Markets, IPO & M&A

Singapore's Ascentium acquires UAE corporate services provider Clara

Singapore-based business services platform Ascentium has acquired Clara, a UAE-based regtech and corporate service provider, in a deal that expands Ascentium's presence across the Middle East's regulated financial hubs. Founded in 2018, Clara operates as the largest licensed corporate service provider in Abu Dhabi Global Market, serving startups, venture capitalists, and government entities through its proprietary compliance platform.

QIA backed Shorooq Fund brings $200M to late stage tech companies in MENA

Shorooq launches a $200M late stage growth fund backed by the Qatar Investment Authority to support mature MENA tech companies aiming for IPOs, addressing a key funding gap.

Jarir receives SAMA approval to establish SAR 50 Million Micro-Consumer finance firm

Jarir secures preliminary SAMA approval to establish Rifd Integrated Co., a SAR 50 million micro-consumer finance company, partnering with Aman Egypt to expand financial services in Saudi Arabia.

Qatar doubles down on Startups with $2 Billion fund Injection at Web Summit 2026

Sovereign wealth fund expands venture program as Qatar pursues tech dominance alongside Saudi Arabia, UAE

Web Summit announces Qatar 2027 with 50% off tickets

Saudi Social app Declic closes $1M Seed Round to expand across the Gulf

Declic, the Saudi social app backed by 500 Global and Misk, just closed a $1 million seed round to expand across the Gulf.

How Startups Can Win Big at Web Summit Qatar 2026

Web Summit Qatar 2026 offers early stage startups opportunities to connect with investors, mentors, and media. Here’s how ALPHA participants can maximise visibility, pitch effectively, and turn conversations into meaningful business outcomes.