Ex-Google executive raising $1 billion middle east tech fund
STV, a venture capital firm started by ex-Google executive Abdulrahman Tarabzouni, is looking to raise at least $1 billion for…
Hedge Funds & Alternative Investments
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Coders critical for digital transformation in Middle East
If data is the new oil in a knowledge-based economy, then coding is all the people that are working on…
El-Khalil, IMF Executive Director discuss state’s plan for economic recovery
Minister of Finance Youssef El-Khalil received on Wednesday the Executive Director of the International Monetary Fund and the representative of…
UAE-based Fintech Galaxy closes $2m seed round for Open Finance development
The first UAE-based open finance platform, Fintech Galaxy, has successfully raised $2 million in its latest funding round, MAGNiTT reported.…
KFH reports KD 168.1 million net profit for shareholders until end of Q3 ’21, up 66.1%
Chairman of Kuwait Finance House (KFH), Hamad Abdulmohsen Al-Marzouq said that KFH has, by the grace of Allah, reported net…
Clifford Chance advises on historic UAE first bond issue
Leading international law firm Clifford Chance has advised the Federal Government of the UAE, acting through the Ministry of Finance,…
Bahrain's Investcorp exits real estate investment in Germany
Bahrain’s Investcorp, which counts Abu Dhabi sovereign wealth fund Mubadala Development Co. as a major investor, has sold its long…
EDB, ADIO sign MoU to collaborate on boosting FDI and promoting business
Emirates Development Bank and the Abu Dhabi Investment Office [ADIO] have announced the signing of a Memorandum of Understanding (MoU)…
Start-ups at in5 secure investments worth $381mln
in5, an enabling platform for entrepreneurs, recently reached a new milestone as its start-ups crossed the AED1.4 billion investment mark,…
Expert Hub helps connect investors to Africa at GBF
Hundreds of delegates at the sixth Global Business Forum Africa, looking for authentic information about market access, investment opportunities, or…
UAE and Economic Substance; Don’t be tempted to avoid its relevance!
The implementation and management of Economic Substance Legislation (ESR) has been in existence for some time, across much of the…
Abu Dhabi's Mubadala Capital leads Huboo Fulfilment's $82mln funding round
Mubadala Capital, an asset management subsidiary of Abu Dhabi's sovereign investor Mubadala led a Series B funding round in Huboo…