Funding

Aliph Capital in talks to acquire $250m

Aliph Capital, a GCC-focused private equity fund manager that recently raised $125 million from Abu Dhabi…

EMPG raises $200m funding, eyeing IPO listing

UAE-based EMPG, which owns dubizzle and Bayut, has raised a $200 million in a round…

Classera closes $40m Series A round led by Sanabil

US-based and Mena-focused edtech Classera, has raised $40 million in a Series A round, led…

STC grants additional $300m to VC firm STV

Saudi Telecom Company (STC) announced on Wednesday that, in addition to an initial $500 million…

UAE-Fintech Lune secures $850k eyeing MENA expansion

Helal Tariq Lootah, an entrepreneur from the UAE, and Alexandre Soued co-founded Lune, a data…

Aramco sets $1.5 bn sustainability fund

According to a statement released on Wednesday, Saudi Aramco has established a $1.5 billion Sustainability…

Investcorp and Fung Capital allocate $500m fund to invest in China’s SMEs

A $500 million fund will be established by the private investment company Fung Capital in…

Safanad and Global School Management plan $200m investment in MENA education sector

Global School Management, an international education platform, and Safanad, a global principal-led investment house, announced…

Blockchain.com in talks for funding after evaluation drop from $14 bn in early 2022

According to those with knowledge of the situation, Blockchain.com, which has been hurt by the…

ADGM-based Aliph Capital receives $125m investment from ADQ

The Abu Dhabi-based holding company ADQ has invested $125 million in Aliph Capital, a private…