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500 Startups to invest in 12 regional startupsSilicon Valley based 500 Startups, a leading early-stage venture capital firm in Mena, has announced an investment of up to $150,000 to 12 regional startups each in funding in from its focused fund 500 Falcons. The pre-Serie More… |
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DIC sells stake in $300m Mena fundDubai International Capital (DIC), the private equity arm of Dubai Holding which restructured $2.5 billion debt in April, sold its stake in a $300 million Middle East North Africa infrastructure fund to Islamic investment firm More… |
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ING Mena fund eyes Emaar, RAK CeramicsING Investment's Mena fund has Dubai property developer Emaar Properties and Abu Dhabi-based RAK Ceramics among its top picks to be an early investor in growth companies. Fadi Al Said, head of equities at ING's Middle East Investme More… |
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Schroders fund aims for $1bn Mena investmentSchroders' Middle East and North Africa fund will be heavily weighted toward Egyptian and UAE construction stocks as it seeks to quadruple its size to $1 billion in 2010, fund manager Rami Sidani said. The fund believes fast-paced econ More… |
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Franklin Templeton launches new Mena fundFranklin Templeton Investments Corporation has announced the launch of new Franklin Middle East and North Africa (Mena) Fund for Canadian investors. The new fund will be managed by Franklin Templeton Investments Corporation, with Dubai-bas More… |
