Middle East
Finance
PGIM opens Abu Dhabi office, joining money managers' rush to UAE capital
PGIM, the investment management arm of U.S. insurer Prudential Financial, has opened an office in Abu Dhabi, it said on ......
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 ......
Finance
SPE Capital allies with three others to acquire Egyptian PSU microfinance firm
SPE Capital, an Africa and Middle East-focused private equity firm that backs mid-sized companies, is set to fully acquire Egypt’s ......
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 ......
Finance
MENA Digest: Deal activity picks up with two big Series A funding
Fintech startups in the Middle East and North Africa region accelerated the dealmaking activity this week led by UAE’s Ziina ......
Finance
Riyadh Valley Company backs venture capital firm in second LP bet this year
Riyadh Valley Company (RVC) has made its second limited partner-style investment this year as it backed a Saudi Arabian venture ......
TMT
Saudi multi-asset investor Artal Capital strikes second bet from maiden PE fund
Artal Capital, a Riyadh-based multi-asset investment firm that manages assets worth over $600 million, has struck a second bet from ......
Finance
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 ......
Manufacturing
Saudi PIF-backed Dussur sells stake in JV to GE Vernova
U.S. power equipment maker GE Vernova said on Monday it has acquired the remaining ownership stake in a Saudi gas turbine producing ......
Consumer
American PE firm TA Associates strikes control deal for GCC school chain
TA Associates, a global growth private equity firm managing a portfolio of over 120 companies across more than 20 countries, ......
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