Funding

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…

KarmSolar secures $2.4m funded by QNB ALAHLI

The first financed solar Power Purchase Agreement (PPA) battery storage system in Egypt has received…

Saudi-based Tachyon raises $1.6m in pre-seed round

Tachyon, a cloud-based logistics platform that gives users the ability to manage their transport and…

Mubadala and KKR team up to invest in private credit across Asia Pacific region

A strategic agreement has been established between international investment firm KKR and Mubadala Investment Company…

Aramco launches Taleed program to accelerate SME growth in Saudi Arabia

Aramco announced the launch of a new program, “Taleed”, which aims to accelerate the growth…