Search Results for:Arif Sharif

Singapore: Gateway Partners looks to fully invest $757m PE fund within next year

The company is working on deals in Saudi Arabia, the United Arab Emirates and Egypt.


Dubai’s sovereign wealth fund said to seek $1b refinancing

Investment Corp. of Dubai is talking to banks to raise a five-year loan to partly repay a $2.55 billion facility that matures in June.


Abraaj says unused capital from health fund returned to investors

The Dubai-based buyout fund dismissed media reports that unused money had disappeared as ‘inaccurate and misleading’.


Dubai port operator DP World, India’s Infra Fund plan $3b investment

The companies set up a platform to invest in ports, terminals, transportation and logistics businesses in India.


Saudi sovereign wealth fund said to weigh bank loans for investments

The Public Investment Fund, or PIF, has held talks with local and international banks and could raise about $5 billion this year.


Emaar Properties raises $1.3b in biggest Dubai share sale in 3 years

The Dubai-based developer of the world’s tallest skyscraper sold 800 million shares of Emaar Development PJSC at 6.03 dirhams a share.


Emaar raising as much as $1.5b from UAE development unit IPO

The sale would be the largest since Emaar Malls PJSC’s $1.6 billion offering in 2014.


Emaar unit plans to price public issue at up to 20% premium

The lead managers on the initial public offering are estimating Emaar Development LLC’s fair value at between 26 billion dirhams ($7.1 billion) and 33 billion dirhams.


Saudi wealth fund aims to boost investment returns in global push

Saudi Arabia is stepping up plans to turn its sovereign wealth fund into a global giant.


Emaar Properties set to end UAE’s IPO drought, eyes real estate biz stake sale

Excluding Orient UNB Takaful PJSC, which hasn’t traded since it was listed in June, there have been no IPOs in the UAE. since 2014.