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MENA Digest: SiFi, Elevate raise funds; May VC funding up 5 times from April, down 58% YoY
Saudi Arabia-based fintech startup Simplified Financial Solutions Company (SiFi) led funding activity in the Middle East and North Africa (MENA) ......
Economy
Qatar economy grew 1.2% year on year in Q3 2023
The Gulf state of Qatar's real gross domestic product (GDP) increased 1.2% year on year in the third quarter of ......
People
Ashok Wadhwa to buy QInvest's 26% Ambit stake; Saurabh Mukherjea to quit
Ace dealmaker Ashok Wadhwa, group CEO at Ambit Holdings, will acquire Qatari investment firm QInvest LLC’s 26% stake in the ......
Manufacturing
India defers provisional safeguard duty on unwrought aluminium imports
Under criticism over its protectionist measures for the domestic steel industry, India has deferred the 5% provisional safeguard duty on ......
Manufacturing
Govt initiates safeguard duty investigation on unwrought aluminium imports
The Indian government on Wednesday initiated a safeguard duty investigation into imports of unwrought aluminium into the country.Unwrought aluminium is ......
TMT
Gulf Digest: Hashmove, InvestSky get cheques; two new VC funds take shape
Two UAE-based startups led funding activity in the Middle East in the week gone by even as two new venture ......
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