Private Equity

Middle East & North Africa

Gulf Capital taps into MENA's booming healthcare sector

The Abu Dhabi-based firm has acquired a 75% stake in Egypt's TechnoScan as it seeks to create a pan-Middle Eastern medical diagnostic and imaging business.

2 min read · 05 January 2013

Citadel to invest $150m in Kenya-Uganda Railways

Citadel Capital has become a significant shareholder in Rift Valley Railways, which holds a concession to run a railway line between Kenya and Uganda.

2 min read · 05 January 2013

Citadel platform ups stake in ASEC Cement

The Cairo-based firm has bought an additional 9% stake in the company from one of its LPs, Emirates International Investment.

2 min read · 05 January 2013

Denham Capital in $277m solar exit

SunRay Renewable Energy, a Maltese solar power plant developer, is to be bought by Nasdaq-listed SunPower in a deal expected to close in the first half of this year.

2 min read · 05 January 2013

Markstone to pay $18m to settle with Cuomo

New York Attorney General Andrew Cuomo has reached a deal in which Markstone will pay back all management fees related to the state's pension.

2 min read · 05 January 2013

Israeli VC firms back mobile digital TV chip maker with $23.5m

Siano Mobile Silicon will use the capital to scale up its production capacity, develop new products and explore new markets.

2 min read · 05 January 2013

Quadrangle enters Asia with $300m telecom deal

The New York-based firm has led seven other investors in backing Tower Vision, as they look to capitalise on India's rapidly growing wireless telecoms market.

2 min read · 05 January 2013

Study: VC investments in Israel hit lowest point since 2003

Just $1.12bn was invested in Israel's 'at-risk' venture capital sector in 2009 - a 46% decline on the 2008 total. A further slump is predicted for 2010.

2 min read · 05 January 2013

Planting flags in Turkey

Turkey’s dynamic demographics and healthy macroeconomic trends have caught the attention of the global private equity industry. But some challenges remain.

5 min read · 05 January 2013

StanChart seals $48m Nigerian deal

The captive private equity unit of Standard Chartered has taken a minority stake in industrial gas provider Seven Energy.

1 min read · 05 January 2013

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