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

Mid-Year 2021 Global Private Capital Industry Data & Analysis

September 16, 2021
GPC 1H 2021 data on fundraising, investment and exit activity across Asia, Latin America, Africa, CEE and the Middle East   Key data takeaways:   All major markets posted year-over-year gains… Read More

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

BECO Capital Leads USD20m Series A for Jordan’s Abwaab

BECO Capital led a USD20m Series A for Jordan-based edtech Abwaab, with participation from 4DX Ventures, GSV Ventures, Watar Partners and others. Read More

Jordan’s Eon Dental Raises USD26m Series B from Arab Palestinian Investment Company, otf Jasoor Ventures, Others

Jordan-based dental technology company Eon Dental raised a USD26m Series B led by a global MedTech fund together with the Arab Palestinian Investment Company, otf Jasoor Ventures, Endeavor Catalyst, Spartech… Read More

BECO Capital, Kenetic, Others Invest USD9.5m Seed Round for Bahrain’s CoinMENA

Bahrain-based crypto exchange CoinMENA raised a USD9.5m seed round from BECO Capital, Kenetic Capital, Arab Bank Switzerland, Bunat Ventures, FTX investment arm Alameda Research and Girnas Capital. Read More

IMM Investment Leads USD64.5m Investment in UAE’s Pure Harvest Farms

IMM Investment led a USD64.5m investment in UAE-based agtech Pure Harvest Smart Farms alongside existing investors. Pure Harvest also entered a joint venture with South Korea’s PlanTFarm, a vertical farming… Read More

CDC Sells Stake in GEMS Africa Back to Company

CDC Group divested its minority stake in GEMS Africa, a subsidiary of Dubai-based GEMS Education focused on the development of educational services across sub-Saharan Africa, via a sale to GEMS… Read More

Levant Exits UAE’s Bayara via Sale to Savola for USD260m

Levant Capital exited UAE-based packaged foods company Bayara Holding via a USD260m sale to Savola Foods. Read More

Sanabil 500 MENA Seed Accelerator Fund Leads Seed Round for Saudi Arabia’s Glance Care

Sanabil 500 MENA Seed Accelerator Fund, an accelerator program launched by Sanabil Investments and 500 Global, led an undisclosed seven-figure seed round for Saudi Arabia-based healthtech Glance Care, with participation… Read More

BY Venture Partners Reaches USD50m Final Close for Fund II

BY Venture Partners reached a USD50m final close for BY Fund II. The vehicle will target early-stage opportunities globally with a thesis to bridge the MENA region with global markets.… Read More

Blackstone to Acquire UAE’s VFS Global from EQT

Blackstone agreed to acquire a majority stake in Switzerland- and UAE-based visa services company VFS Global from EQT Private Equity and Kuoni and Hugentobler Foundation for an undisclosed amount. Read… Read More

Nuwa, Crealize, BY Venture Partners and Alfa Partner Lead USD5m Pre-Series B for UAE’s Seez

Nuwa Capital, Crealize, BY Venture Partners and Alfa Partner Holding invested a USD5m pre-Series B for UAE-based automotive retail startup Seez. Read More

01 Advisors and The Spruce House Partnership Lead USD20m Series A for UAE’s Nomad Homes

01 Advisors and The Spruce House Partnership led a USD20m Series A for UAE-based proptech Nomad Homes, with participation from investors including Goodwater Capital, HighSage Ventures, Abstract Ventures, Partech, Class… Read More

Cloud Klair to Acquire UAE’s Sehteq

US-based cloud computing and SaaS startup Cloud Klair agreed to acquire Sehteq, a UAE-based insurtech backed by 971 Capital, for an undisclosed amount. Read More