International
TMT
Peak XV-backed Singapore startup Airalo enters unicorn club with CVC-led round
European private equity firm CVC led a $220-million funding round in Singaporean travel technology specialist Airalo, valuing the business at ......
Finance
Carlyle Africa spinout Alterra Capital exits legacy asset
Alterra Capital Partners, an Africa-focused private equity firm that backs high-growth companies, has monetized a seven-year-old legacy asset from the ......
General
Larger deals power global M&A in H1, bankers signal appetite for megadeals
Mergers and acquisitions during the first half of this year were not what investment bankers had hoped for, but a ......
Finance
Decoding digital VC platform Stryde71's investment game plan
Stryde71, the new venture capital arm of the UAE-based digital investment platform Stryde, is targeting one to two startup investments ......
Finance
Oman Investment Authority grows Asia exposure via fund-of-fund bets
The Oman Investment Authority (OIA), the sovereign wealth fund of the Gulf nation, is gradually diversifying its fund strategy, shifting ......
TMT
MENA Digest: Fintech startups Octane, XFOLIO, SaturnX bag VC funding
Egyptian fintech company Octane led startup fundraising activity in the Middle East and North Africa region this week, as it ......
Finance
Saudi Arabia's SIDF Investment Company backs PE fund in first overseas LP bet
SIDF Investment Company, an investment platform owned by the Saudi Industrial Development Fund, has made its first international limited partner-style ......
Manufacturing
Turkish PE firm Pragma strikes first bet from fourth industrial fund
Pragma Capital Partners, the private equity arm of Turkish investment banking company Pragma, has struck its first deal from the ......
Finance
UAE developer Binghatti launches asset management firm targeting $1 bn
Dubai's Binghatti said on Monday it had launched an asset management firm aiming to manage around $1 billion in Shariah-compliant ......
Infrastructure
How Saudi firm Alfanar's India green energy foray is running into headwinds
On April 1, 2021, Saudi conglomerate Alfanar Group fully operationalised its first wind energy project in India–almost two months ahead ......