News

Latest News

Egypt’s AntX Acquires EdTech Startup Magnum Egypt to Boost Regional Tech Talent

AntX, an Egyptian company specialising in research and development (R&D) and technology…

3 Min Read

Kuwait’s Baims Acquires MedMasters to Enter Iraq’s EdTech Market

Kuwaiti educational technology group Baims has announced its acquisition of MedMasters, an…

3 Min Read

Jordan’s Oasis500 Launches $20M+ Fund To Boost Early-Stage Tech Startups

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

3 Min Read

Savvy Games Group in Advanced Talks for $6 Billion Moonton Acquisition

Savvy Games Group, the gaming and esports company backed by Saudi Arabia's…

3 Min Read

Qatar Investment Authority Co-Leads $350 Million Round For Commercial Space Leader Axiom Space

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

3 Min Read

Silicon Valley Pioneer Adeo Ressi To Launch 100 New VC Firms In The Middle East By 2028

Adeo Ressi, the CEO of Decile Group, Chairman of the Founder Institute,…

4 Min Read

Ruya Partners Launches $400 Million Fund to Bridge MENA’s Private Credit Gap

Abu Dhabi-based private credit firm, Ruya Partners, is launching a campaign to…

3 Min Read

ADIB Capital Targets Global Digital Infrastructure With New Sharia-Compliant Fund

ADIB Capital Limited, the DIFC-based and DFSA-regulated subsidiary of Abu Dhabi Islamic…

3 Min Read

Egypts Mubasher Capital Seeks to Launch Nations First Silver Investment Fund

Egyptian asset management firm Mubasher Capital is preparing to launch the country's…

3 Min Read

Mubadala Capital Leads $6.2 Billion Acquisition Of Clear Channel Outdoor

Abu Dhabi’s Mubadala Capital, in partnership with US private equity firm TWG…

3 Min Read

Egypt’s Beltone Holding Acquires Baobab Group to Forge a Pan-African Financial Platform

Cairo-based Beltone Holding, a leading financial services institution, has announced the successful…

3 Min Read

Egypt’s Engazaat Unveils $100 Million Climate Infrastructure Investment Plan

Egyptian asset manager engazaat has announced plans to invest over $100 million…

3 Min Read

PIF Unveils $19 Billion in Opportunities to Supercharge Private Sector Growth

Saudi Arabia's Public Investment Fund (PIF) has announced a landmark initiative to…

3 Min Read

Mubadala Sells Getir’s Delivery Business to Uber

Uber has announced its agreement to acquire the delivery division of Turkish…

3 Min Read

Saudi Arabia’s New $100M VC Fund Targets Defence Tech Localisation

A new $100 million venture capital fund, Masna Ventures Fund I, has…

3 Min Read

Saudi’s HUMAIN Acquires Controlling Stake In UK’s ai.io To Launch HUMAIN Sport

HUMAIN, a PIF-owned company focused on full-stack artificial intelligence, has announced the…

4 Min Read

Jordan’s Oasis500 Launches Fourth Fund Targeting Over $20 Million For Early-Stage Tech

Oasis500, a cornerstone of Jordan's startup ecosystem, has announced the launch of…

3 Min Read

Qatar Investment Authority Partners With Franklin Templeton To Launch $200 Million Equity Fund

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

2 Min Read

Palestine’s Tzkrti Introduces New Fund To Empower Independent Arab Creatives

Palestinian-founded online ticketing platform Tzkrti.com has launched the Tzkrti Cultural Impact Fund,…

3 Min Read

UAE’s MGX Nears Major Investment In Anthropic’s $20 Billion AI Funding Round

Abu Dhabi-based MGX is reportedly close to finalizing a deal to invest…

4 Min Read

UAE’s Clara Acquired by Singapore’s Ascentium to Expand Global Reach

UAE-based regtech and corporate service provider Clara has been acquired by Ascentium,…

3 Min Read

Saudi’s PIF Inks Over SAR 60 Billion in MOUs to Fuel Private Sector Growth

The fourth edition of the Public Investment Fund (PIF) and Private Sector…

4 Min Read

QDB And Ooredoo Evolve Joint Incubator Into New Investment Platform

Qatar Development Bank (QDB) and Ooredoo have signed a Memorandum of Understanding…

4 Min Read

stc Wins $800 Million Bid to Build Syria’s Silklink Digital Infrastructure

Saudi Telecom Company (stc) has officially been awarded a landmark contract valued…

3 Min Read

Saudi’s Masna Ventures Launches USD 100M Fund To Bolster Defense Tech

Masna Ventures, a Saudi-based venture capital firm, has announced the launch of…

2 Min Read

Red Sea Global And Bunat VC To Launch New AI Venture Fund in Saudi Arabia

Red Sea Global (RSG), the developer behind Saudi Arabia's ambitious regenerative tourism…

