Funding
Gulf Capital Receives “Firm of the Year” Award for Best Private Equity Company in MENA
Gulf Capital, one of the largest and most active alternative investment firms in the Middle East based in Abu Dhabi, was voted the “Firm of the Year” at the Private Equity International annual global ...
Technology Venture Capital Firms Gear Up to Create and Exit Regional Unicorns
BECO Capital, a venture capital firm focused on technology investments in the MENA region and the GCC in particular, said today that over 10 local technology start-ups are expected to exit in the next...
Bahrain to Host Second MENA Angel Investor Summit
Tenmou, Bahrain’s first ‘Business Angels’ organisation is gearing up to host MENA Angel Investors Summit 2015 in May 2015. The event will be held in strategic partnership with the Economic Development...
Bitcoin Users To Approach 5 Million by 2019: Juniper Research
A new report from Juniper Research has found that the number of active Bitcoin users worldwide will reach 4.7 million by the end of 2019, up from just over 1.3 million last year. However, the report, ...
The Abraaj Group Invests in Turkish e-Commerce Business Hepsiburada
The Abraaj Group, a leading investor operating in global growth markets, today announced the acquisition, through one of its Funds, of a minority stake in Hepsiburada.com, a Turkish online retailer. T...
Carmudi Raises $25 Million in Funding
Carmudi, a car classifieds site backed by Rocket Internet with particular focus on emerging markets,
Bitcoin Tumbles Below the $200-Level as Sell-Off Intensifies
Bitcoin prices plunged below the $200-level on Wednesday to hit the lowest level in more than a year as investors exited the market amid bearish chart signals.
Venture Catalyst Grants Security Startups Crime-Fighting Funds
Two startups that help protect the public have won funding from a venture program to take their ideas to market.
Amanat’s AED 1.375 Billion IPO 10 Times Oversubscribed
Amanat Holdings (“Amanat”), a public joint stock company under formation, announced today that its AED 1.375 billion Initial Public Offering (IPO) was nearly 10 times oversubscribed,