Middle East

UAE renewables company Masdar to buy Greece's Terna Energy

Infrastructure

21 June, 2024

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

19 June, 2024

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 ......

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Infrastructure

03 May, 2024

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 ......

Infrastructure

04 April, 2024

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

04 April, 2024

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 ......

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TMT

19 January, 2024

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-......

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Finance

13 December, 2023

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 ......

TMT

08 December, 2023

Gulf Digest: Saudi startup co-founded by ex-Zomato exec, SaaS firm Blink get funding

Saudi tech startups Omniful and Blink led dealmaking in the Middle East region in the first week of December. Both ......

Premium

Finance

04 December, 2023

Ruya Partners hits halfway mark for debut private credit fund, eyes final close

Abu Dhabi-based Ruya Partners aims to make a final close of its maiden private credit fund by the second quarter ......

TMT

01 December, 2023

Gulf Digest: Flow48, Immensa, four others amass over $75 mn in funding

The UAE-based fintech startup Flow48 grabbed the biggest funding cheque in the Middle East this week while two other ......

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