Dubai, United Arab Emirates
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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

Jeff Schlapinski, Managing Director, Research

Sabrina Katz, Manager, Research & Special Projects

Tatia Dzaptashvili, Analyst, Research

Middle East Research

2022 Global Private Capital Industry Data & Analysis

February 16, 2022
GPCA members can log in to download the complete 2022 Industry Data & Analysis Excel file. GPCA data through year-end 2021 across Asia, Latin America, Africa, CEE and the Middle… Read More

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 Climate Data Insight

November 2, 2021
Based on GPCA’s newly developed taxonomy of climate-dedicated businesses, the 2021 Climate Data Insight covers climate-focused private capital activity in Asia, Latin America, Africa, Central & Eastern Europe and the… 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 Data Insight (Mid-Year 2019)

September 27, 2019
EMPEA Members, log in and click through for your exclusive access to the detailed report and underlying data. The private capital space in the Middle East has undergone a transformation over the… Read More

Middle East Data Insight (Year-End 2018)

March 11, 2019
  EMPEA Members, log in and click through for your exclusive access to the detailed report and underlying data.  Managers deployed USD516 million in the Middle East in 2018, representing a 102%… Read More

Africa and Middle East: An Overview of Select Markets’ Government Response to COVID-19 and State-Sponsored Relief Programs

June 8, 2020
Contributed by EMPEA Leadership Circle and Legal and Regulatory Council member, Debevoise & Plimpton Read More

2019 Global Limited Partners Survey

May 3, 2019
The 15th annual edition of EMPEA’s Global Limited Partners Survey features the views of 104 limited partners (LPs) on the current conditions and outlook for emerging market private equity (EM… Read More

Middle East News

Atalaya Capital Management and Partners for Growth Provide USD150m Credit Facility to  UAE’s Tabby

Tabby, a UAE-based BNPL startup, secured a $150m credit facility from Atalaya Capital Management and existing lender Partners for Growth. The company raised a USD54m Series B extension in March… Read More

Atalaya Capital Management and Partners for Growth Provide USD150m Credit Facility to  UAE’s Tabby

Tabby, a UAE-based BNPL startup, secured a $150m credit facility from Atalaya Capital Management and existing lender Partners for Growth. The company raised a USD54m Series B extension in March… Read More

Saudi Arabia’s PIF Commits USD300m to OIIM’s and Equitix’s Rakiza Infrastructure Fund

Saudi Arabia’s sovereign wealth fund PIF committed USD300m to Rakiza Infrastructure Fund, a private infrastructure fund co-managed by Oman Infrastructure Investment Management (OIIM) and Equitix Investment Management with a focus… Read More

Actis To Acquire Controlling Stake in UAE’s Yellow Door Energy

Actis, through its USD6b Energy 5 Fund, agreed to acquire a controlling stake in Yellow Door Energy, a UAE-based commercial and industrial solar platform, for an undisclosed amount. The IFC… Read More

Ruya Partners Invests ~USD20m in Saudia Arabia’s Energia

Ruya Partners provided SAR75m (~USD20m) in financing to Energia, a Saudi Arabia-based temporary power solutions provider. Read More

Silicon Badia Leads USD12m Series A for Egypt’s Cartona

Silicon Badia led a USD12m Series A for Cartona, an Egypt-based B2B e-commerce platform, with participation from SANAD Fund for MSME, Arab Bank Accelerator and Sunny Side Ventures, and follow-on… Read More

500 Global Leads Six-figure Seed Round for Palestine’s Modesta

500 Global led a seed round for Modesta, a Palestine-based fashion e-commerce startup, with participation from the Innovative Private Sector Development Project (IPSD) program funded by the World Bank and… Read More

Aljazira Capital Leads USD41m Round for UAE’s YAP

Aljazira Capital led a USD41m venture round for YAP, a UAE-based digital banking app, with participation from Abu Dawood Group, Astra Group, and Audacia Capital. The startup plans to complete… Read More

Flat6Labs and DisruptAD Select 10 Startups for UAE’s Ignite Program

Flat6Labs and ADQ’s venture platform DisruptAD selected 10 new startups for Ignite, a USD32m UAE-based startup accelerator and seed-stage fund that supports startups with funding, office space and mentorship. Read… Read More

Metric Capital Partners and IMM Investment Corp Lead USD180.5m Round for UAE’s Pure Harvest

Metric Capital Partners and IMM Investment Corp led a USD180.5m round for UAE-based agribusiness Pure Harvest Smart Farms for its Asia expansion, along with participation from Olayan Group and follow-on… Read More

Alpha Intelligence Capital and Dutch Founders Fund Lead USD9.5m Series A for UAE’s Vamstar

Alpha Intelligence Capital and Dutch Founders Fund led a USD9.5m Series A for Vamstar, a UAE-based AI sourcing platform for medical supplies and pharmaceuticals, with follow-on from btov Partners and… Read More

Careem Acquires UAE’s Global Ventures-backed MUNCH:ON

Careem acquired UAE-based food delivery platform MUNCH:ON for an undisclosed amount. Careem became the Middle East’s first unicorn when US-based Uber bought it in 2019 for USD3.1bn. Read more here… Read More