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Adia backs mega IPO of Hong Kong manufacturer
The Apple supplier has begun taking investor orders for 383.5 mn shares at up to USD 8.07 each
How a USD 1.1 bn shipping sale became the UAE's largest homegrown hedge fund
Magellan Capital launched with family money and a conviction that the UAE's mid-market was chronically underserved
MGX raises nearly USD 50 bn to accelerate its AI investment push
The raise ranks among the largest dedicated AI investment vehicles to date
Magellan Capital launches asset-backed SME fund, targets USD 250 mn in AUM
The fund is the first institutional open-ended vehicle of its kind in the Gulf
MAF, Midar ink USD 3.1 bn+ Mada City partnership
The revenue-sharing project could lift its total development value beyond USD 4 bn once a planned shopping and entertainment destination…
New stablecoin-powered fintech Sovra raises USD 2 mn in pre-seed funding
The platform will be rolled out in 180 countries, with a focus on MENA
Edge deepens partnerships home and abroad, fresh investments from Investcorp and Dubizzle, and more pharma localization
Edge’s recent partnerships include Italian, Hungarian, Spanish, and French defense players
Mubadala buys into UK-Ireland power link with USD 200 mn Greenlink stake
The investment sees Mubadala acquire exposure to a 504 MW high-voltage power link stretching roughly 190 km beneath the Irish…
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