News
Invest AD launches Invest AD Blackstone Private Debt Fund
Abu Dhabi Investment Company (Invest AD) announced the launch of the Invest AD Blackstone Private Debt Fund, an SCA regulated fund which will offer local feeder access to Blackstone’s U.S. and Europea...
SVC invests $10mln in Ruya Partners private credit fund
Saudi Venture Capital (SVC) announced its investment of $10 million in “Ruya Private Capital I LP,” a private credit fund managed by Ruya Partners. The fund will focus on providing capital solutions i...
Dubai Silicon Oasis awarded Global Free Zone of the Year for SMEs
Dubai Silicon Oasis (DSO), the economic zone for knowledge and innovation and a member of the Dubai Integrated Economic Zones Authority (DIEZ), has received four accolades from Financial Times’ ...
Mastercard partners with SiFi to bolster SMEs in Saudi Arabia
Mastercard has signed an exclusive agreement with Alhulul Almobassatah Financial Company (SiFi) to empower small and medium-sized enterprises (SMEs) in Saudi Arabia with a range of innovative offering...
Wa’ed Ventures funded Democrance expands into Saudi Arabia
Democrance today announced a bold expansion strategy in the Kingdom of Saudi Arabia following the launch of the company’s Riyadh HQ.
Nomad Homes raises $20 million to fuel growth
Nomad Homes today announced that it has closed a $20 million Series A extension round led by Acrew Capital, a multi-stage venture fund based in the Bay Area that has invested in companies such as Chim...
Octave Asset Management enters UAE’s Asset Management market
Octave Asset Management (OAM), a prominent investment advisory firm, has officially established its presence by acquiring a license to operate from the Dubai International Financial Centre (DIFC). Wit...
Dubai based Belong raises $1.5 million pre-Series A round
Belong, the Dubai-born social app has announced a further $1.5 million in funding to improve its offerings and scale up its user base, bringing the total capital raised to $3.5 million. The company wi...
Dubai based startup, Oasis Defender launches AI-driven SaaS solution
Oasis Defender, a UAE-based startup, is advancing multi-cloud security with its AI-driven SaaS solution for cloud network security, designed for unified visualization and configuration across multiple...