International
Infrastructure
French PE Amethis part-finances portfolio firm's acquisition in Morocco
Amethis, a French private equity firm that backs mid-sized businesses in Africa and Europe, has part-financed the acquisition of a ......
Finance
PE firm Mediterra Capital set to invest in Turkish company
Mediterra Capital Partners, a Turkey-focused private equity firm that bets on small and mid-sized companies, is set to invest in ......
Consumer
Middle Eastern retail chain Lulu kickstarts IPO process
Lulu Retail Holdings, which runs one of the Middle East's biggest hypermarket chains, kicked off an initial public offering on ......
General
MENA Digest: Global Ventures-backed Abhi leads fundraising this week
Abhi, a UAE-based fintech startup, which is backed by Global Ventures and VentureSouq, led fundraising activity in the Middle East ......
Finance
Adenia Partners' Schow on focus over sector, country diversification for fifth Africa fund and more
Mauritius-based private equity firm Adenia Partners, which traditionally makes control-styled bets on mid-market businesses in Africa, is now doubling down ......
Finance
Jada-backed Artal Capital eyes final close of maiden PE fund by Q1 2025
Artal Capital, a Riyadh-based multi-asset investment firm that manages assets worth $600 million and marked the first close of its ......
Finance
Goldman Sachs' Saudi Arabia CEO leaving firm
Goldman Sachs' Saudi Arabia CEO, Khalid Albdah, is leaving the firm, a source familiar with the situation told Reuters on Wednesday. Albdah has been ......
Manufacturing
Saudi firm Manara in talks to buy stake in First Quantum's Zambian mines
Saudi Arabia's Manara Minerals is closing in on a deal to buy a minority stake in Canadian miner First Quantum ......
Finance
BNP Paribas rethinks Middle East HQ as it cuts headcount in Bahrain
BNP Paribas is planning to reduce headcount in Bahrain and scrap Manama as its Middle East and Africa head office, ......
Finance
SVC backs VC portfolio firm in second LP bet this year
Riyadh’s state-owned Saudi Venture Capital (SVC), which manages assets worth $2.2 billion, has struck its second limited partner-style bet this ......