International
TMT
MENA Digest: Egyptian startup OneOrder, Saudi SaaS firm Merit lead funding
Dealmaking in the Middle East and North Africa region during the week was propelled by high-value, growth-stage fundraises by tech-led ......
TMT
Microsoft's UAE deal could transfer key US chips and AI technology abroad
Microsoft President Brad Smith said the tech company's high profile deal with the United Arab Emirates-backed AI firm G42 could ......
Consumer
Esas Private Equity acquires Turkish cosmetics brand with co-investors
Esas Private Equity, the PE arm of Turkey’s largest family-owned investment firm Esas Holding, has acquired a leading Turkish cosmetics ......
Finance
First Abu Dhabi Bank in advanced talks to buy Turkish lender for $8 bn
First Abu Dhabi Bank (FAB) is in advanced talks to acquire Turkish conglomerate Koc Group's 61.2% stake in Istanbul-based lender ......
Finance
Gulf VC Nuwa Capital explores growth-stage investment opportunities
Gulf-focused venture capital firm Nuwa Capital, which is currently deploying from its early-stage $100-million maiden fund, is now exploring growth-stage ......
Infrastructure
PAG raises $550 mn for Asia renewable energy fund from Mubadala, other investors
Asia-Pacific investment firm PAG said on Monday it had raised $550 million for its first renewable energy fund, which focuses ......
Finance
Singapore VC firm Golden Gate Ventures rolls out $100-mn MENA fund
Golden Gate Ventures, a Singapore-based early-stage venture capital firm that manages assets worth $250 million across three continents, has launched ......
TMT
MENA Digest: WheeKeep, Airwater, Lune raise funding; Beco Capital gets an exit
Funding activity in the Middle East and North Africa region during the week was led by a slew of UAE ......
People
Prosus, parent Naspers appoint Fabricio Bloisi as new CEO
Dutch technology investor Prosus and its South African parent group Naspers on Friday named Fabricio Bloisi as the new chief executive, replacing ......
Infrastructure
AFC's maiden climate resilient fund for Africa taps offshore LP for $750 mn vehicle
AFC Capital Partners, the asset management unit of Africa Finance Corporation (AFC), is set to hit the halfway mark for ......