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Abu Dhabi's CYVN Holdings inks non-binding deal to buy McLaren's automotive business

Manufacturing

29 October, 2024

Abu Dhabi's CYVN Holdings inks non-binding deal to buy McLaren's automotive business

Abu Dhabi-based investment vehicle CYVN Holdings has entered a non-binding agreement to buy 100% of carmaker McLaren's automotive business from ......

BNP Paribas rethinks Middle East HQ as it cuts headcount in Bahrain

Finance

16 October, 2024

BNP Paribas rethinks Middle East HQ as it cuts headcount in Bahrain

BNP Paribas is planning to reduce headcount in Bahrain and scrap Manama as its Middle East and Africa head office, ......

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Investcorp rejigs top deck, names Rishi Kapoor vice chairman as co-CEO quits

Finance

03 September, 2024

Investcorp rejigs top deck, names Rishi Kapoor vice chairman as co-CEO quits

Bahrain-based alternative investment firm Investcorp has overhauled its top management and reorganized its global investment activities under three broad verticals ......

BlackRock appoints MD for UAE, Oman, Bahrain

People

10 June, 2024

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 ......

Bahrain's Investcorp to acquire NSE's digital arm for $120 mn

TMT

29 April, 2024

Bahrain's Investcorp to acquire NSE's digital arm for $120 mn

Bahrain-based private equity and real estate investor Investcorp has entered into an agreement to acquire NSEIT, the digital technology business subsidiary ......

MENA Digest: Bahrain's Daleel, Oman's Mubashir raise funding

TMT

05 April, 2024

MENA Digest: Bahrain's Daleel, Oman's Mubashir raise funding

Dealmaking activity in the Middle East and North Africa region remained muted this week amid Ramadan. The handful of startups ......

MENA Digest: Startups strike early-stage deals but overall activity slows

TMT

22 March, 2024

MENA Digest: Startups strike early-stage deals but overall activity slows

Early-stage funding deals drove dealmaking in the Middle East and North Africa region, even though overall activity slowed down due ......

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Not focusing on office assets in India, to grow warehousing biz: Investcorp's Sharma

Finance

01 March, 2024

Not focusing on office assets in India, to grow warehousing biz: Investcorp's Sharma

Bahrain-based alternative asset manager Investcorp, one of the most active private equity-style investors in India last year, aims to build ......

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Mubadala-backed Investcorp set to float another India real estate fund

Infrastructure

21 February, 2024

Mubadala-backed Investcorp set to float another India real estate fund

Bahrain-basesd alternative asset manager Investcorp, which manages assets worth $1 billion (Rs 8,300 crore) in India, is set to launch ......

Investcorp unveils $750-mn climate fund, gets Bahrain SWF Mumtalakat as anchor

Finance

01 December, 2023

Investcorp unveils $750-mn climate fund, gets Bahrain SWF Mumtalakat as anchor

Bahrain-based alternative asset manager Investcorp is launching a $750 million climate fund, anchored by sovereign wealth fund Mumtalakat. The fund, Climate ......