Binghatti Capital Limited, an investment management firm in Dubai, has announced that one of its key funds has achieved a net internal rate of return (IRR) of 194% and a net multiple on invested capital (MOIC) of 2.3x for external limited partners.
Apollo Global Management's strategic investment in Mubadala Capital marks another milestone in the UAE's emergence as a major global centre for alternative investments.
A World Bank report estimates that delivering off-grid solar’s potential to connect hundreds of millions of people to reliable electricity by 2030 will require investment of around $11.4 billion.
Bahrain is set to welcome an exclusive gathering of ministerial and senior government officials, visionary chief executives, and influential voices for the fourth edition of Gateway Gulf, taking place on November 1 and 2 at the Four Seasons Hotel, Bahrain Bay.
Snowflake, a AI Data Cloud company, has announced a projected $300 million (SR1.125 billion) investment in Saudi Arabia through 2030, and will work alongside the Ministry of Communications and Information Technology (MCIT).
Dubai Chambers has discussed ways to strengthen trade and investment cooperation between Dubai and Colombia at a meeting with a delegation of members of the Board of Directors of the Bogotá Chamber of Commerce.
Merak Capital, a Saudi-based investment firm focused on opportunities across multiple industries, has announced a SAR100 million ($26.7 million) strategic investment in Arsann, the kingdom’s leading operator of smart parking and mobility infrastructure.
NMC Healthcare Group (NMC), a leading integrated private healthcare provider in the UAE, has announced an AED150 million ($41 million) investment in its facilities and footprint across Abu Dhabi.
Danantara Indonesia, through its investment arm, PT Danantara Investment Management (DIM), has acquired 4.4 hectares of land plots within the SAR26 billion ($7 billion) Thakher Makkah development, following the acquisition and handover of Novotel Thakher Makkah. The transaction involves an operating hotel with 1,461 rooms and suites.
In a major move, Dubai Land Department (DLD) has sealed a strategic collaboration with Google Cloud in bid to help transform artificial intelligence (AI) from a supportive tool into a driving force for investment decision-making.
