SoftBank Seeks Up to $100B From Gulf Investors for New AI Fund
SoftBank is reportedly seeking up to $100 billion from Gulf investors to…
Mubadala Raises Asia Portfolio Share to 13% as It Expands Regional Investments
Mubadala, Abu Dhabi’s sovereign wealth fund, is increasing its focus on Asia,…
NEOPAY to Acquire 65% of Noon Payments in Regional Expansion Deal
UAE-based payments company NEOPAY has signed a definitive agreement to acquire a…
Saudi Cultural Fund Signs SAR 39M Film and TV Production Deal with Rotana
Saudi Arabia’s Cultural Fund has signed a financing agreement with Rotana Media…
UAE Funds Consider Up to $10B Investment in OpenAI’s $30B Funding Round
Several investment funds from the United Arab Emirates, including MGX, are in…
Iraq Announces $2.7B Package to Support Economic Growth
Iraq has announced a 3.5 trillion dinar ($2.7 billion) package to stimulate…
Abu Dhabi Invests $80M to Upgrade Public Transport Technology
Abu Dhabi is investing around AED300 million ($80 million) to modernise the…
Raya Holding Approves Up to $60M for Proposed Egyptian Data Center Acquisition
Raya Holding has approved funding of up to $60 million to support…
EBRD Approves Up to $32.1M Equity Investment in Hassan Allam Utilities’ RWD
The European Bank for Reconstruction and Development (EBRD) has approved an equity…
Saudi Entrepreneur Abdulaziz Al-Salloum Acquires 10% Stake in UAE-Based GlobalPay
UAE-based fintech company GlobalPay has added Saudi technology entrepreneur and executive Abdulaziz…
Huspy Enters Italy With Integra Finance Acquisition and $86M Investment Plan
UAE-founded proptech Huspy has entered Italy after acquiring credit intermediary Integra Finance,…
Nawy Shares and CI Capital to Launch Digital Real Estate Funds in 2027
Nawy Shares and CI Capital Asset Management have signed a partnership to…
Fintra Holding Launches UPN Consortium Across 50+ Markets
FinTra Holding has launched the UPN Consortium, an open platform bringing together…
Saudi SHL Finance Renews $53.3M Credit Facility with Saudi Investment Bank
Saudi Arabia’s SHL Finance has renewed a five-year, Shariah-compliant credit facility worth…
EFG Holding Secures $40M EBRD Facility to Expand MSME Financing in Egypt
Egyptian financial services group EFG Holding has secured a $40M, four-year senior…
B Investments Sells 26M Gourmet Egypt Shares for $8.02M
B Investments Holding has sold 26 million shares in Gourmet Egypt for…
QIA and J.P. Morgan Asset Management Sign $20B Investment Partnership
Qatar Investment Authority (QIA) and J.P. Morgan Asset Management have signed a…
ADIA Sells $250M Stake in Indian Eyewear Retailer Lenskart
Abu Dhabi Investment Authority (ADIA) has sold 35 million shares in Indian…
NTDP and Tamam Sign MoU for SAR 200M Technology Sector Financing Portfolio
The National Program for the Development of the Information Technology Sector (NTDP)…
Saudi Arabia Ends Formal Participation in China-Led mBridge Payments Platform
Saudi Arabia has ended its formal participation in mBridge, a China-led project…
US FCC Approves Gulf Funds’ 49.5% Non-Voting Stake in Paramount-Warner Merger
The US Federal Communications Commission has approved an exemption allowing sovereign funds…
Monsha’at and STC Bank Sign $1.3B Financing Agreement for Saudi SMEs
Saudi Arabia’s General Authority for Small and Medium Enterprises, Monsha’at, has signed…
Lendo and Quantic launch $200M SME Financing Program in Saudi Arabia
Saudi fintech Lendo has partnered with Austria-based Quantic Financial Solutions on an…
Saudi Aramco Transfers 4% Stake to PIF’s Sanabil Investments
A 4% stake in Saudi Aramco has been transferred from Saudi state…
Saudi Sarat Ventures Targets $100M for 15 to 20 Biotech Startups
Saudi-based Sarat Ventures has launched a biotechnology investment fund targeting $100 million…
