International
People
BlackRock appoints MD for UAE, Oman, Bahrain
BlackRock on Monday said it hired Mohammad Al Fahim as managing director and head of the United Arab Emirates to ......
Finance
Path to profitability key in Egyptian VC Beltone's deployment strategy
Egypt-based Beltone Venture Capital (BVC), which is a subsidiary of Beltone Holding and is currently deploying capital from two investment ......
TMT
MENA Digest: Agritech startups iyris, YoLa Fresh bag big cheques
The Middle East and North Africa (MENA) region saw a slew of growth-stage startup funding deals this week, led by ......
Manufacturing
Adenia Partners hits exit button on second-last bet from third fund
Mauritius-based private equity firm Adenia Partners, focused on mid-sized businesses across Africa, marked its seventh and the penultimate exit from ......
Finance
DFDF to widen investor base in three-phase expansion strategy
Dubai Future District Fund, the region’s first evergreen venture capital fund-of-funds, launched with an initial corpus of $200 million from ......
Consumer
Dubai party hotel operator FIVE Holdings taps banks for IPO next year
Dubai-based party hotel operator FIVE Holdings Ltd is working with banks on a planned initial public offering next year, people ......
TMT
Infra.Market raises fresh capital to expand in MENA region
Mars Growth Capital, a joint venture of Japan's Mitsubishi UFJ Financial Group’s banking subsidiary MUFG Bank and Israel-based Fintech Liquidity ......
Consumer
UAE's Alef Education seeks to raise up to $515 mn in IPO
Educational technology provider Alef Education plans to raise as much as $515 million in its initial public offering (IPO) on ......
Finance
Gulf Capital aims first close of latest PE fund soon
UAE-based private equity firm Gulf Capital is aiming for the first close of its soon-to-be-launched fourth investment vehicle, estimated to ......
Consumer
SPE Capital returns to pick up a stake in Moroccan FMCG firm
SPE Capital, an Africa- and Middle East-focused private equity firm that invests in mid-sized companies, is set to re-acquire a ......