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Saudi multi-asset investor Artal Capital hits first close of PE fund

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Artal Capital, a Riyadh-based multi-asset investment firm, has marked the first close of its mid-market-focused private equity fund to back high-growth, technology-enabled startups in...

DFDF to tread cautiously as VC in 2024 but bullish on...

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Dubai Future District Fund (DFDF), a backer of 24 startups and venture capital funds, outlined its “cautious venture capital approach” for 2024 in its...

Saudi Venture Capital appoints Nora Alsarhan as deputy CEO

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Riyadh’s state-owned Saudi Venture Capital (SVC), which manages assets worth $2.2 billion, has appointed Nora M Alsarhan, its chief investment officer, as deputy CEO.  Alsarhan...

Kema, Logidoo raise early-stage capital, Sowt buys Rising Giants Network

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Startup dealmaking in the Middle East and North Africa region this week was led by a couple of early-stage funding deals and an acquisition....

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