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Moroccan investment firm CDG Invest to bet on electronics retailer

Consumer

08 July, 2024

Moroccan investment firm CDG Invest to bet on electronics retailer

CDG Invest Growth, the private equity investment arm of state-owned Moroccan financial institution Caisse de Dépot et ......

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In Charts: How Middle East PE-VC dealmaking fared in H1 2024

Finance

08 July, 2024

In Charts: How Middle East PE-VC dealmaking fared in H1 2024

The number of private equity and venture capital deals in the Middle East region fell by almost a fourth in ......

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MENA Digest: Voice technology startup Intella,  edutech firms Jeel, El Kheta raise funds

TMT

05 July, 2024

MENA Digest: Voice technology startup Intella, edutech firms Jeel, El Kheta raise funds

Egyptian voice technology startup Intella led funding activity in the Middle East and North Africa (MENA) region during ......

Oman's Asyad plans shipping unit's IPO, hires advisers

Infrastructure

05 July, 2024

Oman's Asyad plans shipping unit's IPO, hires advisers

Oman's state-owned logistics firm Asyad Group is planning an initial public offering (IPO) of its subsidiary Asyad ......

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Lebanese VC Globivest's Jasmine Busson on new fund, healthcare focus and more

Finance

04 July, 2024

Lebanese VC Globivest's Jasmine Busson on new fund, healthcare focus and more

Lebanese women-led venture capital firm Globivest is chugging fast towards the final close of its second fund, a top ......

Aramco, ADNOC reportedly weighing bids for Australia's Santos, analysts sceptical

Infrastructure

04 July, 2024

Aramco, ADNOC reportedly weighing bids for Australia's Santos, analysts sceptical

Saudi Aramco and Abu Dhabi National Oil Company (ADNOC) have been separately considering bids for Santos, Bloomberg News......

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BitOasis backer Wamda Capital joins CoinDCX cap table as common investor Pantera stays put

TMT

03 July, 2024

BitOasis backer Wamda Capital joins CoinDCX cap table as common investor Pantera stays put

UAE-based venture capital firm Wamda Capital, an early investor of BitOasis, has joined the cap table of Indian digital assets ......

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Mauritius PE firm Inside Capital marks first close of second fund

Finance

03 July, 2024

Mauritius PE firm Inside Capital marks first close of second fund

Inside Capital Partners, a Mauritius-based private equity firm that backs growth-stage small and medium enterprises ......

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QIA-backed Kasada set to pick its third hotel property in South Africa

Infrastructure

02 July, 2024

QIA-backed Kasada set to pick its third hotel property in South Africa

Johannesburg-based hospitality-focused private equity firm Kasada Capital Management, which is backed by sovereign ......

Saudi sovereign wealth fund swings to $36.8 bn profit in 2023

Finance

02 July, 2024

Saudi sovereign wealth fund swings to $36.8 bn profit in 2023

Saudi Arabia's sovereign wealth fund PIF swung to a profit of 138.1 billion riyals ($36.81 billion) in 2023, it ......

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