Investcorp’s China-backed fund is investing in projects in UAE, KSA
Investcorp aims to expand its asset management portfolio to USD 100 bn
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Investcorp aims to expand its asset management portfolio to USD 100 bn
The countries signed a comprehensive partnership agreement earlier this week to cooperate across several sectors
Derq will use the funds to develop its technology and expand its global footprint, including in the GCC
The round saw participation from Saudi Arabia-based Al Nahdi Family Office and other investors
The USD 1.4 bn are follow a previous USD 2.75 bn in investments
The funds will be used to refinance all external debt of GMR Enterprises
The UAE and India inked an MoU earlier this year to ramp up investment in the renewable energy sector
The fund will shell out USD 150-350 mn in investment tickets
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