This is Ambani’s second fundraising spree. Prior to this, he raised USD 20.2 billion for Reliance’s digital arm Jio Platforms from 13 high-profile global investors.

Founded just a few months ago by Careem and McKinsey alumni, Retailo wants to empower over 10 million SMEs in the retail sector of the Middle East, North Africa, and Pakistan.

China’s Ant Group plans to raise more funds on Shanghai’s Star market than in Hong Kong as part of its up to USD 30 billion dual listing.

Latest US filings show that Saudi’s Public Investment Fund (PIF) dissolved its stakes in BP, Boeing, Facebook, Disney, Marriott, Citigroup, and Bank of America.

Noon Academy is stepping into a market with some of the largest edtech companies in the world.

Women can book appointments for beauty and health services at salons, spas, gyms, as well as diet and dental clinics through Glamera’s mobile app.

Startupbootcamp, which already operates Dubai’s Smart City Accelerator and Qatar’s SportTech Accelerator, establishes headquarters in Dubai.

Saudi Payments and JCB International agree on a partnership to enable the acceptance of JCB cards in Saudi Arabia.