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Ruya Partners aims final close of $250 mn private credit fund by December-end

Finance

05 November, 2024

Ruya Partners aims final close of $250 mn private credit fund by December-end

Ruya Partners, the Gulf region’s first partner-owned private credit firm, is eyeing a final close of its $250-million target fund ......

Middle Eastern consumer chain Lulu Retail seeks to raise $1.4 bn via IPO

Consumer

28 October, 2024

Middle Eastern consumer chain Lulu Retail seeks to raise $1.4 bn via IPO

Lulu Retail Holdings, which runs one of the Middle East's biggest hypermarket chains, said on Monday it aims to raise ......

Dubai and Abu Dhabi race to lure world's wealth managers

Finance

24 October, 2024

Dubai and Abu Dhabi race to lure world's wealth managers

Abu Dhabi is emerging from Dubai's shadow as it attracts its own share of asset managers' and billionaires wealth, helping ......

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MENA Digest: Global Ventures-backed Abhi leads fundraising this week

General

18 October, 2024

MENA Digest: Global Ventures-backed Abhi leads fundraising this week

Abhi, a UAE-based fintech startup, which is backed by Global Ventures and VentureSouq, led fundraising activity in the Middle East ......

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LP Summit Dubai 2024: UAE's institutional LPs keen on Sharia-based credit financing

Finance

01 October, 2024

LP Summit Dubai 2024: UAE's institutional LPs keen on Sharia-based credit financing

Institutional limited partners operating in the United Arab Emirates, including endowment funds, family office investors and banks have an inclination to ......

Abu Dhabi National Hotels to sell 40% in catering business unit via IPO

Consumer

30 September, 2024

Abu Dhabi National Hotels to sell 40% in catering business unit via IPO

Abu Dhabi National Hotels (ADNH) is selling a 40% stake in its catering business through an initial public offering on ......

General Atlantic planning to open office in Abu Dhabi

Finance

23 September, 2024

General Atlantic planning to open office in Abu Dhabi

General Atlantic plans to open an Abu Dhabi office by the end of the year and move a dealmaker from ......

MENA Digest: Fintechs lead fundraising this week; VC investment falls in August

TMT

13 September, 2024

MENA Digest: Fintechs lead fundraising this week; VC investment falls in August

Venture capital funding activity in the Middle East and North Africa (MENA) region was led by fintech startups this week. ......

Etihad Airways' IPO unlikely before 2025

Infrastructure

12 September, 2024

Etihad Airways' IPO unlikely before 2025

Abu Dhabi's Etihad Airways plans to make its stock market debut no sooner than 2025, two people familiar with the ......

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Gulf Capital partially exits bolt-on acquisition after eight years

Infrastructure

10 September, 2024

Gulf Capital partially exits bolt-on acquisition after eight years

Gulf Capital, a UAE-based private equity firm that manages over $2.4 billion in assets, partially monetised one of its bolt-on ......