Dubai Cultiv8 Invests in New York-based Wahed in a Multi-Million Dollar Deal
Dubai Cultiv8, a subsidiary of the Mohammed Bin Rashid Fund for SME on Wednesday announced a multi-million dollar investment in Wahed Invest.
Investment
Dubai’s Falcon Network Inaugurates with Investments in 6 Startups
Falcon Network, a group of emerging markets-based angel investors concluded their inaugural round with the completion of six investments.
Saudi’s Online Grocery Store Nana Direct raises $6.6Mn
Saudi-based Nana Direct, an online grocery platform has raised fresh funds from Middle East Venture Partners and Impact46.
Chinese Ride-Hailing Giant Didi to Create Joint Venture with Alabbar
The Chinese ride-hailing behemoth Didi Chuxing partners with Mohamed Alabbar's Symphony Investments to unlock opportunities in MENA.
Bahrain-based Investcorp Raises $142 Mn for its First Private Equity Fund
The partners of the PE fund include Indian banks, insurance companies, family offices and international fund of funds, it noted.
Abu Dhabi Capital Group Invests $9.99 Mn in Delhi-NCR-based Grofers
Big news for the Indian startup ecosystem - Delhi-NCR-based Grofers raised $9.99 million from Abu Dhabi Capital Group (ADCG)...
Bollywood’s Khiladi Akshay Kumar Invests in GOQii and Joins the Board
Bollywood superstar Akshay Kumar has invested an undisclosed amount in GOQii and joined the board of advisors...
Funding Agreement to be signed between Egypt Govt and World Bank
The objective of the agreement between Egypt and the World Bank is to promote startup culture and job creation for women and the youth...