Jordan club withdraws from international handball tournament in UAE over Israel participation

Wihdat sports club, a handball team from Jordan announced Wednesday its withdrawal from an international handball competition in the United Arab Emirates because of the participation of an Israeli team, Middle East Monitor (MEMO) reports. “Officially, the Wihdat club announces Read more

Dubai-based digital banking start-up YAP lands $41 million to fund expansion

Dubai-based start-up YAP, which operates a digital banking app, has raised $41 million to fund its expansion in the Middle East, Africa and Pakistan, Zawya reports. The investors include Saudi Arabia’s Aljazira Capital alongside Abu Dawood Group, Astra Group and Read more

UAE banks loan Singapore’s Olam Agri $745m to refinance existing loans

Singapore-based Olam Agri, the food, feed and fiber operating group of Olam Group, has secured a $745 million financing facility from the UAE banks to refinance existing loans for general corporate purposes, Zawya reports. Abu Dhabi Commercial Bank, First Abu Read more

Prince Khaled bin Alwaleed bin Talal Al Saud-owned KBW Ventures invests in US plant-based dairy platform

KBW Ventures, a Saudi Venture Capital firm owned by Prince Khaled bin Alwaleed bin Talal Al Saud has announced its participation in the Series B funding round of over $40 million for Eclipse Foods, a US plant-based diary platform. Eclipse Read more