International
Finance
Africa-focused ALCB Fund onboards European DFI
ALCB Fund, an Africa-focused debt investment vehicle, is set to secure commitment from a European institutional investor......
TMT
MENA Digest: Funding momentum led by two realty, construction-focused UAE startups
UAE tech-based startups, Tenderd and Stake, led funding activity in the Middle East and North Africa (MENA) region over ......
Infrastructure
UAE renewables company Masdar to buy Greece's Terna Energy
United Arab Emirates renewable energy company Masdar said on Thursday it has reached an agreement to buy an initial 67% ......
Consumer
Brookfield leads investment in Dubai's GEMS Education as CVC cuts stake
A consortium led by Brookfield Asset Management has agreed to invest in Dubai-based international education provider ......
Finance
SPE Capital hits first close for its $350 mn North Africa PE fund
SPE Capital, an Africa and Middle East-focused private equity firm managing a portfolio of over 15 companies, has hit ......
Manufacturing
Shell to acquire Singapore's Pavilion Energy from Temasek
Shell has agreed to buy Singaporean liquefied natural gas (LNG) company Pavilion Energy from global investment company ......
Finance
Aramco boasts a $31 bn dividend despite decline in earnings growth
Saudi Arabian state-owned oil giant Aramco expects to pay $31 billion in dividends to the Saudi government and its ......
Infrastructure
Brookfield to acquire majority stake in GII's 1.5-mn-sq-ft logistics portfolio
Canadian alternative investment firm Brookfield Asset Management will acquire a controlling stake in UAE-based Gulf ......
Healthcare
Saudi Arabia's healthcare group Fakeeh Care announces IPO
Saudi Arabia's Fakeeh Care Group, one of the largest private hospital groups in the kingdom, said on Wednesday it ......
Finance
Investcorp floats $1 bn fund for China, Gulf bets; Chinese CIC to be anchor investor
Alternative investment company Investcorp has launched a $1 billion fund backed by China's sovereign wealth fund CIC......
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