Search Results: investments (334)

Oman’s exports have grown by over 50% between 2021 and 2022, according to the Omani government. A 55.9% increase in exports was recorded between January 2021 and 2002, according to the National Centre for Statistics and Information.

Masdar, Abu Dhabi’s sovereign investment company’s green energy producer, and Egypt’s Infinity Energy are set to buy a majority stake in South Africa’s Lekela Power. The deal would involve buying private equity firm Actis’ stake, in a deal valued near USD 1 billion.

Egypt has awarded eight gold and metal mining exploration licenses in the country’s eastern desert region.

Timbuktoo, the headquarters of the United Nations Development Programme’s (UNDP) new innovation financing hub will be based in Kigali, Rwanda.

Online used-car retailer Sylndr has announced the raising or USD 12.6 million in a pre-seed round led by RAED Ventures, with participation from Algebra Ventures, Global Founders Capital, 1984 Ventures and Nuwa Capital along with a series of regional angel investors.

A Saudi delegation led by Royal Court adviser Ahmed bin Abdulaziz Kattan has visited a number of East and Southwest African states in an effort to boost economic and political ties while seeking support for the Kingdom’s hosting of Expo 2030 in Riyadh.

Ayman Al-Bayaa, CEO of Benya Group and Chairperson of Bunya Systems, said that the Saudi market offers an array of investment opportunities including data centers, smart city solutions and information security.

Startups saw record levels of VC investments, according to reports by CB Insights, a leading technology insights firm, which reported global investments of USD 621 billion last year.

Startups from across the MENA region raised USD 297 million through 29 deals in April of this year.

hrough its presence at ATM 2022 (this year’s Arabian Travel Market event), the Zimbabwe Tourism Authority (ZTA) is seeking to gain from the post-pandemic rise in travel and tourism across the Gulf.