MENA-focused alternative investment manager Investcorp has acquired a stake in Saudi Arabia-based Al Borg Medical Laboratories, a private medical laboratory chain operating across eight countries in the Persian Gulf region and Africa. With Investcorp’s support, Al Borg Medical Laboratories will further expand in Saudi Arabia and across the region. Financial… Read More
Investment and advisory companies Delta Partners Capital and SEQ Capital Partners have led an investment round in United Arab Emirates-based on-demand video streaming service STARZ Play. The company will use the funds to launch new content offerings and expand its partnerships across the MENA region. Financial details of the transaction… Read More
Middle East-focused alternative investment firm Gulf Capital has acquired a controlling stake in Sporter.com, an online retailer of sports and nutrition supplements operating primarily in Gulf Cooperation Council (GCC) countries. The company will use the investment the enter new markets and further expand its portfolio of businesses. Financial details of… Read More
Asset management and investment banking firm Alkhabeer Capital has acquired a majority stake in Saudi Arabia-based K-12 education provider the Rihab Al-Maarifa Company. The company plans to use the investment to improve efficiency and implement new programs in order to strengthen its position in the Saudi Arabian education market. Financial… Read More
Samena Capital, a principal investment group focused on the Indian subcontinent, the Middle East and North Africa, has led a Series B investment round for Lebanon-based music streaming platform Anghami. United Arab Emirates-based telecommunications service provider du also participated in the round and signed a commercial agreement to bundle the… Read More
The Fall 2016 Bulletin focuses on regulatory changes, which impact and will be of interest to practitioners in the emerging market private capital investment community. Of note are changes to ways in which private equity investment is regulated in Brazil, an overview of potential shareholder and director liability in troubled… Read More
By Nabil Issa and Osama Audi, King & Spalding In this article King & Spalding set out some of the common issues faced by parties, particularly PE and VC investors, purchasing Middle East-based companies in the popular healthcare, education and food and beverage sectors with a focus on companies in… Read More
By Matthew Griffin, White & Case In the past, managers encountering issues realising value to investors within the terms of their funds were left with few options. The maturing of the secondary market increasingly provides managers with the opportunity to obtain capital to restructure and reorganise their funds and management… Read More
This brief draws upon engagement with the EMPEA Energy & Infrastructure Council. Members of the Council recognize both the importance and nuanced nature ESG issues have in infrastructure investing in emerging markets. This brief is designed to help articulate those nuances and help support practitioners understanding of ESG in the… Read More
United Arab Emirates-based online travel agency HolidayMe has raised a US$7 million Series A Round from global venture capital firm Accel Partners and Saudi Arabia-based investors F&C Overseas Investment and Al Sanie Group. HolidayMe plans to use the new capital to further scale its technology, accelerate customer growth, make key… Read More
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