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Mubadala to take Canada's CI Financial private, stock skyrockets 30%

Finance

26 November, 2024

Mubadala to take Canada's CI Financial private, stock skyrockets 30%

Abu Dhabi's Mubadala Capital will take CI Financial private in a C$12.1 billion ($8.66 billion) all-cash deal, ......

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BlueFive Capital beefs up top deck with another former Investcorp exec

Finance

25 November, 2024

BlueFive Capital beefs up top deck with another former Investcorp exec

Bluefive Capital, an Abu Dhabi-based asset management firm, has brought on board another former executive of Bahrain-......

Saudi VC Vision Ventures onboards Jordanian LP for second fund

Finance

25 November, 2024

Saudi VC Vision Ventures onboards Jordanian LP for second fund

Vision Ventures, a Saudi Arabia-based early-stage venture capital firm that backs tech-led startups in the Middle East ......

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Ethos PE spinout Infinite Partners set to acquire fibre infra firms

TMT

22 November, 2024

Ethos PE spinout Infinite Partners set to acquire fibre infra firms

Infinite Partners, a South Africa-based mid-market private equity firm spun out from Ethos PE, is set to acquire a slew ......

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Saudi VC SEEDRA onboards sovereign investor as LP for second fund

Finance

20 November, 2024

Saudi VC SEEDRA onboards sovereign investor as LP for second fund

SEEDRA Ventures, a Saudi Arabia-based venture capital firm that backs early-stage companies and currently manages a ......

Turkish PE Pragma acquires minority stake in cyber intelligence firm

TMT

19 November, 2024

Turkish PE Pragma acquires minority stake in cyber intelligence firm

Pragma Capital Partners, the private equity arm of Turkey’s investment banking company Pragma that backs tech and ......

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VC firm MEVP marks second full exit from Fund II, DPI reaches 118%

TMT

18 November, 2024

VC firm MEVP marks second full exit from Fund II, DPI reaches 118%

Gulf-focused venture capital firm Middle East Venture Partners (MEVP), which invests in early and growth-stage tech ......

Saudi wealth fund PIF raises $1 bn from STC stake sale

TMT

14 November, 2024

Saudi wealth fund PIF raises $1 bn from STC stake sale

Saudi Arabia's sovereign wealth fund PIF has raised 3.86 billion riyals ($1.03 billion) from selling a 2% stake in ......

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Africa-focused French impact investor I&P set to onboard returning LP for new fund

Finance

13 November, 2024

Africa-focused French impact investor I&P set to onboard returning LP for new fund

Investisseurs & Partneraires (I&P), an Africa-focused impact investment firm that backs high-growth small and medium-......

Long-time CEO of NEOM goes as Saudi Arabia scales back mega-projects

People

13 November, 2024

Long-time CEO of NEOM goes as Saudi Arabia scales back mega-projects

Nadhmi al-Nasr, the long-time chief executive of the $500 billion NEOM mega-project at the heart of Saudi Arabia's ......

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