Abu Dhabi-based Chimera Capital partners with Alpha Wave to lead $10bn tech fund

Abu Dhabi-headquartered investment firm Chimera Capital has joined global alternative asset manager Alpha Wave in leading a $10 billion tech fund, Arab News reports citing Bloomberg. The fund, Bloomberg notes, will have a global remit but with a concentration on Read more

KSA Ventures into Technology with Multibillion Dollar Investment

Saudi Arabia and Softbank Group Corp (SBG) have signed a Memorandum of Understanding, under which the oil rich kingdom will be a primary investor in its Softbank Vision Fund, to be dedicated to investments in the technology sector. The investment Read more