Middle East
Finance
Saudi PIF-backed Jada commits capital to healthcare-focused PE fund
Saudi Arabia’s Public Investment Fund (PIF)-backed Jada Fund-of-Funds has struck its third limited partner style bet this year, backing a ......
Consumer
UAE's Alef Education seeks to raise up to $515 mn in IPO
Educational technology provider Alef Education plans to raise as much as $515 million in its initial public offering (IPO) on ......
Finance
Gulf Capital aims first close of latest PE fund soon
UAE-based private equity firm Gulf Capital is aiming for the first close of its soon-to-be-launched fourth investment vehicle, estimated to ......
Manufacturing
Saudi Arabia plans $10-bn Aramco share sale
Saudi Arabia is planning a multi-billion-dollar share sale in energy giant Aramco as soon as June in what would be ......
TMT
MENA Digest: Egyptian startup OneOrder, Saudi SaaS firm Merit lead funding
Dealmaking in the Middle East and North Africa region during the week was propelled by high-value, growth-stage fundraises by tech-led ......
TMT
Microsoft's UAE deal could transfer key US chips and AI technology abroad
Microsoft President Brad Smith said the tech company's high profile deal with the United Arab Emirates-backed AI firm G42 could ......
Consumer
Esas Private Equity acquires Turkish cosmetics brand with co-investors
Esas Private Equity, the PE arm of Turkey’s largest family-owned investment firm Esas Holding, has acquired a leading Turkish cosmetics ......
Infrastructure
PAG raises $550 mn for Asia renewable energy fund from Mubadala, other investors
Asia-Pacific investment firm PAG said on Monday it had raised $550 million for its first renewable energy fund, which focuses ......
Finance
Singapore VC firm Golden Gate Ventures rolls out $100-mn MENA fund
Golden Gate Ventures, a Singapore-based early-stage venture capital firm that manages assets worth $250 million across three continents, has launched ......
TMT
MENA Digest: WheeKeep, Airwater, Lune raise funding; Beco Capital gets an exit
Funding activity in the Middle East and North Africa region during the week was led by a slew of UAE ......