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4 stories found

Qatar Investment Authority Backs Speedinvest's New MEA Fund
Financedoha-news4mo ago

Qatar Investment Authority Backs Speedinvest's New MEA Fund

The Qatar Investment Authority (QIA) has joined Mubadala Investment Company in backing Speedinvest's new Middle East and Africa fund, formalizing Speedinvest's entry into QIA's Fund of Funds programme to bring global venture capital expertise to Doha.

Silicon Valley-style fallout hits Türkiye: Getir’s $700M legal bombshell
BusinessTimes of India6mo ago

Silicon Valley-style fallout hits Türkiye: Getir’s $700M legal bombshell

Co-Founders Nazım Salur and Serkan Borançılı of Turkish food and grocery delivery startup, Getir, have filed a $700 million lawsuit against Abu Dhabi investor Mubadala Investment Company. They allege the sovereign wealth fund breached a 2024 restructuring agreement by withholding key assets, including the valuable Getir Finance platform. This legal action escalates a dispute following Uber's acquisition of Getir's Turkish operations.