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

Global Founders Capital and MSA Capital Lead USD2.1m Pre-Seed Round for UAE’s ElKaso

Global Founders Capital and MSA Capital led a USD2.1m pre-seed round for UAE-based B2B marketplace ElKaso, with participation from former and current executives of Careem, Delivery Hero, Apple, Faith Capital,… Read More

SoftBank Vision Fund 2 and Sanabil Lead USD125m Series B for Saudi Arabia’s Unifonic

SoftBank Vision Fund 2 and Sanabil Investments led a USD125m Series B for Saudi Arabia-based customer communication platform Unifonic. Read More

SEEDRA Ventures, 500 and Nama Ventures Lead Seed Round for UAE’s Starzly

SEEDRA Ventures, 500 and existing investor Nama Ventures led an undisclosed seed round for UAE-based celebrity content platform Starzly. Read More

Impact46 and Elm Lead USD20m Series B for Saudi Arabia’s Syarah

Impact46 and Elm Company led a USD20m Series B for Saudi Arabia-based auto marketplace Syarah, with participation from Budget, Vision Ventures and Yousef Al-Rasheedi (Haraj).  Read More

Mubadala Sells 50% Stake in UAE’s Al Maryah Island Cooling Scheme for ~USD84.5m

Mubadala Infrastructure Partners sold its 50% stake in Al Wajeez Development Company, the operator of the Al Maryah Island cooling unit in Abu Dhabi, to its joint venture partner the… Read More

China Three Gorges South Asia Acquires Mubadala- and IFC-Backed Alcazar Energy

A consortium of investors led by China Three Gorges South Asia Investment acquired Alcazar Energy, a UAE-based renewable energy developer that operates across the MENA region and is backed by… Read More

Global Founders Capital and STV Lead USD50m Series B for UAE’s Tabby

Global Founders Capital and STV led a USD50m Series B for Tabby, a UAE-based installments payment platform, with participation from Delivery Hero and CCVA, and follow-on from Arbor Ventures, Mubadala,… Read More

Mubadala Leads USD15m Series B for UAE Fintech Sarwa

Mubadala led a USD15m Series B for Sarwa, a UAE-based personal finance and investment platform, with participation from 500 Startups, Kuwait Projects Company, Shorooq Partners, Middle East Venture Partners, DIFC,… Read More

Nama Ventures Leads Bridge Round for Saudi HRtech palm.hr

Nama Ventures led an undisclosed bridge round for Saudi Arabia-based HR solutions startup palm.hr, with participation from local angel investors. Read More

Nuwa Capital, Global Founders, FJ Labs, Others Invest USD4m Seed Round for UAE Fintech Baraka

UAE-based fintech Baraka raised a USD4m seed round from Global Founders Capital, FJ Labs, Raptor Group, Tribe Capital, Nuwa Capital, VentureSouq and Class 5 Global. Read More

UAE’s Swvl to Go Public via SPAC Merger with Queen’s Gambit Growth Capital

Swvl, a UAE-based transport technology startup founded in Egypt, will list on the Nasdaq via a merger with SPAC company Queen’s Gambit Growth Capital. The merger reportedly values the startup… Read More

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