STOCKHOLM & DUBAI, United Arab Emirates – (BUSINESS WIRE) Brakket Invest, a growth equity fund based in Stockholm and Dubai, signed an agreement this week to acquire BEON-IT, a SAP Gold-Partner firm with offices throughout the Middle East. The move will give Brakket Invest a foothold in the global tech industry as it gears up …
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Dubai and Cairo, 16 March 2023. almentor, the leading online video learning platform in Arabic, has raised $10mn in growth capital in a pre-series C round led by e& capital, the tech investment arm of e&. The proceeds will be used to accelerate almentor’s growth towards its goal of serving ten million learners in the …
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Modanisa, Turkey’s e-export champion, with its exports to 130 countries, has added Re-Pie Asset Management to its investors to expand its global service network and strengthen its global leadership. Modanisa Co-Founder and CEO Sami Güzel said, “We have accomplished incredible things in the last 10 years. We have more geographies to reach and a lot …
Dubai, UAE – 29 March 2022: Altibbi, the Middle East’s largest AI-based digital health platform, announces a $44 million Series B fund raise The round was led by Foundation Holdings, with participation by leading strategic and financial investors including Hikma Ventures, Global Ventures and Dash Ventures. Altibbi is the largest AI-based digital health …
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Dubai, United Arab Emirates, 7 October 2021 Global digital agency Valtech has acquired Dubai-based digital-experience design specialist, Revonic. The transaction was announced on 28 July and successfully closed on 6 October 2021 following the completion of regulatory approvals. Following the recent announcement that Valtech secured funding from BC Partners valuing the company $1.4 billion, this …
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Paris | Dubai (June 21th, 2021) – Awad Capital Ltd. the Middle East partner of Drake Star Partners, acted as financial adviser to The Luxury Closet, in collaboration with Drake Star Partners, on its Series D raise. The Luxury Closet is the leading online platform in the Middle East for buying and selling pre-owned luxury goods. The …
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PwC Middle East enters into an asset purchase agreement to acquire Tyconz’s Enterprise Business Applications Operations which will significantly expand their technology and digital consulting services offering. Tyconz cofounders Tarek Abdel Khalek and Jawad Fakih join PwC as Partners with a focus on delivering integrated solutions from strategy through execution to clients. This enhances PwC’s …
The Luxury Closet receives investment from Huda Beauty Investment (HBI), championing resale Economy and Sustainability in the Luxury resale Marketplace Industry HBI invests in the Middle East’s resale market leader The Luxury Closet, becoming one of the principal shareholders. Founders of Huda Beauty add capabilities into brand development and their social media leverage. Partnership to …
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London, Dubai, December 12th , 2019 – Global investment banking firm Drake Star Partners and Dubai-based financial advisory firm Awad Capital Ltd. have announced a strategic partnership to expand their cross-border reach and facilitate their global growth. The partnership will expand Drake Star Partners’ access in the Middle East, where Awad Capital boasts an outstanding …
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21 March 2019, Dubai, UAE – Awad Capital, the independent, Dubai-based, DFSA regulated financial services firm, has announced the successful closure of its recent capital raising, totaling $2.1 million. The capital will be used to fuel the growth of the company. Ziad Awad, founder and CEO of Awad Capital, commented: “We are pleased to announce …
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