Monday 18 June 2018
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.


$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


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


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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