VC
Zain Group announces the creation of Zain Ventures
Zain Group announces the creation of Zain Ventures and the closing of investments and signing a Memorandum of Understanding (MoU) with both Pipe and Swvl to support their growth across Zain’s regional...
Dubai Chamber for Digital Economy set to host Expand Summit
Dubai Chamber for Digital Economy, one of the three chambers under the newly formed Dubai Chambers umbrella, will be hosting Expand Summit, the first-of-its-kind summit in the region in January 2022 t...
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.
Algebra Ventures $90 million new fund targets Egyptian startups
Egypt’s leading VC firm, Algebra Ventures launched its $90 million second fund, dedicated to investing in startups with a focus on Egypt with an allocation for the MEA region. The company expects its ...
Propeller’s new fund to invest in early-stage startups
Propeller, a Jordan-based early-stage VC, announces the first close of Propeller Ventures II fund that will invest in pre-seed and seed-stage startups in the country and other MENA countries. The fund...
500 Startups to host Investor Day
Silicon-Valley based VC firm, 500 Startups, today announced that it is gearing up to host Investor Day, which marks the culmination of 500 Startups MENA Dojo Series A ‘growth acceleration’...
MEVP Capital is Granted an Asset Management License by the DFSA
MEVP Capital, a member of the Middle East Venture Partners (MEVP) Group, announced that it has received its Category 3C license from the Dubai Financial Services Authority (DFSA) to operate as a DFSA ...
Dubai’s The Luxury Closet Receives $2.2 Million in VC Funding
Dubai’s The Luxury Closet, an online platform buys and sells pre-owned luxury goods on consignment, has secured $2.2 million of its Series A round that it will use to scale its operations significantl...