Tuesday 26 September 2017
 
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Venture Capital

Mena PE transactions hit record 244 in 2016

The number of disclosed private equity transactions in the Mena region reached 244 in 2016, recording the highest since 2008, said a new report from the Mena Private Equity Association, a non-profit organisation. However, the valu

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Alabbar buys key stake in top venture capital firm

Mohamed Alabbar, founder and chairman of Dubai-based Emaar Properties, has acquired a non-controlling stake in Middle East Venture Partners (MEVP), a leading venture capital firm in the region. The move is aimed at creating one of

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Alabbar buys key stake in top venture capital firm

Mohamed Alabbar, founder and chairman of Dubai-based Emaar Properties, has acquired a non-controlling stake in Middle East Venture Partners (MEVP), a leading venture capital firm in the region. The move is aimed at creating one of

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Report highlights role of venture capital

New crowd-funding regulations and expanding existing bankruptcy laws are key steps that Bahrain needs to take for enabling venture capital-led economic development, said the Gulf Daily News, our sister publication, citing a new report.

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MEVP invests in online cleaning services marketplace Matic

Venture capital firm Middle East Venture Partners (MEVP) has announced a strategic investment in Dubai-based Matic (maticservices.com), a leading online marketplace for cleaning services in the GCC.   Matic offers consumers c

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MEVP invests in online cleaning services marketplace Matic

Venture capital firm Middle East Venture Partners (MEVP) has announced a strategic investment in Dubai-based Matic (maticservices.com), a leading online marketplace for cleaning services in the GCC.   Matic offers consumers c

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Dubai’s Turn8 launches new venture capital fund

Dubai-based Turn8 has launched a $60 million venture capital fund for technology innovation. Turn8 Innovation Fund I L.P. makes Turn8 one of the largest providers of seed capital in the region catering to the global start-up eco system.

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Saudi Arabia plans $1.1bn fund for SME sector

Saudi Arabia will establish a $1.1 billion fund to develop its venture capital industry and support the creation of small and medium-sized companies, the cabinet said on Monday, as the kingdom tries to strengthen its economy in an era of cheap o

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Saudi Arabia plans $1.1bn fund for SME sector

Saudi Arabia will establish a $1.1 billion fund to develop its venture capital industry and support the creation of small and medium-sized companies, the cabinet said on Monday, as the kingdom tries to strengthen its economy in an era of cheap o

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Venture capital deals fall fourth quarter in a row

A total $27.4 billion invested across 1,886 venture capital deals globally during the second quarter (Q2) of 2016, representing a fourth-straight quarter of investor pull-back in activity, a report said. The total number of deals

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