#fund

Investment firm Ardian raises $3.2bn for sixth co-investment fund

Investment firm Ardian raises $3.2bn for sixth co-investment fund

The new fund attracted 188 investors from Europe, the Americas, the Middle East and Asia

ADQ, QIA to boost tech driven companies and economy through the Jasoor Fund

UAE-Oman: ADQ, QIA launch $180m tech-focused fund

In 2022, ADQ and OIA identified investment opportunities worth over $bn in key sectors of Oman’s economy

Abu Dhabi Catalyst Partners makes a strategic investment in MEASA Partners Image creit Abu Dhabi Catalyst Partners

Abu Dhabi Catalyst Partners announces investment in MEASA Partners

Abu Dhabi Catalyst Partners is a joint venture between Mubadala Capital and Alpha Wave Global

Zayed Naional Museum announces Dhs1m fund to support reseacrh into UAE culture Image DCT Abu Dhabi Zayed National Museum

New Dhs1m research fund launched, supports study of UAE history, culture

Applications will be reviewed by a panel compromising representatives from Zayed National Museum and the Department of Culture and Tourism – Abu Dhabi

Aramco’s venture capital arm expands investment fund to $500m

Aramco’s venture capital arm expands investment fund to $500m

Aramco has allocated $300m in additional funds to Wa’ed Ventures

Abu Dhabi

Abu Dhabi expects IPO boom to continue, with 11 deals next year

Listings in the Middle East have seen strong investor interest

Investcorp, Fung Capital to start $500m Greater Bay fund

The fund will mainly focus on buyouts of firms in or close to the region that spans the Chinese cities of Hong Kong and Macau

First Abu Dhabi Bank

First Abu Dhabi Bank launches multiple-thematic fund

Investors will be able to access multiple investment themes focused on innovation and long-term growth

ADQ

Abu Dhabi’s ADQ, Jordan’s Ministry of Digital Economy and Entrepreneurship launch $100m tech fund

The fund will be dedicated to tech startups and companies specialised in sectors such as telecommunications, financial services and education, among others

DP World

Canada fund CDPQ to invest $5bn in DP World’s Dubai assets

The Montreal-based pension manager will take a 22 per cent stake in DP World’s Jebel Ali Port, Jebel Ali Free Zone and the National Industries Park

Mideast asset manager Investcorp seeks cash for blockchain fund

The eLydian Lion fund will be based in Abu Dhabi

Dubai’s Shuaa Capital launches $250m venture debt fund

The fund claims to be the largest venture debt fund in the GCC

Google Apple

Google announces $10m fund to support Palestinian graduates, tech entrepreneurs

The new initiative builds Google’s existing work around skilling and career development

Abu Dhabi Ports surges on debut after $1.1bn share sale

In 2021, Abu Dhabi Ports handled 45 million tons of general cargo volumes

UAE’s Chimera Capital announces second close of VC fund at $10bn

The fund will target businesses with a focus on fintech, AI, life sciences, consumer internet and B2B sectors

Vortex Energy achieves $200m first close for fourth fund

Vortex Energy IV will target all energy transition verticals

Investcorp is said to raise $1bn for North American deals

The money manager is the Gulf’s largest private investor in US real estate

Saudi tech startup Foodics launches $100m fund for SMEs

Foodics partnered with Maalem Financing to launch the fund

New $60m fund to invest in 120 MENA-based startups amid Covid-19 tech rally

The fund will invest in tech startups across sectors including fintech, healthtech and edutech

Saudi Arabia’s PIF abandons bid for Newcastle United

The consortium formally withdrew its interest because of the prolonged process and current challenges

Bahrain’s Covid-19 campaign raises $100m to support the needy

Public sector institutions and corporations made significant contributions to the fund as well

Abdul Aziz Al Ghurair launches Covid-19 fund for refugee education

The fund focuses on refugees living in overcrowded camps, informal tent settlements and congested host communities where access to online education is currently out of reach

Hospitality group Hyatt launches fund to support financially strained staff

Initially, grants will be prioritised for colleagues who are neither working nor stand eligible for government assistance