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

Sabrina Katz, Manager, 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

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

DisruptAD, Reciprocal Ventures and Shorooq Partners Lead USD22.5m Round for UAE’s NymCard

DisruptAD, Reciprocal Ventures and Shorooq Partners led a USD22.5m round for UAE-based Banking as-a-Service provider NymCard, with participation from Chimera, DFDF, Knollwood, Endeavor Catalyst, OTF Jasoor Ventures and additional new… Read More

IFC, March Holding, B&Y Ventures, Others Invest USD18m Series B for Lebanon’s Toters

Toters, a Lebanon-based super app that began as a food delivery service, raised a USD18m Series B from IFC, March Holding and existing investor B&Y Ventures, along with undisclosed investors.… Read More

PIF Acquires 23.97% Stake in Jordan’s Capital Bank Group for USD185m

PIF acquired a 23.97% stake in Jordan-based banking group Capital Bank Group for USD185m. Read More

GII Acquires UAE’s Anglo-Gulf Trade Bank From Mubadala

Gulf Islamic Investments acquired 100% of UAE-based digital bank Anglo-Gulf Trade Bank from Mubadala Investment Company for an undisclosed amount. Read More

UAE’s Aramex To Acquire MyUS for USD265m

Dubai-headquartered logistics company Aramex agreed to acquire MyUS, a cross-border e-commerce platform based in the US, for USD265m. Read More

PIF Acquires 16.87% in Saudi Arabia’s Kingdom Holding for USD1.5b

The Public Investment Fund acquired a 16.87% stake in Kingdom Holding, the Saudi Arabia-based investment company controlled by Prince Alwaleed bin Talal, in a deal valued at USD1.5b. Read More

Alpha Dhabi Commits USD2.5b to Alpha Wave Ventures II

Abu Dhabi-listed Alpha Dhabi Holding committed USD2.5b to Alpha Wave Ventures II, a venture fund launched by Chimera Capital and Alpha Wave. The vehicle will invest in high growth, tech-enabled… Read More

Cherry Ventures and Shorooq Partners Lead a USD12m Seed Round for UAE’s Pemo

Cherry Ventures and Shorooq Partners led a USD12m seed round for UAE-based fintech Pemo, with participation from FinTech Collective, Speedinvest, BY Venture Partners, Antler and angels. Read More

Jadwa III Sells Saudi Arabia’s Al Meswak to Gulf Islamic Investments and Jadwa Fund V

Jadwa Investment’s Jadwa Healthcare Opportunities Fund 3 sold its majority stake in Saudi Arabia-based dental and dermatology services provider Al Meswak Dental Clinic to Gulf Islamic Investments and Jadwa Healthcare… Read More

UAE’s Kitopi Raises USD300m Series C+

UAE-based cloud kitchen startup Kitopi raised a USD300m Series C extension, bringing total capital raised in the round to USD715m. SoftBank Vision Fund 2 led the company’s USD415m Series C… Read More

Wa’ed and Savola Lead USD18.5m Round for Saudi Arabia’s Red Sea Farms

Wa’ed and The Savola Group led a USD18.5m round for Saudi Arabia-based agtech Red Sea Farms, with participation from KAUST Innovation Fund and OlsonUbben. Read More