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  • Millennium invests AED92m in Kuwait Energy
    Yvette Choo- 5 January 2013

    The Dubai-based firm has also partnered a Bahrain telecommunications company, to buy 49 percent of an Indian mobile operator, for $225 million.

  • Global acquires Saudi retail chain
    Siddharth Poddar- 5 January 2013

    Global Investment House has purchased a controlling stake in Al Sawani and will be injecting another $100m in the company to fund its regional acquisitions.

  • Millennium Private Equity completes first close on two funds
    Siddharth Poddar- 4 January 2013

    The Middle Eastern private equity firm has raised $200m and $150m for two of the seven sector-focussed funds it plans to raise. It is targeting $5bn across the seven funds.

  • Report: $1bn Qatar Shariah-compliant fund launched
    Toby Lewis- 4 January 2013

    Investment banks Qatar Islamic Bank, QInvest and Silver Leaf Capital are reportedly raising a country fund in another Middle East fundraising development this week.

  • Bahrain, Kuwait investors launch $200m Indian fund
    Dave Keating- 4 January 2013

    Khaleej Finance and Investment has partnered with Kuwait Investment Company and Kuwait Finance House to launch a Sharia-compliant private equity fund targeting real estate.

  • Global, Millennium raise $500m Shariah fund
    Toby Lewis- 4 January 2013

    The two Middle Eastern firms and regional bank Dubai Islamic Bank have raised a Shariah-compliant vehicle that will invest alongside Global Investment House’s planned $1.5 billion global fund.

  • Istithmar hires corporate heavyweight(3)
    PEI Staff- 3 January 2013

    Dubai firm Istithmar has appointed Khaled Al Kamda, a veteran of Emirates Airlines and now vice chairman of the investment group, to help grow and develop the business alongside its chief executive.

  • Istithmar hires corporate heavyweight(2)
    PEI Staff- 3 January 2013

    Dubai firm Istithmar has appointed Khaled Al Kamda, a veteran of Emirates Airlines and now vice chairman of the investment group, to help grow and develop the business alongside its chief executive.

  • Istithmar hires corporate heavyweight
    PEI Staff- 3 January 2013

    Dubai firm Istithmar has appointed Khaled Al Kamda, a veteran of Emirates Airlines and now vice chairman of the investment group, to help grow and develop the business alongside its chief executive.

  • $1.5bn raised for MENA in first half 2006
    Robert Venes- 3 January 2013

    Nine funds have raised $1.5 billion in the MENA region in the first half of 2006, compared to $5.8 billion in total for the period between 1994 and 2005.