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Cross-border payments firm SaturnX raises USD 3 mn
The new funding will support expansion plans
Fed stays the course on its wait-and-see approach amid rising economic uncertainty
The Fed now expects weaker economic growth and higher unemployment
UAE posts second-fastest growth in m’naires globally in 2024
The UAE added 13k m’naires in 2024, up 5.8% y-o-y
Family offices shift focus to private credit
Nearly one-third of family offices plan to boost their private credit allocations this year
Markets rebound, but oil jitters and war risks keep nerves taut
The MSCI Emerging Markets Index rose 1% while US and European equities pared back losses
Binghatti enters asset management space, eyes USD 1 bn in investments
The company’s real estate strategy will focus on acquiring and selling off-plan residential properties
MENA equities dive on war fears
Egypt bore the brunt of the sell-off
PE and VC activity in MENA took a hit last year, but momentum looks strong for 2025 -Pitchbook
Total private market fundraising fell last year to USD 13.4 bn across 56 funds
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