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Sovereign backstops become the price of admission for Gulf project finance
Four deals that reached financial close in the Gulf this year reveal a three-part checklist bankers are now applying to…
Arada signs USD 7 bn Damascus development, and a Spanish marble firm eyes Homs
PLUS: Adnoc fully resumes production at Ruwais
About 88% of MENA VC capital raised since 2024 is still on the sidelines
Saudi is drawing the lion’s share of what has gone out
Egypt and Germany showed up at the Damascus fair. Saudi signed actual deals.
The 63rd Damascus International Fair is a snapshot of who’s still in the courting phase and who’s already contracting there
Syria’s first superapps bet on the country’s recovery as payment infrastructure lags behind
My Syria and Labby, billed as Syria’s first superapps, each announced funding rounds days apart
Libya needs USD 40 bn in investments to revive its oil sector
PLUS: Saudi Gold Refinery eyes securing gold exploration concession in Egypt with pledges of accelerated development
Kuwait’s Project Peregrine tests whether asset recycling can revive a decade of stalled reform
The structure delivers off-budget capex and a proof point that global infrastructure investors will underwrite Kuwaiti risk — two things…
Local money kept MENA venture funding steady in 1H as dealmaking hit a multi-year low
Two mega rounds also helped, accounting for 36% of the raised capital
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