Middle East
TMT
Accel-backed Jetapult acquires "major" stake in Saudi-based UMX
Gaming startup Jetapult, which is backed by Accel, Fireside and JetSynthesys, Monday said it has acquired a “major” stake in ......
General
New funds generating returns, selecting right GPs critical: Panellists at LP Summit Dubai 2024
Several new private equity and venture capital funds in India are proving their ability to generate returns even as a ......
General
LP Summit Dubai 2024: Space to improve corporate governance in India, say family offices
Dubai-based single-family office KAAF Investments, which is backed by the Kanoo family and has invested in India via seven fund ......
Manufacturing
Indian EV maker Wardwizard to form joint venture in Saudi Arabia
Indian electric vehicle maker Wardwizard Innovations and Mobility announced on Friday it received a letter of intent to form a ......
TMT
Adani-IHC joint venture Sirius Digitech to acquire cloud firm Coredge.io
Sirius Digitech Ltd, a joint venture between billionaire Gautam Adani-led Adani Group and Abu Dhabi-based International Holding Company (IHC) unit ......
TMT
Crypto exchange CoinDCX acquires Dubai's BitOasis
India-based crypto exchange CoinDCX has acquired Middle East-focused crypto platform BitOasis, the two companies said in a joint statement on ......
Infrastructure
Vedanta in talks with IHC unit, investors for Zambian copper stake sale
International Resources Holding (IRH), the mining investment arm of United Arab Emirates' richest company, is among investors holding talks on buying ......
Finance
ADIA teams up with Advent International to buy into US money manager
Fisher Investments on Sunday said U.S.-based private equity firm Advent International and a unit of the Abu Dhabi Investment Authority ......
Finance
Edmond de Rothschild to open Saudi office, launch debt platform
Edmond de Rothschild Group, a specialist in asset management and private banking, is set to open an office in Saudi ......
Infrastructure
CleanMax owner Brookfield targets $5 bn for climate fund backed by UAE's Alterra
Canada's Brookfield Asset Management Inc., an active investor in India’s renewable energy, infrastructure and real estate sectors, aims to raise ......