Egypt Thndr expands into the UAE Market after ADGM approval Egypt-based fintech Thndr has expanded its services to the UAE after acquiring a Category 3A license with retail endorsement from the... News • 28 May, 2024 Thndr ADGM
Saudi Arabia Kingdom Holding participates in Musk’s xAI $6 billion Series B round Saudi Arabia’s Kingdom Holding, owned by Saudi billionaire Prince Alwaleed bin Talal, has taken part in the $6 billion Series B... News • 28 May, 2024 Kingdom Holding xAI Elon Musk
U.A.E GrubTech raises $15 million Series B led by Jahez UAE-based foodtech startup GrubTech has raised $15 million as part of its Series B round and extension of Series A, led by Jahez and... News • 28 May, 2024 GrubTech Jahez
Saudi Arabia TVM Capital Healthcare launches $250 million Saudi-focused Afiyah Fund UAE-based healthcare private equity firm “TVM Capital Healthcare” has closed a $250 million Afiyah Fund LP, led by JADA,... News • 28 May, 2024 TVM Capital Healthcare Afiyah Fund Healthcare
Jordan Numa partners with Mamun to give freelancers access to finance Oman-based fintech Mamun has partnered with Jordanian fintech “Numa" with the aim of providing freelancers and creators... News • 27 May, 2024 NUMA Mamun
U.A.E Holo raises new funding round, eyeing KSA expansion UAE-based proptech Holo has raised an undisclosed pre-Series A funding round, led by DFDF and Oryx Fund, along with Aditum Investment... News • 27 May, 2024 Holo Proptech
Saudi Arabia Goldman Sachs sets up MENA regional headquarters in Riyadh Saudi Ministry of Investment has granted US investment bank Goldman Sachs a license to set up its regional headquarters in Riyadh. The... News • 24 May, 2024 Goldman Sachs
Regional Shorooq Partners launches second private credit fund with initial close of $100 million UAE-based alternative investment manager Shorooq Partners has announced the first close of its $100 million second private credit fund,... News • 24 May, 2024 Shorooq Partners IMM Investment Global
Saudi Arabia BIM Ventures, SBI Holdings to launch $100 million fund to back Saudi startups Saudi Arabia-based VC studio BIM Ventures has partnered with Japan’s SBI Holdings to launch a $100 million joint investment... News • 24 May, 2024 BIM Ventures MISA SBI Holdings
U.A.E UAE's Huspy obtains fresh investment to develop a SuperApp UAE-based proptech Huspy has raised a fresh investment round led by Balderton Capital, with further participation from existing investor... News • 23 May, 2024 huspy Proptech
Egypt Egypt’s e-finance acquires minority stakes in Al Ahly Momken, EasyCash Egypt-based fintech e-finance for Digital and Financial Investments (e-finance) has acquired a 25% stake in Al Ahly Momken and a 13%... News • 23 May, 2024 e-Finance Al Ahly Momken EasyCash
Egypt OneOrder raises $16 million Series A to propel GCC expansion plans Egypt-based logistics startup OneOrder has raised $16 million in a Series A round in a mix of equity and debt, led by Delivery Hero... News • 23 May, 2024 OneOrder Delivery Hero Ventures
Egypt Birdnest secures pre-Series A round for 20% stake Egypt-based proptech Birdnest has closed an undisclosed pre-Series A funding round for a 20% stake in the company, led by notable... News • 23 May, 2024 Birdnest Beltone Venture Capital Proptech
Jordan Jordan’s liwwa secures $5 million loan from DFC Jordan-based fintech liwwa has secured a $5 million loan from the United States International Development Finance Corporation... News • 21 May, 2024 liwwa DFC
Egypt Egypt's EFG Hermes acquires minority stake in Danish fintech Kenzi Wealth Egypt’s investment bank, EFG Hermes, a subsidiary of EFG Holding, has acquired a minority stake in the Danish digital wealth... News • 21 May, 2024 Kenzi Wealth EFG Hermes
U.A.E Plain Tiger secures investment from AngelSpark UAE-based B2B marketplace Plain Tiger has raised an investment from UAE’s VC firm AngelSpark for an undisclosed amount. Founded... News • 20 May, 2024 Plain Tiger AngelSpark
