News

Latest News

Saudi Public Investment Fund Seeks EU Green Light for Landmark $55 Billion Electronic Arts Acquisition

Saudi Arabia’s Public Investment Fund is moving to finalize its monumental $55…

3 Min Read

IFC Considers $15 Million Commitment to Morocco’s New $165M IMG Fund I

The International Finance Corporation (IFC), the private-sector investment arm of the World…

3 Min Read

Abu Dhabi’s MGX Secures Nearly $50 Billion to Escalate Global AI Investment Push

Abu Dhabi is making a major play to become a dominant force…

3 Min Read

Jordan Injects JOD 1 Million into Fund for Home-Based Startups, Sparking Debate on Impact

Jordan’s Ministry of Labour is boosting its support for grassroots entrepreneurship by…

4 Min Read

Saudi Restaurant Tech Giant Foodics Completes Full Acquisition of Greek AI Startup Norma

Riyadh-based Foodics, a leading restaurant operations and financial management platform in the…

4 Min Read

Egypt Unveils Industrial Fund and Unified Digital Platform to Boost Local Production

Egypt’s government has announced two major initiatives aimed at strengthening the country's…

3 Min Read

Bahrain-Headquartered Investcorp Acquires UK Facilities Firm Smart Managed Solutions

Global alternative investment firm Investcorp has announced a definitive agreement to acquire…

4 Min Read

Abu Dhabi AI Giant MGX Eyes $20B Deal for Singapore’s DayOne Data Centers

Abu Dhabi's artificial intelligence investment firm, MGX, is exploring a potential acquisition…

4 Min Read

Saudi Fashion Commission Launches ZYA, The Kingdom’s First Fashion-Focused Investment Fund

The Saudi Fashion Commission has announced the launch of ZYA, the first…

3 Min Read

ADIA and Mubadala Commit $2 Billion to EQT’s Takeover of Intertek

Abu Dhabi’s top sovereign wealth funds are making another significant move on…

4 Min Read

UAE Launches First Retail T-Sukuk, Opening Government Investment to Individuals for AED 1,000

The UAE Ministry of Finance has introduced the country's first Sovereign Retail…

3 Min Read

Saudi DataVolt Secures $150M for 12MW Data Center in Uzbekistan

Saudi Arabian data center firm DataVolt is expanding into Central Asia, developing…

3 Min Read

Saudi SME Bank, Aramco, and Manafa Partner to Unlock SAR 1.5 Billion in SME Financing

Saudi Arabia’s SME Bank, in partnership with Aramco’s SME development program, Aramco…

4 Min Read

UAE’s Robo.ai to Acquire AI Venture Builder QC Capital in $60 Million Share Deal

UAE-based and Nasdaq-listed AI firm Robo.ai Inc. has announced an agreement to…

4 Min Read

Egyptian Fintech Valu Lands EGP 600M Loan to Scale Green Consumer Finance

Egyptian financial technology company Valu has secured an EGP 600 million loan…

3 Min Read

UAE’s Al Khayyat Investments Pours $100M into New Animal Health Venture, VetHealth

Dubai-based family conglomerate Al Khayyat Investments (AKI) has announced a significant $100…

3 Min Read

IMF Unlocks $188 Million For Jordan To Bolster Economic Stability And Private Sector Growth

The International Monetary Fund (IMF) has approved the fifth review of the…

3 Min Read

Saudi Arabia’s WakeCap Acquires AI Platform Frontline to Build Integrated Construction Intelligence Solution

Saudi construction technology company WakeCap has acquired Singapore-based Frontline, an AI-powered construction…

4 Min Read

Tamkeen Launches Musanada Rescue Fund for Conflict-Impacted SMEs in Bahrain

Bahrain’s Labour Fund, Tamkeen, has rolled out the ‘Musanada’ (Support) Programme, a…

3 Min Read

ISSF Injects $7 Million Into Endeavor’s $300M+ Fund to Boost Jordan’s Startups

The Jordan Enterprise Development Fund (ISSF) has announced a $7 million investment…

3 Min Read

Saudi Arabia’s Growth Catalyst Closes $96 Million Fund to Back Local Companies

Saudi-based investment firm Growth Catalyst has announced the first close of a…

2 Min Read

Hassan Allam and A15 Partner on $400M Data Centre to Fuel Egypt’s AI Strategy

Egypt’s digital infrastructure is set for a major expansion with a new…

4 Min Read

Kezad Group Pours $31M Into New Abu Dhabi Hub to Scale SMEs

Kezad Group, a subsidiary of AD Ports Group, has announced an AED…

3 Min Read

Aqaba Launches First-Ever Investment Fund to Back Startups in Southern Jordan

The Aqaba Special Economic Zone Authority (ASEZA), through its Directorate of Entrepreneurship…

4 Min Read

Mubadala Backs US Hedge Fund ExodusPoint in $2 Billion Capital Raise

Mubadala Investment Company, through its Abu Dhabi Investment Council (ADIC) unit, has…

