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Abraaj unit to acquire key stake in UAE groupAbraaj Capital's $650 million high growth small and mid-cap investment platform, Riyada Enterprise Development (RED), plans to acquire a 50 per cent stake in The Entertainer, a boutique consumer services company based in the UAE. More… |
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$50m SME fund set up in LebanonNetworking leader Cisco and European Investment Bank (EIB) have tied up with Riyada Enterprise Development, a unit of Dubai-based investment group Abraaj, to set up a $50 million capital fund for small and medium enterprises (SMEs) in Lebanon More… |
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Egypt ministry to invest in Abraaj fundThe Egyptian Ministry of Communications and Information Technology (MCIT) has announced plans to invest in a fund managed by top private equity group Abraaj Capital. The $80 million Egypt Growth Capital Fund is part of Riyada Enterprise De More… |
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Red announces debut SME investmentsRiyada Enterprise Development (Red), Abraaj Capital’s new $500 million small and medium enterprise (SME) investment platform, has announced its first five investments into leading regional SMEs. Abraaj Capital said Red is targeting individ More… |
