International
Finance
Abu Dhabi's Islamic Bank in talks to acquire stake in leading Indonesian lender
Abu Dhabi's largest Islamic bank is in talks to buy a minority stake valued at around $1.1 billion in Indonesia'......
Finance
Believe it or not: Average mid-stage VC cheques in Africa are bigger than the rest of the World!
Mature startups in Africa recorded the highest median deal value in Series B and C rounds through 2023, compared to ......
Infrastructure
BlackRock, KKR sell stake in ADNOC assets to Abu Dhabi's Lunate
Abu Dhabi investor Lunate said on Wednesday it had bought a 40% stake from private equity firms BlackRock and KKR ......
Finance
Saudi PIF-backed Riyad Bank weighs IPO of investment banking unit
Saudi Arabia's Riyad Bank, the kingdom's third biggest lender by assets, said on Thursday its board was ......
TMT
South Africa's Medu Capital strikes fresh tech bet in the region
Johannesburg-based Medu Capital, one of the most active private equity firms in South Africa, has struck a deal in the ......
TMT
MENA Digest: Travel tech platform Tumodo leads funding activity in region this week
Funding activity in the Middle East and North Africa (MENA) region during the week was led by UAE-based business-to-......
Finance
SPE Capital set to pocket LP cheque for new fund
SPE Capital, an Africa and Middle East-focussed private equity firm managing a portfolio of over 15 companies, is ......
General
Egypt's Hassan Allam roping in offshore equity investor for renewable energy projects
Hassan Allam Utilities (HAU), the investment and development arm of Egypt’s largest company Hassan Allam Holding, is ......
General
Helios taps offshore LP for up to $30 mn commitment for climate fund
Helios Investment Partners, one of the largest private equity firms in Africa that cut short its fundraising program for......
Finance
Ruya Partners' Omar Al Yawer on why private credit is picking up in Middle East and more
Abu Dhabi-based private credit firm Ruya Partners was set up in late 2020 by Rashid Siddiqi and Mirza Beg. Omar Al ......