2 Min Read

Kuwait Investment Authority Partners with KKR and Nvidia to Launch $10 Billion AI Infrastructure Firm

Kuwait's sovereign wealth fund, the Kuwait Investment Authority (KIA), has joined a…

3 Min Read

Saudi AI Platform Unifonic Acquires Segmentify to Scale Agentic Marketing Across MENA

Riyadh-based Unifonic, an AI-native customer engagement platform, has acquired Türkiye-founded AI personalization…

3 Min Read

Saudi Public Investment Fund and Gulf Funds Set for Major Windfall from Record $1.8 Trillion SpaceX IPO

Gulf investors, including Saudi Arabia’s Public Investment Fund (PIF), are looking at…

3 Min Read

Saudi Venture Capital Backs Khwarizmi’s Second Fund to Bolster Early-Stage Startups

Saudi Venture Capital (SVC) has invested in Khwarizmi Ventures' second fund, a…

4 Min Read

Saudi Ticketing Giant webook.com Enters Europe with Acquisition of Portugal’s SmartMove

Saudi Arabian entertainment and sports technology platform webook.com has announced its acquisition…

3 Min Read

BlueFive Capital Enters UAE Mobility Market with 49% Acquisition of LeasePlan Emirates

BlueFive Capital, an alternative investment firm, has acquired a 49% stake in…

4 Min Read

Jordan’s Oasis500 Launches New Fund After Portfolio Raises Over $135 Million

Jordanian early-stage investor and accelerator Oasis500 has announced the launch of its…

3 Min Read

Egypt’s Hany Rashwan Reportedly Closes $1.2B Crypto Exit with 21Shares Sale to FalconX

What started as a simple mission to help his mother invest in…

8 Min Read

Blue Owl Capital Establishes Abu Dhabi Regional HQ to Deepen Middle East Investor Ties

Global alternative asset manager Blue Owl Capital has officially opened a new…

2 Min Read

Jordanian EdTech Leader JoAcademy Acquires AI Startup NoNerds for $140,000

Jordanian edtech platform JoAcademy has acquired NoNerds, an artificial intelligence-focused education startup,…

3 Min Read

Palestine’s National Bank Inks $50M Deal to Channel EU-Backed Funding to SMEs

The Palestine Monetary Authority (PMA) and The National Bank have signed a…

3 Min Read

Zoom Launches Second Saudi Data Center, Doubling Down on $75M Investment and Kingdom’s AI Push

US-based video communications platform Zoom has launched a new data center in…

3 Min Read

Future Fund Oman Unveils $1.5 Billion Investment Plan for Tech, Energy, and SMEs

The Future Fund Oman (FFO) is set to inject OMR 570 million…

3 Min Read

Egypt’s Edafa Venture Acquires AI Startups Kuadra and IRRI Vision to Deepen Sector Focus

Egyptian venture capital firm Edafa Venture has acquired two local artificial intelligence…

3 Min Read

UAE’s CNTXT AI Acquires Actualize to Build Sovereign Arabic Voice Agents Across the GCC

UAE-based data and AI company CNTXT AI has announced its acquisition of…

4 Min Read

Morocco’s Tamwilcom Launches MAD 300 Billion Jossour 2030 Strategy to Fuel SME Growth

Morocco’s public financial institution, Tamwilcom, has officially launched its 2026-2030 strategic plan,…

4 Min Read

MENA’s Anara Impact Capital Secures $48M First Close for Debut Impact Fund

MENA-focused impact venture capital firm Anara Impact Capital has announced the first…

4 Min Read

Oman Launches Government Fund to Fuel Growth of Local Tech Companies

Oman’s Ministry of Transport, Communications and Information Technology (MTCIT) has announced a…

3 Min Read

UAE Telco du Launches $50 Million du Ventures Fund to Target Tech Startups

UAE telecom operator du is deploying significant capital to back its digital…

4 Min Read

Kingdom Holding Hits 10-Year Stock High Ahead of SpaceX IPO

Shares in Saudi Arabia’s Kingdom Holding surged to a decade-long high this…

3 Min Read

Abu Dhabi’s MGX Partners with Nvidia and Mistral in €7.5 Billion French AI Push

Abu Dhabi-based technology investment company MGX has joined a major partnership with…

3 Min Read

Qatar Investment Authority Deepens AI Bet, Backing Anthropic’s $65 Billion Pre-IPO Round

Qatar Investment Authority (QIA), the nation's sovereign wealth fund, has again increased…

3 Min Read

UAE Telco Giant e& Sells Part of Careem Super App Stake to Uber for $100 Million

UAE-based global technology group e& has entered a binding agreement to sell…

3 Min Read

Egypt Allocates EGP 90 Billion in New Budget to Boost Startups and Exports

Egypt's Minister of Finance, Ahmed Kojok, has announced a significant EGP 90…

2 Min Read

Abu Dhabi’s MGX Doubles Down on AI, Co-Leading OpenAI’s $122B Round and Backing Isomorphic Labs

Abu Dhabi’s AI investment powerhouse, MGX, has solidified its position as a…

3 Min Read