Past Editions
Warner Bros. invests $57 million in OSN+ for minority stake
Warner Bros. Discovery has just acquired a ~30% stake in OSN+, the streaming arm of Dubai-based OSN Group, for $57 million. While the deal is still subject to regulatory approval, it marks the deepening of a relationship that’s been quietly building.
NymCard raises $33m in Series B led by QED to scale banking infrastructure across MENA
Founded in 2018 by Omar Onsi, NymCard is a Banking-as-a-Service (BaaS) provider that enables fintechs, banks, and enterprises to issue and process payment cards, provide embedded lending, and facilitate digital transactions without relying on traditional banking infrastructure.
Gulf sovereign wealth funds are betting big on biotech – why?
QIA just backed Latigo Biotherapeutics’ $150 million Series B, meanwhile ADIA participated in Lila Sciences’ $200 million seed round. This isn’t just a passing interest – there’s a very clear pattern emerging across Gulf SWFs.
Rise, fall & reinvention
An honest reflection with Idriss Al Rifai on Fetchr’s hypergrowth, what went wrong, the isolation of being a founder, and the emotional cost of tying self-worth to a company, plus hard-won lessons on hiring, scaling, and the $140 billion SME financing opportunity in MENA.