Thursday 21 June 2018
 
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Bahrain Development Bank launches $100m venture capital fund

The Bahrain Development Bank (BDB) has launched a $100 million Venture Capital Fund of Funds aimed at boosting the start-up ecosystem in Bahrain and the Middle East. The fund was set up following instructions from HRH Prince Salma

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Bahrain Development Bank launches $100m venture capital fund

The Bahrain Development Bank (BDB) has launched a $100 million Venture Capital Fund of Funds aimed at boosting the start-up ecosystem in Bahrain and the Middle East. The fund was set up following instructions from HRH Prince Salma

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ENBD Saudi Equity Fund returns top 18pc YTD

Emirates NBD Asset Management reported that the Emirates NBD Saudi Arabia Equity Fund has returned more than 18 per cent year to date (YTD) and grown to a size of over $30 million since launching in December 2017.  The sub-fu

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NCB Capital launches global aviation fund

NCB Capital (DIFC), a subsidiary of leading investment firm NCB Capital Company, has announced the launch of the NCB Capital Aviation Fund I with $200 million of commitments raised through a private placement. The fund holds a maj

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NCB Capital launches global aviation fund

NCB Capital (DIFC), a subsidiary of leading investment firm NCB Capital Company, has announced the launch of the NCB Capital Aviation Fund I with $200 million of commitments raised through a private placement. The fund holds a maj

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Tawazun announces closing of Alfia Fund

Tawazun Economic Council has announced the closure of Alfia after successfully fulfilling its purpose of serving as an investment fund for defence contractors. Tareq Abdul Raheem Al Hosani, chief executive officer of Tawazun Econo

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Abu Dhabi Fund finances $115m Albania projects

The Abu Dhabi Fund for Development (ADFD), a leading national entity for development aid, has financed three strategic projects in Albania valued at Dh424 million ($115.43 million) over the past seven years, a senior official has revealed.

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Abu Dhabi Fund finances $115m Albania projects

The Abu Dhabi Fund for Development (ADFD), a leading national entity for development aid, has financed three strategic projects in Albania valued at Dh424 million ($115.43 million) over the past seven years, a senior official has revealed.

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Saudi firm eyes stake in Accor property unit

Saudi Arabia's Public Investment Fund (PIF) is in talks with international hotel operator Accor to acquire a 15 per cent stake of its property business, said a report. The potential transaction could value to SR28.66 billion (

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Auto giants set up $1bn venture capital fund

Mitsubishi have announced the launch of Alliance Ventures, a new corporate venture capital fund that plans to invest up to $1 billion to support open innovation over the next five years. Renault (40 per cent), Nissan (40 per cent)

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