International
TMT
Turkish PE Pragma acquires minority stake in cyber intelligence firm
Pragma Capital Partners, the private equity arm of Turkey’s investment banking company Pragma that backs tech and industrial companies, has acquired a ......
TMT
VC firm MEVP marks second full exit from Fund II, DPI reaches 118%
Gulf-focused venture capital firm Middle East Venture Partners (MEVP), which invests in early and growth-stage tech startups and is currently ......
TMT
Saudi wealth fund PIF raises $1 bn from STC stake sale
Saudi Arabia's sovereign wealth fund PIF has raised 3.86 billion riyals ($1.03 billion) from selling a 2% stake in telecoms firm ......
Finance
Africa-focused French impact investor I&P set to onboard returning LP for new fund
Investisseurs & Partneraires (I&P), an Africa-focused impact investment firm that backs high-growth small and medium-sized enterprises (SMEs) and startups in ......
People
Long-time CEO of NEOM goes as Saudi Arabia scales back mega-projects
Nadhmi al-Nasr, the long-time chief executive of the $500 billion NEOM mega-project at the heart of Saudi Arabia's drive to ......
Consumer
Private credit firm Ruya Partners strikes fourth bet from debut fund
Ruya Partners, an Abu Dhabi-based private credit firm that is raising its $250-million target debut fund, has struck its fourth ......
People
Qatar's emir appoints Mohammed Al Sowaidi as new CEO of wealth fund QIA
Qatar's emir on Tuesday appointed Mohammed Al Sowaidi as CEO of the Qatar Investment Authority (QIA), according to a statement issued by ......
Finance
Former Investcorp executive floats own asset management firm
Mubadala-backed alternative investment firm Investcorp’s former top executive has rolled out an asset management firm that will deploy capital in ......
Infrastructure
Mubadala prepares for sale of Brazil iron-ore mines
Mubadala Capital said on Monday it has an ongoing internal process to ready the sale of Brazil's Porto Sudeste, an ......
TMT
Delivery Hero to list Talabat business in Dubai in December
Talabat, the Middle East business of Delivery Hero, will list on the Dubai Stock Exchange in mid-December, floating 15% of ......
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