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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…

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Huspy Enters Italy With Integra Finance Acquisition and $86M Investment Plan

UAE-founded proptech Huspy has entered Italy after acquiring credit intermediary Integra Finance,…

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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…

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Fintra Holding Launches UPN Consortium Across 50+ Markets

FinTra Holding has launched the UPN Consortium, an open platform bringing together…

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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…

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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…

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B Investments Sells 26M Gourmet Egypt Shares for $8.02M

B Investments Holding has sold 26 million shares in Gourmet Egypt for…

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QIA and J.P. Morgan Asset Management Sign $20B Investment Partnership

Qatar Investment Authority (QIA) and J.P. Morgan Asset Management have signed a…

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ADIA Sells $250M Stake in Indian Eyewear Retailer Lenskart

Abu Dhabi Investment Authority (ADIA) has sold 35 million shares in Indian…

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NTDP and Tamam Sign MoU for SAR 200M Technology Sector Financing Portfolio

The National Program for the Development of the Information Technology Sector (NTDP)…

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Saudi Arabia Ends Formal Participation in China-Led mBridge Payments Platform

Saudi Arabia has ended its formal participation in mBridge, a China-led project…

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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…

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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…

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Lendo and Quantic launch $200M SME Financing Program in Saudi Arabia

Saudi fintech Lendo has partnered with Austria-based Quantic Financial Solutions on an…

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Saudi Aramco Transfers 4% Stake to PIF’s Sanabil Investments

A 4% stake in Saudi Aramco has been transferred from Saudi state…

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Saudi Sarat Ventures Targets $100M for 15 to 20 Biotech Startups

Saudi-based Sarat Ventures has launched a biotechnology investment fund targeting $100 million…

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Morocco Launches $37M Startup Catalytic Fund

Morocco has launched the Startup Catalytic Fund, a $37M government-backed initiative designed…

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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…

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Fina Launches SAR 500M Target Fund to Finance Saudi SMEs

Saudi fintech Fina has launched a private, closed-ended direct financing fund with…

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Huspy Acquires Dubai Luxury Brokerage LuxuryX Ahead of Huspy Signature Launch

Dubai-based proptech and mortgage platform Huspy has acquired LuxuryX, a luxury residential…

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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…

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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…

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EDGE Completes Acquisition of Brazilian Aerospace Firm AKAER

UAE-based advanced technology and defence group EDGE has completed its acquisition of…

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Saudi PIF Studies Potential EA and Savvy Games Group Merger

Saudi Arabia’s Public Investment Fund (PIF) is studying a potential merger between…

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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…

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Saudi-Based Hurr Announces $2M Growth Initiative for Freelance Services

Saudi-based freelance platform Hurr has announced a $2M growth initiative combining a…

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Arcapita Invests in STV’s Emerging Tech & AI Fund

Global alternative investment firm Arcapita has invested in STV’s Emerging Tech &…

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IHC Subsidiary to Acquire 80% Stake in UAE Space Investor Marlan

Abu Dhabi-based International Holding Company (IHC) is expanding into the space sector…

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Egypt’s Sovereign Fund Launches $19.6M Industrial Investment Sub-Fund

The Sovereign Fund of Egypt (TSFE) has approved a new sub-fund focused…

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Creative Investments Holding Secures $20M First Close, Targets $50M Raise

Abu Dhabi-based Creative Investments Holding has secured $20 million in initial commitments…

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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…

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PayTabs Agrees to Acquire Amazon Payment Services’ MENA Business for $100M+

Saudi fintech PayTabs Group has agreed to acquire Amazon Payment Services’ Middle…

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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%…

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Synergy Capital and Nawy Now Close EGP 633M Second Issuance

Synergy Capital and Nawy Now have closed a second issuance of a…

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Saudi E-commerce Platform Salla Acquires Paylink to Expand Payment Solutions

Saudi e-commerce platform Salla has acquired Paylink, a Saudi company specialising in…

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Axelerated Solutions Launches $179M Fund for Two Saudi Data Centres

Saudi-listed IT company Axelerated Solutions is setting up a SAR675 million ($179…

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Saudi Sukna Capital Plans $100M Venture Capital Fund

Sukna Capital is preparing to launch a second venture capital fund with…

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Tasnee Sells Full Stake in Al-Rowad for $182M

Saudi Arabia’s National Industrialization Company, known as Tasnee, has completed the sale…

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Snoonu Launches QAR 2M Fund for Qatar’s Local Merchants

Qatar-based super-app Snoonu has launched a QAR 2 million fund to provide…

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Jordan’s Abwaab Acquires Egyptian Edtech Startup Eduact

Jordan-based education technology company Abwaab has acquired Egyptian edtech startup Eduact for…

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Derayah Commits $65M to HOF Capital Fund Targeting AI and Advanced Technology

Saudi financial services company Derayah Financial has committed up to $65M to…

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Alpha Dhabi Raises Mubadala Credit JV Stake To 40% With $1B Commitment

Abu Dhabi-listed Alpha Dhabi Holding has increased its ownership in MICAD Credit…

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Channel Capital Takes Minority Stake in Beehive’s $163.3m Emirati SME Funding Program

Channel Capital Advisors has acquired a minority interest in Magellan’s position in…

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Roblox to Establish Riyadh Headquarters for MENA Operations

Roblox has chosen Riyadh as the location for its regional headquarters serving…

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Saudi Master Works Acquires Majority Stake in 1sTech

Saudi Arabia’s Master Works Group has acquired a majority stake in geospatial…

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Ataa Educational Secures SAR 200M Facility for Acquisitions and New Schools

Saudi Arabia’s Ataa Educational Company has signed a SAR 200M banking facility…

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Ventures Platform Closes $84M Pan-African Fund II

African seed-stage venture capital firm Ventures Platform has closed its second institutional…

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MBC Group Launches MBC Games Studio With 1001 Threads of Mizan

MBC Group has entered the global games industry with the launch of…

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Airwallex to Invest $43M in UAE Over Five Years

Airwallex plans to invest $43M in the UAE over the next five…

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Saudi NDF Approves $112M for Gaming and Esports Sector

Saudi Arabia’s National Development Fund (NDF) has approved more than $112M (SAR…

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