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Helios Investment Partners inks deal to acquire Telecom Egypt's data hub

New Delhi, Sept. 8 -- Helios Investment Partners, one of the largest private equity firms in Africa that manages assets worth over $3 billion, has agreed to acquire data centre assets of Egyptian tele... Read More


BlueFive Capital, Sidra Capital join hands for global Islamic-finance platform

New Delhi, Sept. 8 -- BlueFive Capital, an Abu Dhabi-based asset management firm that manages assets worth over $2.6 billion (around Rs 22,900 crore), has partnered with Saudi Arabia's multibillion do... Read More


South Africa's Old Mutual PE strikes second deal from Fund VI

New Delhi, Sept. 5 -- Old Mutual Private Equity (OMPE), the private equity investment arm of South Africa's financial services group Old Mutual, has struck a deal to acquire a pan-African private high... Read More


Proptech firm Holo gets SWF Mubadala on board; Cointel, Zetta, Maalexi too bag funds

New Delhi, Aug. 29 -- Dubai Future District Fund-backed proptech startup Holo was ahead in the startup fundraising activity in the Middle East and North Africa (MENA) region this week, securing eight-... Read More


Africa-focused Japanese VC Uncovered Fund launches $20-mn vehicle

New Delhi, Aug. 28 -- Uncovered Fund, a Japanese venture capital firm that backs African startups, has launched a new investment vehicle in partnership with another Tokyo-headquartered VC firm Monex V... Read More


Abu Dhabi's BlueFive Capital partners with Chinese PE firm for new fund

New Delhi, Aug. 26 -- BlueFive Capital, an Abu Dhabi-based asset management firm that manages assets worth over $2.6 billion, has launched a private equity fund in partnership with a Chinese investmen... Read More


MENA Digest: Saudi's Gathern, UAE's Professional.me, Morocco's Hypeo AI get funding

New Delhi, Aug. 22 -- Gathern, a Saudi Arabian vacation rental marketplace platform, led startup funding activity in the Middle East and North Africa (MENA) region this week, raising an eight-digit pr... Read More


MENA Digest: Grocery-delivery app Breadfast, proptech platform Coraly.ai raise funds

New Delhi, Aug. 14 -- At least two startups in the Middle East and North Africa region raised funding this week. Egypt's grocery delivery app Breadfast raised an eight-digit growth-stage funding from... Read More


MENA Digest: UAE's Alaan, Saudi startup Salasa, Egypt's Wuilt secure funding

New Delhi, Aug. 8 -- Fundraising activity in the Middle East and North Africa (MENA) region was driven by two big-ticket, late-stage deals this week. Saudi Arabia-based e-commerce fulfillment platform... Read More


UAE's Gulf Islamic Investment appoints former Al Ahli Bank of Kuwait exec as Group CFO

New Delhi, Aug. 8 -- UAE-based Gulf Islamic Investments (GII), which manages assets worth more than $3.5 billion (around Rs 30,680 crore) in private equity, venture capital, and real estate, has expan... Read More