Abu Dhabi
Finance
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 ......
TMT
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. ......
Infrastructure
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 ......
Infrastructure
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 ......
Manufacturing
Abu Dhabi's ADNOC to buy minority stake in ExxonMobil's Texas project
Abu Dhabi National Oil Company (ADNOC) will acquire a 35% equity stake in ExxonMobil Corp's proposed low-carbon hydrogen project in ......
TMT
MENA Digest: UAE startups lead fundraising activity this week
UAE-based startups led fundraising activity in the Middle East and North Africa region this week, securing early-stage investments. While Web3 ......
Others
ADQ to pick up stake in auction house Sotheby's
Abu Dhabi wealth fund ADQ and Sotheby's majority owner Patrick Drahi will invest $1 billion in the auction house in ......
Consumer
SVC, Jada-backed PE firm acquire stake in Saudi edtech company
Saudi Venture Capital (SVC)-backed private equity firm Olive Rock Partners has acquired a strategic stake in a leading Saudi Arabian ......
TMT
MENA Digest: Connect Money leads fundraising; Smpl Holdings sets up VC fund
Egyptian fintech startup Connect Money led funding activities in the Middle East and North Africa region this week. It raised $8 ......
Infrastructure
ADNOC gets access to German firm Covestro's books after $12.5-bn takeover offer
German chemicals firm Covestro is giving ADNOC access to its books and stepping up talks based on an improved 11.7 ......
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