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Logistics (MENA) 
US private equity outfit HIG Capital opens in Dubai
The PE firm manages some USD 60 bn in funds across diverse sectors
Maqta Gateway inks shareholder agreement to provide Aqaba port with digital system
Maqta Gateway will hold a majority 51% stake, while Aqaba will carry a 49% stake under the terms
Misra eyes more GCC funds + Telegraph takeover gets more ink
Former SoftBank CEO Rajeev Misra wants to boost the size of his fund to more than USD 10 bn
Mozambique approves DP World’s USD 2 bn Maputo port expansion + Omniyat eyes AED 10 bn investments in Marasi Bay Marina
The expansion will see further investments of some USD 1.1 bn into the port by 2033
Elite Co acquires cold chain logistics company in a multi mn-USD transaction
The acquisition will help Elite Co expand its range of logistics services
Alpha MBM could invest in USD 4 bn crude oil refinery in Uganda
Talks are expected to wrap within three months
Eagle Hills and Emaar line up investments in KSA’s hospitality sector
Eage Hills is finalizing talks with the wealth fund and plans to announce the details within a month
Akkrue Capital closes seed funding round led by DHF Capital
DHF, a Luxembourg-based investment management firm, expanded its portfolio to include Akkrue Capital
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