Money
US-based VC fund P1 Ventures completes first $25m close of its second fund
P1 Ventures, the Pan-African Seed VC fund announced it completed the first 25 million USD close of its second fund, according to a company statement....
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Money
ClearPier acquires UAE’s MQuest to strengthen its presence in GCC, Europe
ClearPier, a performance advertising technology company, announced its acquisition of UAE-based Media Quest Group (MQuest) for 35 million USD, a deal that help strengthen its...
Energy
Egypt launches international bidding for oil exploration
Egypt announced it opened an international bidding round for exploration in 23 open blocks, the Ministry of Petroleum announced. The deadline is set for February 25. The...
Money
Palms Sports agrees to US$110m security contract with UAE-based company
Securiguard Middle East, a subsidiary of the Abu Dhabi-listed Palms Sports, announced it entered a 109.7 million USD services contract with a UAE-based energy...
Money
Saudi ADES Holding sets top-end price for its IPO
The Saudi oil and gas driller ADES Holding announced it has set the final price for its initial public offering...
Environment
UAE-based Zero Carbon Ventures raises $5m seed investment
The UAE-based Zero Carbon Ventures announced it raised $5 million in seed funding from Emirati businessman and Dubai ruling family member Sheikh...
Money
Saudi Egyptian Investment increases ownership in e-finance
The Saudi Egyptian Investment Company announced it increased its stake in e-finance for Digital and Financial Investments to 25.01%, according to the Egyptian...
Markets
OPEC Fund supports Egypt’s food security with $10m
The OPEC Fund for International Development announced it provided Egypt with US$10 million under a $200 million syndicated trade finance facility with the...
Uncategorized
Fuze secures $14m seed round led by Further Ventures
The UAE-based digital assets infrastructure provider Fuze announced it secured a $14 million Seed round, led by Abu Dhabi-based Further Ventures, with participation from US-based...
Money
Oman’s OQ Gas Networks decides on offer price range for IPO
Oman’s OQ Gas Networks (OQGN) announced it set the offer price range for its initial public offering (IPO), up to 49 percent of...
