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Brookfield to acquire majority stake in GII's 1.5-mn-sq-ft logistics portfolio

Infrastructure

03 May, 2024

Brookfield to acquire majority stake in GII's 1.5-mn-sq-ft logistics portfolio

Canadian alternative investment firm Brookfield Asset Management will  acquire a controlling stake in UAE-based Gulf Islamic Investments' logistics real estate platform ......

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MENA Digest: Travel tech platform Tumodo leads funding activity in region this week

TMT

19 January, 2024

MENA Digest: Travel tech platform Tumodo leads funding activity in region this week

Funding activity in the Middle East and North Africa (MENA) region during the week was led by UAE-based business-to-business travel ......

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Ruya Partners' Omar Al Yawer on why private credit is picking up in Middle East and more

Finance

13 December, 2023

Ruya Partners' Omar Al Yawer on why private credit is picking up in Middle East and more

Abu Dhabi-based private credit firm Ruya Partners was set up in late 2020 by Rashid Siddiqi and Mirza Beg. Omar Al Yawer joined ......

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Ruya Partners hits halfway mark for debut private credit fund, eyes final close

Finance

04 December, 2023

Ruya Partners hits halfway mark for debut private credit fund, eyes final close

Abu Dhabi-based Ruya Partners aims to make a final close of its maiden private credit fund by the second quarter ......

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Dubai's NB Ventures floating VC fund with India partner after making LP, direct bets

Finance

24 November, 2023

Dubai's NB Ventures floating VC fund with India partner after making LP, direct bets

Dubai-based venture capital firm NB Ventures, which makes direct bets on growth-stage startups as well as limited partner-style investments in other VC funds, ......

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How Aster DM Healthcare's India and Gulf ops stack up as it looks to sell GCC biz

Healthcare

16 November, 2023

How Aster DM Healthcare's India and Gulf ops stack up as it looks to sell GCC biz

Mumbai-listed healthcare services provider Aster DM Healthcare Ltd has been working to separate its India and Gulf operations since late ......

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How Vaibhav Kashyap went from fighting obesity to founding a wellness insurance startup

TMT

14 November, 2023

How Vaibhav Kashyap went from fighting obesity to founding a wellness insurance startup

Vaibhav Kashyap weighed 96 kg in ninth grade. “I ate a lot and moved very little,” he says. But that ......

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Aim to back Asian firms eyeing Middle East expansion from new fund: Gulf Capital CEO

Finance

09 November, 2023

Aim to back Asian firms eyeing Middle East expansion from new fund: Gulf Capital CEO

The UAE-based private equity firm Gulf Capital is set to roll out its fourth fund that it expects will have ......

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Gulf Capital ups fourth fund size, eyes region's largest growth buyout vehicle

Finance

27 October, 2023

Gulf Capital ups fourth fund size, eyes region's largest growth buyout vehicle

Abu Dhabi-based Gulf Capital has increased the target size of its planned fourth private equity fund to be deployed across ......

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Gulf Islamic Investments scores an exit from India-related transaction

Consumer

25 October, 2023

Gulf Islamic Investments scores an exit from India-related transaction

The UAE-based Gulf Islamic Investments (GII), which manages more than $3 billion in private equity, venture capital, and real estate asset classes, has ......