October 2, 2019 (Dubai) The National has reported that Beco Capital, a Dubai-based venture capital firm, raised $100 million through its second fund, which thanks to investor appetite for start-ups, the fund oversubscribed its initial target by $20 million. The…
October 2, 2019 (Abu Dhabi) A recent article on Gulf Business reported that Abu Dhabi based sovereign wealth fund, the Abu Dhabi Investment Authority (ADIA) is allocating more money to direct investments and stepping up its deal-making with buyout firms.…
September 27, 2019 (Qatar) A recent article on IPE Real Assets reported that an unlisted fund jointly controlled by Singapore-based The Ascott and the Qatar Investment Authority (QIA), is investing A$202 million in a 48-storey integrated development, which will include…
September 26, 2019 (Riyadh) According to an article published on VCCiRCLE, sources have stated that Saudi Aramco has approached a number of sovereign wealth funds based in the Gulf and Asia to invest in the domestic leg of the oil…
September 21, 2019 (Qatar) A recent article on I Love Qatar.net reported that the CEO of the Qatar Investment Authority (QIA) has affirmed QIA’s long-term commitment to the UK through a continuous and diversified investment strategy. QIA has built a…
September 20, 2019 (Qatar) According to an article published on Business Today, the Qatar Investment Authority (QIA) is looking to purchase a 20% - 25% minority stake in Adani Electricity Mumbai Limited (AEML) for up to $425 million - $575…
September 13, 2019 (Kuwait) Pensions&Invetsments has reported that the Kuwait Investment Authority (KIA), along with AP3 and Stockholm, has joined three other sovereign wealth funds in Capital Constellation with commitments totaling $300 million. Originally launched in 2018, the joint venture…
September 10, 2019 (Jeddah) According to an article published on Trade Arabia, Alkhabeer Capital has successfully exited Alkhabeer Land Development Fund II (ALDF II) and achieved a 44.6% in net cumulative returns. ALDF II was a $231 million Shariah-compliant closed-ended…
September 6, 2019 (Abu Dhabi) According to an article published on Reuters, Abu Dhabi is betting big on technology and innovation that are central to the emirate’s economic diversification strategy. Accordingly, Mubadala is expected to invest in Vision Fund 2 in…
September 2, 2019 (Dubai) Reuters has reported that Saudi Arabia has named Yasir al-Rumayyan, head of The Public Investment Fund of Saudi Arabia (PIF), as chairman of Aramco, replacing Energy Minister Khalid al-Falih, as the state oil giant prepares to…