International
Infrastructure
South African PE Metier strikes seventh bet from sustainability-focused fund
Metier, an Africa-based private equity firm that backs growth-stage companies in Sub-Saharan Africa struck its seventh ......
Manufacturing
Aramco to up stake in EIG's MidOcean to 49%, fund new stake in Peru LNG
Saudi Aramco will increase its stake in liquefied natural gas firm MidOcean Energy to 49% and fund its acquisition of ......
Economy
S&P revises Saudi Arabia's outlook to positive on advancing non-oil economy
S&P Global Ratings revised Saudi Arabia's forecast to positive from stable on Friday, citing strong non-oil growth......
Manufacturing
Saudi mining company Ma'aden to buy Alcoa's stake in joint venture for $1.1 bn
U.S. aluminium maker Alcoa said on Sunday that it would sell a 25.1% stake in its Ma'aden joint venture to Saudi ......
Consumer
South African PE firm Metier set to strike fourth deal from new fund
Metier, a South African private equity firm that backs mid-market companies in Sub-Saharan Africa, is set to acquire a ......
TMT
MENA Digest: Fintechs lead fundraising this week; VC investment falls in August
Venture capital funding activity in the Middle East and North Africa (MENA) region was led by fintech startups this week......
Finance
PGIM opens Abu Dhabi office, joining money managers' rush to UAE capital
PGIM, the investment management arm of U.S. insurer Prudential Financial, has opened an office in Abu Dhabi, it said on ......
Infrastructure
Etihad Airways' IPO unlikely before 2025
Abu Dhabi's Etihad Airways plans to make its stock market debut no sooner than 2025, two people familiar with the ......
Finance
SPE Capital allies with three others to acquire Egyptian PSU microfinance firm
SPE Capital, an Africa and Middle East-focused private equity firm that backs mid-sized companies, is set to fully ......
TMT
Moroccan royal family's fund to join CDG Invest to bet on European travel-tech company
CDG Invest, the investment arm of Morocco’s state-owned financial institution, Caisse de Dépot et de Gestion (CDG), ......
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