4 Min Read

Egypts CIB To Invest USD 300M In New Standalone Digital Bank

Egypt’s Commercial International Bank (CIB) is advancing its digital transformation strategy with…

3 Min Read

UAE Cloud Specialist Zero&One Acquired By Global Tech Giant NTT DATA

In a significant move for the MENA region's cloud computing sector, UAE-based…

3 Min Read

Islamic Development Bank Launches Concessional Fund to Support Least Developed Member Countries

In a significant move to accelerate sustainable development, the Islamic Development Bank…

3 Min Read

Saudi Arabia Set To Launch First $100 Million Defense-Focused Venture Fund

US-based firm MASNA Ventures is preparing to launch the first venture capital…

3 Min Read

Egypt Launches National Startup Charter Targeting 5000 Startups and $1 Billion in Funding

The Egyptian government has officially launched the "Egypt Startup Charter" during the…

5 Min Read

Saudi Arabia Spearheads Syria’s Economic Revival With Major Aviation and Telecom Deals

Saudi Arabia and Syria have signed a series of multi-billion dollar investment…

3 Min Read

Mubadala Capital Closes Oversubscribed $554 Million Co-Investment Fund

Mubadala Capital, the alternative asset management subsidiary of Abu Dhabi's Mubadala Investment…

3 Min Read

Palestine’s EnterVentures Launches Athar Fund To Back Early-Stage Tech Startups

EnterVentures, a leading Palestinian consulting firm specializing in startup ecosystem development, has…

3 Min Read

Qatar’s Snoonu Founder Hamad Al-Hajri Joins Rasmal Ventures As Investor

Rasmal Ventures, Qatar’s first independent venture capital firm, has announced that Hamad…

3 Min Read

Egypt’s Zilla Capital Targets Morocco And Saudi Arabia In Regional Growth Push

Egyptian investment bank Zilla Capital has announced significant expansion plans, setting its…

3 Min Read

Saudi Arabia Launches National Privatization Strategy Targeting Over SR240 Billion in Private Investment

Saudi Arabia has officially commenced the implementation of its National Privatization Strategy,…

4 Min Read

QRDI Council Awards QAR 30 Million To 20 SMEs At Web Summit Qatar

The Qatar Research, Development, and Innovation (QRDI) Council has officially announced the…

2 Min Read

Egypt Launches Groundbreaking National Startup Charter to Attract $5B in Investment

The Egyptian government has announced the official launch of its national Startup…

4 Min Read

Qatar to Expand Start from Qatar Investment Program to QAR 1 Billion

Amid the landmark inaugural Web Summit Qatar, Abdulrahman bin Hisham Al-Suwaidi, CEO…

4 Min Read

Bahrain’s Tarabut Acquires Servable To Integrated AI Into Open Banking Infrastructure

Tarabut, the Bahrain-based leader in regulated open banking infrastructure, has announced the…

3 Min Read

Saudi Arabia Deepens Syrian Ties With Multi-Billion Dollar Investment Package

Saudi Arabia is set to announce a new multi-billion-dollar investment package in…

3 Min Read

Jordanian EdTech Alfredo Educational Acquires UK’s Tutor House for $600,000

Jordanian EdTech company Alfredo Educational has announced its acquisition of the UK-based…

2 Min Read

Shorooq Partners Unveils $200 Million Late-Stage Fund Backed By QIA

UAE-based investment firm Shorooq Partners has announced the launch of a $200…

3 Min Read

Mubadala Eyes Stake In $10 Billion Singapore Data Centre Buyout

Abu Dhabi’s sovereign investor, Mubadala Investment Co, is reportedly in discussions to…

3 Min Read

Qatar Investment Authority Taps Five New VC Funds to Bolster Its $3 Billion Tech Program

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

4 Min Read

UAE’s BlueFive Capital Closes $3 Billion Onyx Fund For US And Europe Tech Investments

Abu Dhabi-based global investment firm BlueFive Capital has announced the final closing…

2 Min Read

Qatar Launches 10-Year Residency Program to Attract Global Talent and Investment

The Qatari government has officially launched a new 10-year residency program aimed…

3 Min Read

Qatar Investment Authority Injects Additional $2 Billion Into Its Startup Fund of Funds

Qatar has announced a significant expansion of its support for the startup…

3 Min Read

Saudi Arabia Launches Nitaqat Phase Two Aiming For 340,000 New Private Sector Jobs

The Ministry of Human Resources and Social Development has announced the launch…

3 Min Read