#Venture Capital

Qatar investment authority launches $1bn VC fund image courtesy- Qatar news agency

Qatar Investment Authority’s new $1bn VC fund to boost startup ecosystem

The fund aims to close the current funding gap that exists for local and regional entrepreneurs

TECOM Group’s in5 startups post 25% funding growth in 2023

Funding for startups at TECOM Group’s in5 surges by 25% in 2023

in5 has incubated about 900 startups since its inception, and its tech-focused vertical is currently home to 270 active startups

Saudi Arabia leads MENA venture capital market

Saudi Arabia secures $1.4bn in 2023, leads MENA VC fundraising

The kingdom’s venture capital market was boosted by the government’s focus on innovation, a dedicated unicorn project, and investments from sovereign funds

DIEZ unveils Dhs500m venture fund to finance tech startups

DIEZ launches Dhs500m venture fund to finance tech startups

The fund will play a pivotal role in supporting startups, starting from the pre-seed stage, and extending to the Series B investment stage

UAE, Saudi Arabia lead MENA VC fundraising

UAE, Saudi Arabia lead MENA VC fundraising, says MAGNiTT

The fundraising in Q3 2033 contributed to $1.4bn raised through 286 transactions in the first nine months of the year

Standard Chartered

Standard Chartered, DIFC Innovation Hub partner to empower UAE women entrepreneurs

The Women in Tech accelerator programme offers entrepreneurs a platform to unleash their potential, overcome barriers and accelerate their business ventures

Vivium Holding

Vivium Holding, MEVP partner to fuel tech startup growth

The partnership comes as MEVP launches its fourth flagship MENA VC fund with a target size of $150m

startup show comes to UAE

The Falcons: Startup funding show comes to the UAE

The show brings the pressure, the suspense and the glory of raising capital to TV screens in the UAE in a10-episode season

Middle East venture capital market

The Middle East’s booming venture capital market

The drive for economic diversification and state-backed initiatives together with financial support for startups is fuelling Middle East’s venture capital industry

ADQ, IHC to create MENA's largest independent investment manager

ADQ, IHC to create MENA’s largest independent investment manager

The new investment manager aims to launch a series of multi-asset class funds to invest in private equity, venture capital, credit and public equities

Aramco’s venture capital arm expands investment fund to $500m

Aramco’s venture capital arm expands investment fund to $500m

Aramco has allocated $300m in additional funds to Wa’ed Ventures

Aramco's venture arm invests $14m in Japanese drone tech firm

Aramco’s venture capital arm invests $14m in Japanese drone tech firm

Terra Drone is the first Asian startup to raise funding from Wa’ed Ventures


Flat6Labs to debut at Gitex Global, present 24 startups under seed programme

The company will also host its Demo Day, where startups that are part of Cohort 3 of Flat6Labs Ignite will have the opportunity to present and pitch to regional venture capitalists

UAE’s Chimera Capital announces second close of VC fund at $10bn

The fund will target businesses with a focus on fintech, AI, life sciences, consumer internet and B2B sectors

Family offices raise bets on startups in $418bn market

Family offices made up 4.2 per cent of the roughly 23,000 venture capital deals worldwide this year through August 31

How private equity is well poised to leverage opportunities

As an asset class, private equity continues to perform robustly, with venture capital seeing a standout year on the back of enthusiasm for technology and healthcare

Faris Mesmar Co-founder and managing partner, hatch & boost

The SME Story: Faris Mesmar, co-founder and managing partner of hatch & boost

Hatch & Boost is an Abu Dhabi-based venture builder dedicated to hatching startup ideas and boosting them into scalable ventures in the Middle East

Saudi Telecom’s CEO quits after two years

A search for a successor is underway

DIFC set to grow its fintech base with new ‘Innovation Hub’

Startups benefit from access to industry experts, mentors and partner organisations

Abu Dhabi’s Mubadala to invest $2bn in partnership with Silver Lake

Abu Dhabi’s sovereign investor to acquire minority stake in the US-based venture capital firm

Saudi Aramco appoints new CEO for $500m investment arm

Mahdi Aladel, who formerly led the state energy producer’s base oils and lubricants division, will take over

Prince Khaled’s KBW Ventures invests in ethical pet food brand

KBW Ventures joins funding round for US-based Bond Pet Foods