International
TMT
PE firm Turkven acquires cloud services provider in third bet of 2024
Turkven, a Turkish private equity firm that backs mid-sized companies and manages assets worth over $2 billion, has acquired a ......
Finance
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 ......
Finance
Saudi PIF to be anchor investor in Brookfield's $2 bn Middle East fund
Saudi Arabia's Public Investment Fund (PIF) will be an anchor investor in Brookfield Asset Management's new $2 billion Middle East-focused private fund, ......
Finance
Artal Capital CEO on key sectors for maiden PE fund, deals, Saudi IPO market, and more
Riyadh-based multi-asset investment firm Artal Capital, which manages assets worth $600 million, is eyeing deals in tech-based companies in six ......
Finance
Saudi Arabian wealth fund PIF to cut overseas investments
Saudi Arabia's sovereign wealth fund plans to cut its overseas investments by about a third, its governor told a conference ......
Finance
Gulf Islamic Investments raises additional capital to strike deals in GCC region
UAE-based Gulf Islamic Investments (GII), which manages assets under management of over $4.5 billion across private equity, venture capital and real ......
Manufacturing
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 ......
Finance
Mubadala ties up with Temasek unit Seviora for co-investments
Mubadala Investment Company's Mubadala Capital and Seviora Holdings, a unit of Singapore state investor Temasek, are forming a partnership to ......
Finance
DPI strikes ninth bet from one of largest PE funds of Africa
Africa-focused private equity firm Development Partners International (DPI), which manages assets and co-investments worth over $3 billion across three investment ......
Consumer
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 ......