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Gulf VC MEVP onboards Saudi LP for $150 mn Fund IV

Finance

17 December, 2024

Gulf VC MEVP onboards Saudi LP for $150 mn Fund IV

Middle East Venture Partners (MEVP), a Gulf-focused venture capital firm that backs early and growth-stage tech startups has secured the ......

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Shorooq onboards new Korean investor for infusion in new asset classes

Finance

10 December, 2024

Shorooq onboards new Korean investor for infusion in new asset classes

Abu Dhabi-based multi-asset investment firm Shorooq Partners, backed by ten sovereign wealth funds including UAE’s Mubadala and Korean Venture Investment ......

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UAE's Aliph Capital gets another Saudi investor for debut fund

Finance

04 December, 2024

UAE's Aliph Capital gets another Saudi investor for debut fund

Aliph Capital, a UAE-based private equity firm that backs mid-market companies in the Gulf region, has got on board another ......

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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 ......

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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 ......