The fund currently has investors from the Gulf such as Saudi Arabia’s Public Investment Fund and UAE’s Mubadala, which has committed $15 billion to the fund.
Here are some of the unique concepts that Majid Al Futtaim is the first in the world, or in the region to introduce
2019 started slowly with just a single listing in the GCC in the first quarter of 2019, compared to four IPOs worth $430 million in the same quarter last year.
The new announcement is the third of its kind for Property Finder in less than a month, as the UAE-based company seeks to expand its operations across the region.
Saudi Aramco received more than $100 billion in orders for a debt offering of $10 billion— a massive oversubscription and an indicator of strong investor demand.
The venture capital firm cofounded by Facebook billionaire Eduardo Saverin and partner Raj Ganguly has raised hundreds of millions in new funding to invest in startups.
The latest fund will aim to invest in series B round or above in the Middle East region across technology companies.
Careem will be a wholly owned subsidiary of Uber but will preserve its brand in the local market.