#fund

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