VC
Funding
+4
Jun 24, 2026
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2 min read
Abu Dhabi's MGX raises close to $50B in one of the largest AI funds ever
The firm has assembled a portfolio spanning frontier models, semiconductor infrastructure and data centres, with stakes including OpenAI and xAI.
Oman
+4
Jun 23, 2026
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2 min read
Oman's Phaze Ventures backs Metal, the AI fundraising startup from Airlift founder Usman Gul
Metal sells software to help founders run the fundraising process, built by Usman Gul, whose previous company, the grocery-delivery startup Airlift, raised Pakistan's largest-ever round before collapsing in 2022.
Jordan
+2
Jun 11, 2026
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1 min read
Jordan's ISSF commits $7M to Endeavor Catalyst V
It’s a returning LP, having committed $2 million to Endeavor Catalyst III back in 2020, making this week's cheque a more than threefold increase on its previous publicly disclosed exposure.
News
+4
Jun 5, 2026
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2 min read
Anthropic files for IPO after $65bn round at $965B valuation as QIA and MGX both deepen Gulf stakes
The filing makes Anthropic the third major AI company to move toward a public listing in 2026, following Cerebras, which listed on the Nasdaq in May at a $70B valuation, and ahead of rival OpenAI.
News
+2
Jun 3, 2026
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1 min read
Dubai's du launches $50m corporate venture fund managed by Shorooq
The mandate adds another vehicle to a rapid expansion at Shorooq, which also launched the $100 million Presight-Shorooq Fund I, in partnership with G42's ADX-listed AI arm Presight in late 2025.
Jordan
+2
May 20, 2026
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1 min read
JCIF launches Manara Ventures, a $70M growth fund for Jordanian tech startups, backed by Abu Dhabi's Lunate
The launch represents JCIF's first move into venture capital after deploying over JOD 100 million across six Jordanian companies since it began investing in 2023.
Deeptech
+3
May 15, 2026
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1 min read
Qatar Foundation's QSTP launches $30M deep tech venture fund
The fund's inaugural cohort of co-investment partners includes Global Ventures, Golden Gate Ventures, White Star Capital, VentureSouq and Builders VC, which is part of QIA's Fund of Funds programme.
Startups
+4
May 8, 2026
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1 min read
Saudi early-stage VC Khwarizmi Ventures closes Fund II first close at $70M
Fund II will invest $1 million to $5 million initial cheques into seed and Series A startups across the GCC, up from the $500,000 to $2 million range in Fund I.
News
+3
Apr 20, 2026
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2 min read
Speedinvest launches flagship Middle East and Africa fund backed by Mubadala, QIA and EIB Global
The fund is led by partners Deepali Nangia and Rana Abdel Latif and will invest across fintech, embedded finance, health, climate, AI, consumer and digital infrastructure in markets spanning MENAPT and Sub-Saharan Africa.
News
+2
Apr 17, 2026
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2 min read
UAE's Homegrown Ventures closes $22.8m debut fund as MENA's first VC firm dedicated to consumer brands
The fund is founded by Nader Amiri and Ahmad Shamieh, who between them have spent more than 30 years inside the CPG industry at Unilever, Coca-Cola, Kraft/Mondelez, Danone, Nokia and Microsoft.
Startups
+5
Apr 13, 2026
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4 min read
Golden Gate Ventures backs $2B AI infrastructure firm Invisible Technologies as it targets GCC enterprise deployments
Invisible, founded in 2015, claims to have trained data and models for more than 80% of the world's leading foundation model labs and counts Microsoft, AWS and Cohere among its enterprise clients.
News
+2
Apr 6, 2026
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4 min read
Abu Dhabi's Lunate owns a stake in $90B venture firm Insight Partners, court filings reveal
Lunate, which manages over $115B, is controlled by companies associated with Sheikh Tahnoon bin Zayed Al Nahyan, the UAE's national security advisor and brother to the president. Lunate is also a limited partner in multiple Insight funds.
SWFs
+4
Mar 26, 2026
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5 min read
Jeff Bezos pitches Gulf sovereign wealth funds on $100B manufacturing automation fund
If it closes at that scale, the fund would rival SoftBank's $100 billion Vision Fund as the largest private investment vehicle ever assembled, and like the Vision Fund before it, its viability would depend heavily on Gulf sovereign capital.
Jordan
+3
Mar 20, 2026
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4 min read
Endeavor Jordan selects Replit founders Amjad Masad and Haya Odeh, marking the network's 100th unicorn globally
The selection comes weeks after Replit closed a $400 million Series D at a $9 billion valuation led by Georgian, with participation from QIA, Andreessen Horowitz, Coatue, Craft Ventures and Y Combinator, among others.
Morocco
+3
Mar 20, 2026
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5 min read
Speedinvest launches dedicated Africa fund with €40m EIB anchor for fintech and mobile-first startups
The EIB's commitment is structured against a maximum fund size of €200 million under the bank's project terms, though Speedinvest has not disclosed a final fundraising target for the vehicle.
