The Carlyle Group has announced it will open its Middle Eastern regional headquarters in Abu Dhabi through a partnership with Abu Dhabi Catalyst Partners, a joint venture between Mubadala Investment Company and Falcon Edge Capital. Read more… Read More
Middle East- and North Africa-focused venture capital fund manager Wamda Capital, Lebanon-focused venture capital firms Phoenician Funds and B&Y have participated in a USD6m Series A funding round for Dubai-based car shopping startup Seez. Read more… Read More
The International Finance Corporation is the lead arranger for a USD125m Islamic financing package to UAE-based private healthcare company Humania. IFC will provide Humania with a USD35m Islamic facility. The remainder of the financing is from the Finnish Fund for Industrial Cooperation Ltd (Finnfund), OPEC Fund for International Development, European… Read More
Middle East and North Africa-focused venture capital fund manager Wamda Capital led a USD3.5m Series A follow-on round for Jordan-based mobile games publisher Tamatem, with participation from Saudi Arabia’s Modern Electronics and the UK’s North Base Media. Read more… Read More
Dutch development finance institution FMO led a USD6m investment in Jordan-based fintech Liwwa, with participation from Wamda Capital, 500 Startups, Edgo VC, and EFG-EV. Read more… Read More
500 Startups, Derayah Venture Fund, and MEVP led a USD5m Series B for Bahrain-based restaurant booking application Eat. Read more… Read More
Saudi Arabia Public Investment Fund subsidiary Sanabil Investments, Gulf Investment Corporation (the partial sovereign wealth fund owned equally by the six Gulf Cooperation Council states), and Olayan Financing Company have invested USD35m in UAE-based online marketplace… Read More
Middle East- and Africa-focused private equity fund manager Gulf Capital led a USD40m Series D for healthcare platform Vezeeta, with participation from existing investor Saudi Technology Ventures. Read more»… Read More
KKR and Altavair AirFinance acquired a portfolio of commercial aircraft from Etihad Airways, the national airline of the United Arab Emirates for USD1b. The acquisition will be made through aircraft leasing investment platform Altitude Aircraft Leasing, which was established by KKR’s credit and infrastructure funds in 2018 to… Read More
VC firms Knollwood and Lumia Capital led a USD60m Series B round in Dubai-based shared kitchen and online food delivery platform Kitopi, with participation from new and existing investors including BECO, CE-Ventures, GIC, Rise Capital, Reshape, Global Ventures, and Wilshire Lane Partners. Read more»… Read More
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