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UAE’s 2PointZero takes over local fintech player Maseera Holding
The Abu Dhabi-based investment platform plans to inject some USD 1 bn into Maseera
Sokhna Industrial Zone to welcome new factories with USD 3 mn in investments
PLUS- Fawry acquired a majority stake in local hospital and medical institutions manager Code Zone
What went down during the VC Summit
Flat6Labs set to reach the first close of its USD 85 mn Africa Seed Fund by June
Local fintech player Khazna raises USD 16 mn in latest round
The company will use the fresh funds to continue its growth journey
Fintech CEO breaks Silicon Valley’s silence on AI in the workforce
Swedish BNPL Klarna reduced its workforce from 5k workers to 4k workers, thanks to task automation
India’s IPO market expected to raise USD 23 bn this year
Telecommunications firm Reliance Jio could potentially lead the largest IPO in Indian markets in 2025
EFG Hermes retains top spot in brokerage rankings in January
This marks the fifth consecutive month EFG has been in the top spot
Simplex plans KSA expansion with Riyadh CNC factory. PLUS: Madinet Masr, Taqa Arabia, Money Fellows, Al Amal Auto
The planned factory will be funded by its Saudi partner
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