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 …
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 …
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 …
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 …
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 …
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 …
Awad Capital, the independent, Dubai-based, DIFC regulated financial services firm, has announced the successful closing of the sale of 100% of Eton Institute’s share capital to a leading regional specialized private equity platform for an undisclosed amount. Eton Institute was founded in 2006 and has rapidly grown to become the UAE’s leading language institute, offering …
Dubai, UAE: Awad Capital, the Dubai Financial Services Authority (DFSA) regulated firm specialising in M&A, corporate finance and capital markets advisory, has announced the creation of a new Employee Share Ownership Program (ESOP) that allows senior employees and members of the board and advisory board to become shareholders in the firm. Founding shareholder Ziad Awad, …
Dr. Marc Nassim, a senior financial services professional with more than 13 years of experience is joining Awad Capital Ltd. as Managing Director and Head of Corporate Development. Dubai, 6 September 2015: Today Awad Capital Ltd. (ACL) announced that Dr. Marc Nassim has joined the firm as a Managing Director and Head of Corporate Development. …