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Noon Secures $500M Funding Led by PIF – Gulf E-Com Revolution Starts Now

Noon raises $500M in funding to grow its e-commerce business in the Gulf. Saudi Arabia's Public Investment Fund (PIF) leads this investment round. Founder...

Abu Dhabi Funds Yemen’s $1B Solar and Wind Push

Yemen energy projects gain momentum as Global South Utilities (GSU) commits $1 billion to rebuild the nation's power infrastructure. The Abu Dhabi-based firm targets...

Behind Lunate’s $1 Billion AI Investment: UAE’s Next Big Move

Lunate AI investment is making headlines as Abu Dhabi's Lunate, a leading asset management firm, nears a $1 billion commitment to MGX, a UAE...

Discover Riyad Capital Residential Development Fund’s Latest $453M Housing Vision

Riyad Capital Residential Development Fund has launched a new $453 million residential development fund in partnership with Mountain View KSA. This fund, valued at...

UAE investment fund drives foreign investment growth

The UAE investment fund has been established with an initial capital of AED 36.7 billion (approximately $10 billion) to attract foreign investors and accelerate...

QIA invests in d-Matrix to boost AI inference technology

QIA invests in d-Matrix, a leader in generative AI inference for data centers. The investment was part of a $275 million Series C funding round,...

QIIB $500mn Sukuk Issuance Draws Global Demand

QIIB $500mn sukuk issuance has attracted overwhelming investor interest, underscoring the strong confidence in Qatar’s robust economy and the bank’s sound financial standing. The...

Space42 Lands $5.1 Billion Contract to Fuel UAE Satellite Expansion

Space42 UAE government contract brings a new phase to the country’s satellite communication capabilities. The company signed a $5.1 billion agreement to provide vital...

TECOM Group Shareholders Set to Receive Another AED 400 Million Dividend

In a move that underscores its commitment to rewarding investors, TECOM Group has announced plans to distribute an additional AED 400 million in dividends...

Tabby Secures $200 Million, Becomes Middle East’s First Fintech Unicorn

Middle Eastern buy now, pay later (BNPL) fintech Tabby has secured $200 million in its Series D funding round led by Wellington Management, more...

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