International
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 ......
Consumer
Qatar wealth fund cuts stake in British supermarket group Sainsbury
The biggest shareholder in Sainsbury's, the Qatar Investment Authority (QIA), is selling 306 million pounds ($399 ......
TMT
MENA Digest: Ejari bags a big cheque; fintechs OCTA, Krti, Qpay get funding
Dealmaking activity in the Middle East and North Africa region this week was led by Saudi Arabian e-grocery delivery ......
Finance
Acumen gets LP cheque for Africa-focussed renewable energy fund
US-based impact investor Acumen, which backs social enterprises serving low-income individuals in developing and ......
Infrastructure
ADIA writes off 9.9% stake in struggling British utility Thames Water: Report
Abu Dhabi's sovereign wealth fund, one of the largest shareholders in Thames Water, has written off its nearly 9.9% ......
People
Adenia set to tap largest North African market to deploy from Fund V
Adenia Partners, a Mauritius-based private equity firm that focuses on mid-sized businesses across Africa and manages ......
TMT
Saudi PIF eyeing stake in LaLiga, Bundesliga streamer DAZN
Saudi Arabia's Public Investment Fund is among potential bidders exploring the purchase of a minority stake worth ......
TMT
Fintech to remain key investment theme in MENA: Panellists at LP Summit Dubai 2024
Fintech, which has emerged as one of the most funded sectors in the Middle East and North Africa region, will ......
Consumer
Abu Dhabi's ADNH Catering sets price range for IPO
Abu Dhabi National Hotels could raise as much 864 million dirhams ($235 million) from the initial public offering of its......
TMT
MENA Digest: Saudi's Al Menu leads funding activity; Global Ventures onboards new LP
Saudi Arabian foodtech SaaS firm Al Menu led startup funding activities in the Middle East and North Africa region this ......
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