Abu Dhabi Investment Authority In Talks To Back Jeff Bezos’s Secretive AI Venture Project Prometheus
The Abu Dhabi Investment Authority (ADIA), one of the world's largest sovereign…
Saudi-Egyptian VC EDAFA Targets USD 10 Million for Egyptian Startups in 2026
Saudi-Egyptian venture capital firm EDAFA has announced plans to deploy USD 10…
UAE’s EDGE Group Forges $1.5 Billion Defence Joint Venture With Spain’s EM&E
Abu Dhabi-based EDGE Group has signed a significant agreement with Spain’s EM&E…
Jordan’s Entrepreneurship Fund Activates $50M Second Phase With Initial World Bank Tranche
The World Bank has disbursed $5.13 million for the second phase of…
Presight-Shorooq AI Fund Deploys First Capital in Five US and Emirati Startups
The Presight-Shorooq Fund I, a $100 million global AI innovation fund, has…
Jada Fund Of Funds Taps India’s Stride Ventures For A USD 200M Private Credit Push
In a significant move to deepen the Kingdom's private capital markets, Jada…
Saudi IPO Pipeline Heats Up With Four Major Companies Preparing Listings
Despite a quiet start to the year for public listings, the Saudi…
IFZA Acquires IF HUB To Expand Its Integrated Business Ecosystem
Dubai-based Free Zone ecosystem IFZA has announced the strategic acquisition of IF…
Egypt’s Beltone Holding Expands Into Private Equity to Support Startups From Seed to IPO
Beltone Holding, a prominent Egypt-based financial services firm, has announced the launch…
Emirates Driving Company Acquires Majority Stake in AI Firm Performise Labs
Emirates Driving Company, a publicly listed entity on the Abu Dhabi Securities…
Riyadh Valley Company Launches University Venture Fund With SparkLabs
Riyadh Valley Company, the investment arm of King Saud University, has announced…
Saudi Arabia Recalibrates Vision 2030 To Prioritize Tech-Led Growth
Saudi Arabia is strategically adjusting its landmark Vision 2030 framework, initiating a…
Qatar Investment Authority Partners With Franklin Templeton to Launch $200M Equity Fund
The Qatar Investment Authority (QIA) has announced a significant partnership with US-based…
Ominvest Divests Majority Stake in Jabreen Ventures in RO 134 Million Deal
Oman International Development and Investment Company SAOG (Ominvest), a leading investment firm…
Saudi PIF-Backed Scopely Acquires Turkish Game Developer Loom Games in Billion-Dollar Deal
In a landmark move for the global gaming industry, Scopely, a company…
Saudi’s PIF Reduces US Stock Portfolio to $12.9 Billion in Strategic Rebalancing
The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, has significantly…
Egypt Secures $135 Million To Bolster Its Venture Capital Ecosystem
Egypt's startup ecosystem is set to receive a significant capital injection of…
Saudi Public Investment Fund Transfers $3 Billion Take-Two Stake to Savvy Games Group
Saudi Arabia’s Public Investment Fund (PIF) has transferred its significant stake in…
Egypt’s Dawar Acquires Stake In BekyaPay To Digitize The Recycling Value Chain
Cairo-based circular economy platform Dawar by Environ Adapt has acquired a strategic…
Saudi Arabia Debuts $26.6M Namaa Fund To Advance Environmental Initiatives
Saudi Arabia has launched the Namaa Endowment Fund, a significant initiative designed…
Mubadala Faces $700 Million Lawsuit From Getir Founders Over Restructuring Deal
Abu Dhabi’s sovereign wealth fund, Mubadala Investment Company, is facing a significant…
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…
Kuwait’s Baims Acquires MedMasters to Enter Iraq’s EdTech Market
Kuwaiti educational technology group Baims has announced its acquisition of MedMasters, an…
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…
Savvy Games Group in Advanced Talks for $6 Billion Moonton Acquisition
Savvy Games Group, the gaming and esports company backed by Saudi Arabia's…
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…
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,…
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…
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…
Egypts Mubasher Capital Seeks to Launch Nations First Silver Investment Fund
Egyptian asset management firm Mubasher Capital is preparing to launch the country's…
Mubadala Capital Leads $6.2 Billion Acquisition Of Clear Channel Outdoor
Abu Dhabi’s Mubadala Capital, in partnership with US private equity firm TWG…
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…
Egypt’s Engazaat Unveils $100 Million Climate Infrastructure Investment Plan
Egyptian asset manager engazaat has announced plans to invest over $100 million…
PIF Unveils $19 Billion in Opportunities to Supercharge Private Sector Growth
Saudi Arabia's Public Investment Fund (PIF) has announced a landmark initiative to…
Mubadala Sells Getir’s Delivery Business to Uber
Uber has announced its agreement to acquire the delivery division of Turkish…
Saudi Arabia’s New $100M VC Fund Targets Defence Tech Localisation
A new $100 million venture capital fund, Masna Ventures Fund I, has…
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…
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…
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…
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,…
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…
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,…
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…
QDB And Ooredoo Evolve Joint Incubator Into New Investment Platform
Qatar Development Bank (QDB) and Ooredoo have signed a Memorandum of Understanding…
stc Wins $800 Million Bid to Build Syria’s Silklink Digital Infrastructure
Saudi Telecom Company (stc) has officially been awarded a landmark contract valued…
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…
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…
Egypts CIB To Invest USD 300M In New Standalone Digital Bank
Egypt’s Commercial International Bank (CIB) is advancing its digital transformation strategy with…
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…
Islamic Development Bank Launches Concessional Fund to Support Least Developed Member Countries
In a significant move to accelerate sustainable development, the Islamic Development Bank…