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Bahrain fund Mumtalakat exits U.S. firm Nobel Learning Communities-CEO

Mumtalakat invested in Nobel in 2015, partnering with Manama-based alternative investments manager, Investcorp By Hadeel Al Sayegh and Saeed Azhar, Reuters News DUBAI – Bahrain’s sovereign wealth fund, Mumtalakat, has sold its investment in U.S. private education provider Nobel Learning Communities, as another U.S. school operator Spring Education Group acquired Nobel earlier this month. Mumtalakat invested in Nobel in 2015, …

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Dubai-based Wrappup bought by Silicon Valley firm

Company’s co-founders will all join competitor Voicera. By Michael Fahy, ZAWYA A Dubai-based technology company started at a hackathon event three years ago has been bought out by a Silicon Valley-based competitor. Wrappup, which has been developing an app using artificial intelligence (AI) to record and automatically note action points in meetings, has been acquired by Voicera, which has also …

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Leading international search firm, InterSearch, appoints new Managing Director, Middle East

InterSearch Middle East, one of the fastest growing executive search firms in the MEA region, recently promoted Samantha Robinson from General Manager UAE to Managing Director Middle East, following the retirement of John Robinson, founder and former Managing Director. Samantha, who has 20 years combined executive search and in-house recruitment experience, joined InterSearch Middle East 10 years ago, initially as …

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