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Abu Dhabi's ADQ plans to launch takeover of Aramex, boost logistics portfolio

Infrastructure

13 January, 2025

Abu Dhabi's ADQ plans to launch takeover of Aramex, boost logistics portfolio

Abu Dhabi sovereign wealth fund ADQ plans to launch a takeover offer for Aramex, bidding for the shares it does ......

MENA Digest: Zension, Revie, MilkStraw AI, Vreal raise funding

TMT

10 January, 2025

MENA Digest: Zension, Revie, MilkStraw AI, Vreal raise funding

The year 2025 began with at least three Saudi Arabian startups bucking the venture capital funding activity in the ......

DAMAC chairman vows to invest $20 bn in US data centers

TMT

08 January, 2025

DAMAC chairman vows to invest $20 bn in US data centers

Emirati billionaire Hussain Sajwani promised a $20 billion investment in the booming U.S. data center industry in the ......

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UAE's Key Capital eyes first close of debut secondaries fund, builds deal pipeline

Finance

17 December, 2024

UAE's Key Capital eyes first close of debut secondaries fund, builds deal pipeline

Key Capital, a UAE-based investment firm focused on secondaries transactions, is raising its debut fund and is aiming to......

BP, ADNOC's XRG agree Egypt gas JV Arcius Energy

Consumer

16 December, 2024

BP, ADNOC's XRG agree Egypt gas JV Arcius Energy

BP and Abu Dhabi National Oil Company's international investments arm XRG said on Monday they have closed a deal for......

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UAE conglomerate Al Nowais' arm to get another backer for Egypt solar project

Infrastructure

13 December, 2024

UAE conglomerate Al Nowais' arm to get another backer for Egypt solar project

AMEA Power, the clean energy arm of the UAE-based conglomerate Al Nowais Investments, is set to secure an investment ......

MENA Digest: UAE's Wafeq, BioSapien get biggest funding cheques this week

TMT

13 December, 2024

MENA Digest: UAE's Wafeq, BioSapien get biggest funding cheques this week

The UAE-based startups led the funding activity in the Middle East and North Africa region this week with fintech ......

UAE president names Blackstone's Gray, others to board of ADNOC investment arm XRG

Finance

12 December, 2024

UAE president names Blackstone's Gray, others to board of ADNOC investment arm XRG

United Arab Emirates President Sheikh Mohamed bin Zayed Al Nahyan approved a board of directors for XRG, state oil giant......

Carlyle's AlpInvest, Mubadala team up to provide debt financing to PE firms

Finance

12 December, 2024

Carlyle's AlpInvest, Mubadala team up to provide debt financing to PE firms

AlpInvest Partners, the secondary investments unit of buyout firm Carlyle Group, and Abu Dhabi's Mubadala Investment......

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Former Indian cricketer sets up sports-focused VC fund in Abu Dhabi

Finance

10 December, 2024

Former Indian cricketer sets up sports-focused VC fund in Abu Dhabi

A former Indian cricketer, who played all formats of theĀ game in an international career spanning more than a decade, ......

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