure world's wealth managers

Finance

24 October, 2024

Dubai and Abu Dhabi race to lure world's wealth managers

Abu Dhabi is emerging from Dubai's shadow as it attracts its own share of asset managers' and billionaires wealth, helping ......

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Gulf Capital partially exits bolt-on acquisition after eight years

Infrastructure

10 September, 2024

Gulf Capital partially exits bolt-on acquisition after eight years

Gulf Capital, a UAE-based private equity firm that manages over $2.4 billion in assets, partially monetised one of its bolt-on ......

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MENA Digest: Deal activity picks up with two big Series A funding

Finance

06 September, 2024

MENA Digest: Deal activity picks up with two big Series A funding

Fintech startups in the Middle East and North Africa region accelerated the dealmaking activity this week led by UAE’s Ziina ......

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MENA Digest: UAE startups lead fundraising activity this week

TMT

30 August, 2024

MENA Digest: UAE startups lead fundraising activity this week

UAE-based startups led fundraising activity in the Middle East and North Africa region this week, securing early-stage investments. While Web3 ......

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MENA Digest: Volume low this week; July funding amount jumps threefold

TMT

16 August, 2024

MENA Digest: Volume low this week; July funding amount jumps threefold

Startup funding activity in the Middle East and North Africa region this week was led by UAE-based meals aggregator platform ......

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Dubai Future District Fund sees change of guard as CEO steps down

People

14 August, 2024

Dubai Future District Fund sees change of guard as CEO steps down

Dubai Future District Fund (DFDF), the region’s first evergreen venture capital fund-of-fund is undergoing a change of guard with Sharif ......

Dubai's Sidara drops plans to buy UK's Wood Group

Infrastructure

05 August, 2024

Dubai's Sidara drops plans to buy UK's Wood Group

Dubai's Sidara said on Monday it was walking away from its plan to buy UK's John Wood Group, citing rising ......

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MENA Digest: UAE startups lead weekly funding; investment activity slows in June

TMT

12 July, 2024

MENA Digest: UAE startups lead weekly funding; investment activity slows in June

At least three UAE-based startups secured venture capital funding during the week, even as the overall deals activity in the ......