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Mauritian PE Adenia closes buyout of Air Liquide Africa assets, rebrands business

Manufacturing

24 July, 2024

Mauritian PE Adenia closes buyout of Air Liquide Africa assets, rebrands business

Mauritius-based private equity firm Adenia Partners, which announced the acquisition of French multinational Air Liquide......

Saudi sovereign wealth fund PIF appoints new head of investment strategy

Finance

24 July, 2024

Saudi sovereign wealth fund PIF appoints new head of investment strategy

Saudi Arabia's sovereign wealth fund, which manages around $925 billion, has appointed a new head of its investment ......

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Jordan's ISSF raises LP-style bet on early-stage VC fund

TMT

22 July, 2024

Jordan's ISSF raises LP-style bet on early-stage VC fund

Jordan’s Innovative Startups and Small and Medium Enterprises Fund (ISSF) made a limited partner-style follow-on ......

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Egyptian fintech unicorn MNT-Halan raises funds from marquee investors

Finance

22 July, 2024

Egyptian fintech unicorn MNT-Halan raises funds from marquee investors

Chimera-backed MNT-Halan, Egypt's first unicorn and its largest fintech platform, has secured additional funding ......

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South African PE firm Metier closes latest fund, tops target

Finance

19 July, 2024

South African PE firm Metier closes latest fund, tops target

Metier, an Africa-focused private equity firm that backs mid-market companies in Sub-Saharan Africa, has marked the ......

MENA Digest: Web3 startup Sentient Labs, Omani firm pocket fat cheques

TMT

19 July, 2024

MENA Digest: Web3 startup Sentient Labs, Omani firm pocket fat cheques

Dealmaking activity in the Middle East and North Africa (MENA) region was led by two big-ticket early-stage funding ......

Standard Chartered boosts private bank team in UAE, Singapore, Hong Kong

Finance

18 July, 2024

Standard Chartered boosts private bank team in UAE, Singapore, Hong Kong

Standard Chartered has hired more than a dozen new bankers to its private banking teams in Singapore, Hong Kong and ......

Alpha Dhabi Holding unit forms $680 mn JV with US vertical farming startup Plenty

Consumer

18 July, 2024

Alpha Dhabi Holding unit forms $680 mn JV with US vertical farming startup Plenty

U.S. vertical farming startup Plenty is forming a joint venture with Mawarid, a subsidiary of Alpha Dhabi Holding, in a......

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Alpha Dhabi Holding to sell stake in oilfield services firm to JV with ADNOC Drilling

Infrastructure

17 July, 2024

Alpha Dhabi Holding to sell stake in oilfield services firm to JV with ADNOC Drilling

Alpha Dhabi Holding, a unit of Abu Dhabi’s International Holding Company (IHC), will transfer its controlling stake in......

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In Charts: Check out the most active investors in the Middle East in H1 2024

General

17 July, 2024

In Charts: Check out the most active investors in the Middle East in H1 2024

Antler, a Singapore-based early-stage venture capital firm, which manages assets worth $4.7 billion across 25 countries......

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