US-based venture capital firm Modus Capital is to launch in Egypt and develop a Mena-dedicated investment fund.
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US-based venture capital firm Modus Capital is to launch in Egypt and develop a Mena-dedicated investment fund.
Robo-advisor firm Sarwa has become the first graduate from the Dubai Financial Services Authority’s (DFSA) regulatory sandbox.
DWS Group, formerly Deutsche Asset Management, has taken a 15% stake in Neo Technologies, a Dubai-based digital investment platform.
Dubai-based investment manager Beco Capital has secured a total of $15 million from International Finance Corporation (IFC), the asset management arm of the World Bank, to support venture capital funds that target Mena-based technology startups.
The Dubai Financial Services Authority (DFSA) is launching a second cohort of applicants for its innovation testing licence (ITL) programmes, which allows fintech startups to test their products within the DFSA’s sandbox.
Dubai-based Alcazar Capital and InQvest Partners, the investment arm of incubator Fintech Consortium, have jointly launched a $100 million (€87.2 million) global fintech fund.
Private investors in Bahrain hope to launch a $100 million fund dedicated to financial technology, according to a government official quoted by the India-based Economic Times.
Jordan’s Arab Bank is to launch a £30 million venture fund targeting financial technology firms, according to its chief operating officer.
Saudi Arabia's sovereign wealth investment vehicle, the Public Investment Fund (PIF), has invested $1 billion in electric car manufacturer Lucid Motors.
The Abu Dhabi Global Market (ADGM), the emirate's international financial centre, has underlined its financial technology ambitions with the launch of a digital sandbox.
In 2016, global consulting firm PWC forecast the emergence of five global ‘megatrends’ in the next two decades. Stephen Anderson, its Middle East clients and markets leader, talks about their...
Rasmala’s trade finance fund recently passed $100 million in assets. Doug Bitcon, head of credit strategies, explains why he has to be hands-on.
Our cross-industry panel discuss the positive backdrop in Egypt, the Dana Gas controversy and the potential index upgrades of Saudi Arabia and Kuwait. Chaired by George Mitton in Dubai.
Our panellists tell us that instead of launching competing national projects, African countries should work together for the sake of a bigger capital market. Chaired by George Mitton in Cape Town.
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November 2018
FundTech 2018