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BY Venture Partners closes USD 60 mn Fund III to back early-stage AI startups
The Dubai-based VC will write checks of up to USD 1 mn for AI-native startups
Shorooq and Presight take a slice of US robotics startup Maven’s USD 100 mn round
Maven is a Santa Clara-based maker of warehouse robots that came out of stealth this month
Seviora and FAB link up, another Chinese bank expands to DIFC, and AÏZA raises funds for Saudi expansion. Plus: More warehousing capacity at Kezad
FAB will look into distributing Temasek’s asset manager’s strategies to its clients
Mubadala, EBRD back Egypt’s Paymob
The latest round takes Paymob’s total disclosed funding to roughly USD 125.5 mn, by our math
FMSi targets Saudi expansion, Gulf M&A following Shorooq and EGF investment
The UAE fleet-tech firm already works with 25+ Saudi partners and now has fresh capital to deepen that footprint and…
Tabby’s valuation reaches USD 6.5 bn following USD 233 mn funding round
But the fintech is biding its time for an IPO
New private credit fund on the block, solar plant in RAK, fundraise for Synapse, and another law firm lands in Abu Dhabi
Zamanat is targeting a USD 100 mn fund to address the SME financing shortfall
EGA exports its tech, Keep Converting raises USD 2 mn, Hafeet Rail moves closer, IHC boosts UAE space ambitions, Edge + Safran team up again
UAE aluminium tech heads to India Emirates Global Aluminium (EGA) is exporting something far more valuable than aluminum to India:…
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