Morocco Launches $37M Startup Catalytic Fund
Morocco has launched the Startup Catalytic Fund, a $37M government-backed initiative designed…
B Investments Approves Acquisition of 53.5% Stake in BIG Investment Group
Egypt-based private equity firm B Investments Holding has approved a proposed acquisition…
Fina Launches SAR 500M Target Fund to Finance Saudi SMEs
Saudi fintech Fina has launched a private, closed-ended direct financing fund with…
Huspy Acquires Dubai Luxury Brokerage LuxuryX Ahead of Huspy Signature Launch
Dubai-based proptech and mortgage platform Huspy has acquired LuxuryX, a luxury residential…
Foodics Launches Capital 2.0 to Speed Up Restaurant Financing in MENA
Foodics has launched Capital 2.0, an automated financing solution designed to give…
Shorooq and Emirates Growth Fund Invest in FMSi to Expand Across Gulf Markets
Shorooq and Emirates Growth Fund (EGF) have made a growth investment in…
EDGE Completes Acquisition of Brazilian Aerospace Firm AKAER
UAE-based advanced technology and defence group EDGE has completed its acquisition of…
Saudi PIF Studies Potential EA and Savvy Games Group Merger
Saudi Arabia’s Public Investment Fund (PIF) is studying a potential merger between…
Zamanat Sponsors Up To $100 Million Tokenized Private Credit Fund To Address GCC SME Financing Gap
Dubai-based Zamanat has announced its sponsorship of Zamanat Fund CEIC Limited, a…
Saudi-Based Hurr Announces $2M Growth Initiative for Freelance Services
Saudi-based freelance platform Hurr has announced a $2M growth initiative combining a…
Arcapita Invests in STV’s Emerging Tech & AI Fund
Global alternative investment firm Arcapita has invested in STV’s Emerging Tech &…
IHC Subsidiary to Acquire 80% Stake in UAE Space Investor Marlan
Abu Dhabi-based International Holding Company (IHC) is expanding into the space sector…
Egypt’s Sovereign Fund Launches $19.6M Industrial Investment Sub-Fund
The Sovereign Fund of Egypt (TSFE) has approved a new sub-fund focused…
Creative Investments Holding Secures $20M First Close, Targets $50M Raise
Abu Dhabi-based Creative Investments Holding has secured $20 million in initial commitments…
Cultiv Plans $10M Second Fund to Back DeepTech Startups Across MENA and Africa
Cultiv plans to raise $10 million for its second investment fund, Tectonic…
PayTabs Agrees to Acquire Amazon Payment Services’ MENA Business for $100M+
Saudi fintech PayTabs Group has agreed to acquire Amazon Payment Services’ Middle…
Saudi Investment Bank to Sell 50% Stake in American Express Saudi Arabia for SAR 1.43B
The Saudi Investment Bank (SAIB) has agreed to sell its entire 50%…
Synergy Capital and Nawy Now Close EGP 633M Second Issuance
Synergy Capital and Nawy Now have closed a second issuance of a…
Saudi E-commerce Platform Salla Acquires Paylink to Expand Payment Solutions
Saudi e-commerce platform Salla has acquired Paylink, a Saudi company specialising in…
Axelerated Solutions Launches $179M Fund for Two Saudi Data Centres
Saudi-listed IT company Axelerated Solutions is setting up a SAR675 million ($179…
Saudi Sukna Capital Plans $100M Venture Capital Fund
Sukna Capital is preparing to launch a second venture capital fund with…
Tasnee Sells Full Stake in Al-Rowad for $182M
Saudi Arabia’s National Industrialization Company, known as Tasnee, has completed the sale…
Snoonu Launches QAR 2M Fund for Qatar’s Local Merchants
Qatar-based super-app Snoonu has launched a QAR 2 million fund to provide…
Jordan’s Abwaab Acquires Egyptian Edtech Startup Eduact
Jordan-based education technology company Abwaab has acquired Egyptian edtech startup Eduact for…
Derayah Commits $65M to HOF Capital Fund Targeting AI and Advanced Technology
Saudi financial services company Derayah Financial has committed up to $65M to…