Arabian Centres Company announces new CEO

Arabian Centres Company (ACC), the largest owner, developer and operator of contemporary lifestyle centres in Saudi Arabia, has announced the appointment of its new Chief Executive Officer (CEO), Alison Rehill-Erguven, joining in August 2022. Rehill-Erguven brings more than two decades of extensive shopping mall and real estate experience having been based in and/or managed joint […]

Egyptian digital logistics startup Khazenly raises $2.5mln in seed funding

Khazenly, the Cairo-based on-demand digital warehousing and fulfilment platform, announces its successful seed fund raise of $2.5 million. The funding round was co-led by leading regional venture capitalists Arzan Venture Capital – specialized in innovative, early-stage startups, and Shorooq Partners – focused on seed-stage tech funding across MENAP. Other investors included Fintech-focused fund – Camel […]

Saudi Arabia records increased investment and new opportunities in healthcare infrastructure

JLL, a leading professional services firm specialized in real estate, investment management and development consultancy services, highlighted the substantial opportunities for investors and developers in the Kingdom’s healthcare sector. Underlining the promising landscape for healthcare infrastructure development and medical service delivery, JLL recently advised Dubai-based Gulf Islamic Investments LLC (GII) on a $530 million deal to acquire […]

DoH – Abu Dhabi joins AstraZeneca’s A.Catalyst network to attract and support start-ups globally

The Department of Health – Abu Dhabi (DoH), the regulator of the healthcare sector in the emirate, joined the A.Catalyst network as a result of the Declaration of Collaboration recently signed with AstraZeneca. The partnership highlights DoH’s commitment to enhancing digital healthcare in the emirate and improving patient experience and outcomes. In an effort to attract leading […]

Arabian Centres furthers progress of pioneering retail projects Jawharat Al-Riyadh and Jawharat Jeddah malls with Riyadh Capital

Arabian Centres, the largest owner, developer and operator of contemporary lifestyle centres in Saudi Arabia, has launched its next-generation retail experience, brought to life through two new locations Jawharat Al-Riyadh and Jawharat Jeddah malls, collectively bringing more than 235.6 thousand square metres (sqm) of GLA. The company has signed two agreements with Riyad Capital, the […]

Tanmeyah successfully acquires fast-growing tech-driven B2B platform Fatura

Tanmeyah for Microfinance Services, a wholly-owned subsidiary of EFG Hermes Holding and Egypt’s leading provider of microfinance solutions, announced today that it has successfully concluded the acquisition of Fatura Netherlands B.V. (“Fatura”). Fatura is a fast-growing tech-driven Business-to-Business (B2B) platform with a regional footprint of 22 governorates in Egypt. Fatura is backed by prominent shareholders […]