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Synervest Group raises USD 4 mn Series A at USD 60 mn valuation
The funds will support international expansion and licensing efforts
Dubai’s contactless dining startup Qlub secures USD 30 mn for expansion
The funding round was co-led by Shorooq Partners and Cherry Ventures, and saw participation from e& and Mubadala
India’s Shapoorji Pallonji completes first Dubai residential project
Plus: Dar Global awards AED 201.5 mn main works contract for Rak project
UAE, KSA dominate VC funding in the region in 1H 2025
Saudi Arabia ranked second among all EVM geographies, with USD 860 mn raised from 114 investments
Mubadala pours more capital into CityFibre and PCI Pharma Services
Plus: Adia invests AED 17.7 mn in Anthem Biosciences’ IPO
Network International and Magnati clear regulatory hurdle for upcoming merger
The merger is scheduled for completion in 3Q 2025
Mashreq expands footprint to Turkey with new office
Plus: Addleshaw Goddard opens office in ADGM
Abu Dhabi's Octa secures USD 20 mn credit line for Saudi small businesses
The facility will launch in 3Q 2025 for qualified businesses
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