Tuesday 21 October 2014
 
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Riyada Enterprise Development

Abraaj unit to acquire key stake in UAE group

Abraaj 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.

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$50m SME fund set up in Lebanon

Networking 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

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Egypt ministry to invest in Abraaj fund

The 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

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Red announces debut SME investments

Riyada 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

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