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New funds generating returns, selecting right GPs critical: Panellists at LP Summit Dubai 2024

General

04 October, 2024

New funds generating returns, selecting right GPs critical: Panellists at LP Summit Dubai 2024

Several new private equity and venture capital funds in India are proving their ability to generate returns even as a ......

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LP Summit Dubai 2024: Space to improve corporate governance in India, say family offices

General

01 October, 2024

LP Summit Dubai 2024: Space to improve corporate governance in India, say family offices

Dubai-based single-family office KAAF Investments, which is backed by the Kanoo family and has invested in India via seven fund ......

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Dubai's Ajeej Capital, Nuwa roll out tech-focussed debt fund

Finance

25 September, 2024

Dubai's Ajeej Capital, Nuwa roll out tech-focussed debt fund

Ajeej Capital, a Dubai-based asset manager with an AUM of over $1 billion, has floated a $100-million growth debt fund ......

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Dubai Future District Fund sees change of guard as CEO steps down

People

14 August, 2024

Dubai Future District Fund sees change of guard as CEO steps down

Dubai Future District Fund (DFDF), the region’s first evergreen venture capital fund-of-fund is undergoing a change of guard with Sharif ......

Dubai's Sidara drops plans to buy UK's Wood Group

Infrastructure

05 August, 2024

Dubai's Sidara drops plans to buy UK's Wood Group

Dubai's Sidara said on Monday it was walking away from its plan to buy UK's John Wood Group, citing rising ......

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MENA Digest: Pathfinder leads funding this week; Saudi's OTO gets another VC onboard

TMT

26 July, 2024

MENA Digest: Pathfinder leads funding this week; Saudi's OTO gets another VC onboard

UAE-based retail technology solutions provider Pathfinder led funding activity in the Middle East and North Africa region this week, securing ......

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ASK Private Wealth appoints two execs for Middle East, Singapore operations

People

25 July, 2024

ASK Private Wealth appoints two execs for Middle East, Singapore operations

ASK Private Wealth, which specializes in wealth management and family office solutions for ultra-high networth individuals, has roped in two ......

Saint-Gobain to buy Dubai's FOSROC for around $1 bn

Manufacturing

27 June, 2024

Saint-Gobain to buy Dubai's FOSROC for around $1 bn

France's Saint-Gobain has entered into an agreement to buy Dubai-based construction chemicals company FOSROC for around 960 million euros ($1.03 ......

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MENA Digest: SiFi,  Elevate raise funds; May VC funding up 5 times from April, down 58% YoY

TMT

07 June, 2024

MENA Digest: SiFi, Elevate raise funds; May VC funding up 5 times from April, down 58% YoY

Saudi Arabia-based fintech startup Simplified Financial Solutions Company (SiFi) led funding activity in the Middle East and North Africa (MENA) ......

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Global asset manager Barings opens office in Dubai

General

30 April, 2024

Global asset manager Barings opens office in Dubai

Barings, a global investment management firm that manages assets worth $406 billion, has opened an office in Dubai to help ......