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Zelo has deployed more than USD 200 mn in funding since its 2020 launch
Author Archives: enterpriseam admin
Posted inINVESTMENT WATCH
UK’s Gemcorp to raise USD 1 bn Africa fund from Abu Dhabi
UK-based asset manager Gemcorp is raising a USD 1 bn private credit fund from its Abu Dhabi office to finance agreements in Africa, partner Asad Hajiyev told Semafor. The fund will target investments ranging between USD 20-100 mn across sectors including energy, agriculture, and commodities. Why Abu Dhabi? “There is a huge amount of capital” […]
Posted inDEBT WATCH
DIB joins USD 1.85 bn syndicated loan for PIF-backed Olam Agri
The Islamic tranche came in at USD 250 mn with a three-year tenor
Posted inREAL ESTATE
Sky AD breaks ground on EGP 80 bn Ras El Hekma project
The project is Sky AD’s largest in Egypt to date
Posted inLEGISLATION WATCH
Dubai amends conciliation law
The amendments aim to achieve faster and smoother dispute resolution, with options like engaging technical experts and a process for challenging decisions
Posted inALSO ON OUR RADAR
Ripple joins DLD’s real estate tokenization project
Plus: Sharjah to create system to regulate the licensing of healthcare facilities and professionals
Posted inPLANET FINANCE
Trump’s tariffs start to bite, driving US inflation up in June
US firms are trying to offshore the brunt of the impact to other regions
Posted inDIPLOMACY
More cooperation on industrials and tourism with Turkey and Tajikistan
Plus: The UAE will launch desalination plant and pipeline to deliver water to Gaza through Egypt