UAE
Infrastructure
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 ......
Finance
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 ......
TMT
Gulf Digest: Saudi startup co-founded by ex-Zomato exec, SaaS firm Blink get funding
Saudi tech startups Omniful and Blink led dealmaking in the Middle East region in the first week of December. Both ......
Finance
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 ......
TMT
Gulf Digest: Flow48, Immensa, four others amass over $75 mn in funding
The UAE-based fintech startup Flow48 grabbed the biggest funding cheque in the Middle East this week while two other companies ......
Finance
Saudi PIF-backed Jada makes first LP bet on private credit fund
Saudi Arabia’s Public Investment Fund (PIF)-backed Jada Fund of Funds has made its first limited partner-style investment in a private ......
TMT
Gulf Digest: Modus Capital backs eight startups; Anghami, PureHealth in M&A deals
Dealmaking in the Middle East during the week was marked by key mergers and acquisitions. The UAE-based online streaming platform ......
Finance
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, ......
Finance
Chimera-owned Lunate, BNY Mellon set up wealth-tech firm Alpheya
Chimera Investments-owned alternative investment manager Lunate and US bank BNY Mellon are investing in Alpheya, a wealth technology company based ......
TMT
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 ......