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MENA Digest: Egyptian startups lead funding activity

Finance

10 May, 2024

MENA Digest: Egyptian startups lead funding activity

Egyptian fintech startups Swypex and MNZL led funding activities in the Middle East and North Africa region,, even as ......

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Healthcare

09 May, 2024

Kelix Bio to acquire five UAE-based pharma entities post Mubadala deal

Kelix Bio, an emerging markets-focused specialty generic biopharmaceutical company is looking to acquire five UAE-based ......

Finance

06 May, 2024

Abu Dhabi's IHC to hold buyback of up to $1.36 bn

International Holding Company (IHC), Abu Dhabi's largest listed company, said on Monday it would buy back up to 5 ......

Infrastructure

06 May, 2024

Proptech Square Yards tops $100-mn annual revenue mark

Delhi-based proptech startup Square Yards, which is expected to file its listing documents with capital markets ......

TMT

02 May, 2024

Abu Dhabi AI company Presight takes majority stake in tech venture AIQ

Artificial intelligence company Presight AI Holding has acquired a majority stake in AIQ, a technology joint venture ......

TMT

01 May, 2024

UAE's e& seeks to buy $8.6 bn European carrier United Group

Abu Dhabi-based Emirates Telecommunications is considering an acquisition of European cable and pay-TV operator United ......

TMT

30 April, 2024

Abu Dhabi-backed RedBird IMI scraps Telegraph deal, to sell UK newspaper

Abu Dhabi-backed RedBird IMI on Tuesday said it would sell the Telegraph after it scrapped its acquisition of the right-......

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General

30 April, 2024

Global asset manager Barings opens office in Dubai

Barings, a global investment management firm that manages assets worth $406 billion, opened an office in Dubai to help ......

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Finance

15 April, 2024

In Charts: How Dubai Future District Fund deployed corpus across startups, VC funds

The Dubai Future District Fund (DFDF), the region’s first evergreen venture capital fund-of-funds, has committed about......

Manufacturing

12 April, 2024

UAE's ADNOC recently eyed BP as takeover target

The United Arab Emirates' state-owned oil company recently considered buying Britain's BP but the deliberations ......

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