International
TMT
Abu Dhabi-backed RedBird IMI scraps Telegraph deal, to sell UK newspaper
Abu Dhabi-backed RedBird IMI on Tuesday said it would sell the Telegraph after it scrapped its acquisition of the right-......
General
Global asset manager Barings opens office in Dubai
Barings, a global investment management firm that manages assets worth $406 billion, opened an office in Dubai to help ......
TMT
Bahrain's Investcorp to acquire NSE's digital arm for $120 mn
Bahrain-based private equity and real estate investor Investcorp has entered into an agreement to acquire NSEIT, the ......
TMT
MENA Digest: UAE's WEE Marketplace, three Egyptian startups secure funding
Funding activity in the Middle East and North Africa region revived this week with a slew of early-stage deals, led ......
TMT
Saudi PIF, STC Group likely to bid for Spanish Cellnex's Austrian unit
Saudi Arabia's STC Group and sovereign fund PIF may bid for the Austrian unit of Spanish mobile phone tower ......
Finance
Saudi Arabia's PIF hits $749 bn in assets under management
Saudi Arabian sovereign wealth fund PIF's managed assets reached 2.81 trillion riyals ($749.2 billion) in 2023, ......
Finance
Adenia expands LP base beyond legacy regions for oversubscribed fifth fund
Adenia Partners, a Mauritius-based private equity firm that focuses on mid-sized businesses across Africa, ......
TMT
ADQ, Oman Investment Authority float VC fund to make bets in buzzing MENA startup market
Gulf sovereign wealth investors – Abu Dhabi’s ADQ and Oman Investment Authority – have jointly floated a tech-......
Finance
Dutch impact investor Bix Capital taps returning LP for Africa, Southeast Asia fund
Bix Capital, a Dutch impact investment firm that offers debt financing to small and medium enterprises mainly in sub-......
Finance
Saudi multi-asset investor Artal Capital hits first close of PE fund
Artal Capital, a Riyadh-based multi-asset investment firm, has marked the first close of its mid-market-focused private ......
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