Dubai, United Arab Emirates

Private capital in the Middle East is beginning to diversify away from natural resources, with opportunities in fintech, delivery and logistics and entertainment, as well as healthcare, which has attracted nearly USD500m in private capital commitments since 2019. 

An archive of Middle East-focused research reports can be found here.

Members can access GPC Analytics for a ten-year archive of Middle East private capital transactions and data cuts.

Research Team

Sabrina Katz, Manager, Research

Middle East Research

2021 Trends In Global Tech

May 25, 2021
Investments in Africa, Asia, CEE, Latin America and the Middle East EMPEA’s 2021 report on global venture investment traces venture capital (VC) flows across Africa, Asia, CEE, Latin America and… Read More

2021 Data Insights

March 31, 2021
Data Insights The 2021 Data Insights feature data and analysis on private capital activity in China, India, Southeast Asia, Africa and Central & Eastern Europe (CEE) through year-end 2020. This year, members also have access to LAVCA’s… Read More

Middle East News

KAMCO Invest Exits UAE’s Planet Pharmacies via Sale to Gulf Pharmaceuticals Industries

KAMCO Invest sold its 60% stake in UAE-based pharmaceutical distributor Planet Pharmacies to Gulf Pharmaceuticals Industry for an undisclosed amount. Read More

Nuwa Capital and EQ2 Ventures Lead USD1.8m Pre-Series A for Saudi Automotive Parts Platform Speero

Nuwa Capital and EQ2 Ventures led a USD1.8m pre-Series A for Saudi Arabia-based automotive parts platform Speero, with participation from Jameel Investment Management Company, Impact46, Mountain Partners and Access Bridge… Read More

SoftBank Leads USD415m Series C for UAE Cloud Kitchen Kitopi

SoftBank Vision Fund 2 led a USD415m Series C for UAE-based cloud kitchen startup Kitopi, with participation from Chimera, DisruptAD, B. Riley, Dogus Group, Next Play Capital and Nordstar. Read… Read More

Tamer Group Acquires UAE’s E-Commerce Platform Mumzworld

Tamer Group acquired Mumzworld, a UAE-based e-commerce platform for mother, baby and child products, for an undisclosed amount. Read More

Kingsway Capital and Nuwa Capital Lead USD21m Series B for UAE’s Eyewear E-Commerce Platform eyewa

Kingsway Capital and Nuwa Capital led a USD21m Series B for UAE-based eyewear e-commerce platform eyewa, with participation from French Partners, Endeavor Catalyst, Derayah Ventures, Palm Drive and Hardy Capital.… Read More

Partners for Growth Invests USD50m Debt in UAE’s Buy Now Pay Later Platform Tabby

Partners for Growth provided USD50m in debt financing to UAE-based buy now, pay later platform Tabby. Arbor Ventures and Mubadala led a USD23m debt and equity Series A in December… Read More

Maersk Growth and Raed Ventures Lead USD42m Series A for Egyptian Digital Freight Platform Trella

Maersk Growth and Raed Ventures led a USD42m Series A for Trella, an Egypt-based digital freight platform with a presence in Saudi Arabia and Pakistan, with participation from Algebra Ventures,… Read More

Global Founders Capital, Global Ventures, Nuwa Capital and FJ Labs Lead USD3m Seed Round for UAE’s Valeo

Global Founders, Global Ventures, Nuwa Capital and FJ Labs led a USD3m seed round for UAE-based wellbeing startup Valeo. Read More

General Atlantic Leads USD100m Series C for UAE’s Fresha; MEVP Exits

General Atlantic led a USD100m Series C for UAE-founded beauty and wellness software platform Fresha, with follow-on from Partech, Target Global and FJ Labs. Middle East Venture Partners exited through… Read More

PIF Anchors Aberdeen & Investcorp’s ~USD800m Gulf Infrastructure Fund

Saudi Arabia’s PIF has made an anchor investment in Aberdeen Standard Investcorp Infrastructure Partners. The vehicle was set up by Investcorp and Aberdeen Standard Investments and plans to invest in… Read More

Olive Rock Partners and Cerberus Invest in UAE’s UEMedical

Olive Rock Partners and Cerberus Capital Management have made an undisclosed investment in UAE-based healthcare company UEMedical. Read More

Wa’ed, Global Ventures, Others Invest USD10m in Saudi Agtech Red Sea Farms

Wa’ed, Global Ventures, KAUST and Future Investment Initiative Institute have invested USD10m in Saudi Arabia-based agtech Red Sea Farms. Read More