Mahmoud Adi

Presight and Shorooq launches $100M global fund for AI

Presight and Shorooq today announced the launch of a global AI innovation fund (Presight–Shorooq Fund I) that aims to invest $100 million in the next generation of AI breakthroughs.

Qlub secures $30 million funding

Qlub, the ultra-fast payment system revolutionizing restaurant transactions, has become a fixture in Dubai’s dynamic dining landscape. After rapid success in the UAE, the company has secured $30 milli...

Shorooq and Hanwha Life to expand alternative investments

Shorooq announced a partnership with South Korea’s Hanwha Life, a leading Korean life insurance company, to bridge the investment corridors between Asia and the Middle East, fueled by support from pre...

Shorooq Partners leads $5mln investment in Roamless

Shorooq Partners, a leading investment firm in the Middle East and North Africa, led the $5 million Seed round for Roamless, which also saw participation from Revo Capital, Paribu Ventures, Finberg, a...

SVC invests $30 million in Bedaya Fund II to back early-stage startups

As reported by SPA, Saudi Venture Capital (SVC) announced its investment of $30 million in Bedaya Fund II, which is managed by Shorooq Partners. The fund will mainly back early-stage startups with a f...

33 gaming startups take center stage at SHFT Build Gametech Demo Day

SHFT Build Gametech Program hosted its inaugural virtual Demo Day on Tuesday July 19th 2022, highlighting a select cohort of 6 startups from across the world that are working in gaming, esports, devel...

Shams joins hands with Shorooq Partners for the SHFT BUILD Gametech

As part of its strategic vision to support the e-gaming industry, Sharjah Media City (Shams) has partnered with the region’s leading venture capital firm Shorooq Partners to empower their first Gamete...

Shorooq partners launches first gametech program in the Middle East

Shorooq Partners, a leading early-stage venture capital firm investing in innovative startups in the MENAP region, has officially launched SHFT Build, a program focused on supporting the sectors that ...

Abu Dhabi-based VC firm Shorooq Partners acquires Autarky Capaital

Abu Dhabi-based venture capital firm Shorooq Partners has acquired Bahrain headquartered Autarky Advisors’ finance arm Autarky Capital for an undisclosed sum.