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ADIA to anchor European private credit fund
The fund will focus on investing in private equity general partners and funds
THIS MORNING: Sidara makes final play for Wood Group + President in China
Plus: Drake & Scull’s shares soared 30% on its return to the DFM
GrubTech bags USD 15 mn in series B funding
The startup plans to expand into KSA, Europe and the UK.
Lunate acquires minority stake in US-based PE firm as part of USD 3 bn JV with Blue Owl
The “passive” investment will not have an impact on Linden’s operations or investment strategies
Adnoc Distribution eyes more fast EV chargers in the UAE this year + fuel stations across Egypt, KSA and the UAE
Plus: Health and Prevention Ministry is now offering installment plans in partnership with eight local banks
Holo closes pre-series A funding round to boost expansion plans
The company seeks to boost its presence in UAE and Saudi Arabia
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
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