Bahraini bank Al Salam has teamed up with China’s MSA capital to launch a new venture capital fund centered on China’s technology market.
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Bahraini bank Al Salam has teamed up with China’s MSA capital to launch a new venture capital fund centered on China’s technology market.
New York-based venture capital firm Modus Capital has unveiled a $75 million venture fund dedicated to startups in the Mena region.
Bahrain-based alternative investment firm Investcorp has teamed up with Hong Kong fund manager China Everbright to jointly manage a new fund focused on China’s technology sector.
UAE-based investment company Mubadala has struck a deal to invest $500 million in Cologix, the US data centre.
Jibrel, a Swiss fintech operating in the Abu Dhabi General Market (ADGM), is set to launch what it claims is the first globally regulated, blockchain-powered platform for private funding in the UAE.
Blockchain firm R3 has partnered with Wethaq, a Dubai-based startup, in an initiative designed to bring blockchain technology to the Islamic finance market.
Swiss fintech Numbrs, which is backed by the Investment Corporation of Dubai (ICD), has been valued at $1 billion, making it the latest unicorn in the global fintech world.
Bahrain-based energy investment firm Lamar Holding has invested $1 million in Nigerian fintech TechAdvance.
Abu Dhabi-based sovereign wealth fund Mubadala Investments has reportedly invested more than $1 million in a cryptocurrency exchange.
Saudi Arabia’s securities regulator, the Saudi Capital Markets Authority (SMCA) has given the green light for two local firms, Wahed Capital and Haseed Investing Company, to test their robo-advisor services.
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