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Microsoft and G42 invest USD 1 bn in Kenya geothermal data center
The data center will offer access to Microsoft Azure
ADIA and CVC mull another bid for Hargreaves Lansdown, after the first was rejected
The investment platform rejected an earlier bid that it said undervalued the company
France and the UAE ink strategic AI partnership + eye nuclear investments
The two countries will explore investments in data centers and semiconductors
Alcazar raises USD 490 mn for second renewables fund
The fund received backing from the US International Development Finance Corporation
Mubadala reaches AED 1.1 tn in assets under management + Takaful Emarat posts 1Q results
Mubadala grew its assets to AED 1.11 tn last year, while Takaful Emarat posted a net loss of AED 8.98…
Shorooq Partners launches second venture debt fund
Shorooq Partners is in talks to invest in two fintechs
Adia eyes a piece of Malaysian airport operator as Malaysian investors look to take it private
ADIA alongside a Malaysian-led consortium offered to buy 67% of MAHB
UAE startups led MENA funding in April
The largest ticket across the region was UAE fintech outfit Fortis’ USD 20 mn series A round
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