View the latest news announcements on our business, people and stakeholder initiatives.
The Abraaj Group announced that it has entered into a definitive agreement to purchase a majority stake in Jhimpir Power Limited for a 50 MW wind power project in the Jhimpir wind corridor in Southeast Pakistan.
The Abraaj Group announced that it has acquired a majority stake in Casaideas, a leading home design and home decorations business with growing market presence in Chile, Peru and Bolivia.
The Abraaj Group has partnered with Islamabad Diagnostics Centre, a leading diagnostics chain in Pakistan. IDC operates 20 centers across Pakistan, with the aim of adding up to 30 more in the future.
The Abraaj Group has been awarded an A+ rating for the second year under the PRI’s Reporting and Assessment Framework. This is above the industry score for Private Equity which has been ranked at level B for the previous reporting cycles.
The Abraaj Group announced the appointment of Mark Bourgeois as Partner, Global Head of Investor Engagement and CEO of Abraaj North America. Mr. Bourgeois will join the Group’s Management Executive Committee.
KES Power, an Abraaj-controlled company has agreed to divest its 66.4% shareholding in K-Electric to the Shanghai Electric Power Company Limited for a consideration of US$ 1.77 billion.
Indorama Fertilizers operates a world-class, 1.4 million metric tonnes per annum facility based in Port Harcourt, Nigeria and is the largest urea fertilizer manufacturer in Sub-Saharan Africa.
The Abraaj Group announced today the curator, winning artist and shortlisted artists for the ninth Abraaj Group Art Prize. The 2017 winning artist is Rana Begum.
Capa de Ozono is the third largest fashion footwear company in Mexico. Abraaj will partner with Capa de Ozono to expand presence in Mexico, diversify product lines
The Abraaj Group today announced it has sold its investment in Koba International Group S.A. for an undisclosed amount. Koba operates a chain of medium-sized retail stores with almost 500 stores across Colombia.
We regret to inform of the peaceful passing of Sheikh Abdulrahman Ali Al Turki on 7th September 2016. Sheikh Abdulrahman served the Group over many years as its Chairman Emeritus.
The Abraaj Group announced the final close of its first dedicated Turkey Fund at US$ 486 million with a further US$ 40 million raised for co-investment.
Oliver Bäte of the Allianz Group, Andrew Liveris of The Dow Chemical Company and Arif Naqvi of The Abraaj Group will join the B Team in their collective effort to redefine the role of business as a force for social, environmental and economic benefit.
The Abraaj Group and the Royal College of Art are pleased to welcome five new Abraaj RCA Innovation Scholars for the 2016/17 academic year.
The Abraaj Group has been named Private Equity House of the Year for North Africa by Private Equity Africa Awards 2016. Abraaj was also given a special recognition award for Large Cap Deal of the Year for the North Africa Hospital Holdings Group.
The Abraaj Group Art Prize, now in its ninth year, is the most significant art prize for the Middle East, North Africa and South Asia region. The winning artist receives $100,000 to produce a major new work, to be revealed at Art Dubai 2017.
The Abraaj Group announced the acquisition of a minority stake in Fibabanka A.S., one of the most prominent banks in Turkey.
The Abraaj Group today announced that it has successfully exited its investment in leading Tunisian pharmaceutical company Unité de fabrication de médicaments, through an initial public offering (‘IPO’) on the Tunis Stock Exchange.
The Abraaj Group today announced that it led a US$30 million round of fundraising for Ninja Logistics Pte Ltd, a technology enabled, last-mile logistics provider with operations in Singapore, Malaysia and Indonesia.
The Abraaj Group today announced that it led a US$150 million round of fundraising for BigBasket, India’s foremost online grocery supermarket. The funding, which Abraaj has led marks the Group’s third investment into the global e-commerce market.
‘Syntax and Society’ features a new video installation by the winners of the 2016 prize, Palestinian artist-duo Basel Abbas and Ruanne Abou-Rahme.
Themis Energy will leverage Abraaj’s local teams, global networks and execution capabilities to originate, develop and manage projects from concept stage to operations.
The Abraaj Group has been named 2015 Firm of the Year in the Middle East and North Africa by Private Equity International. Shortlisted last year, Abraaj regained the top spot in 2015.
The Abraaj Group today announced the acquisition of a stake in Société d’Articles Hygiéniques, a leading producer of disposable household and personal care products for babies, women and adults in Tunisia.
The Abraaj Group announced that it completed the sale of its entire stake in Integrated Diagnostics Holdings on November 2015, through its affiliate Integrated Diagnostics Group Limited (“IDG”).
The Abraaj Group today announced that it has agreed to acquire a majority stake in Quality CARE India Limited. CARE is the fifth largest healthcare provider in India, operating 2,600 beds across 16 hospitals in nine cities.
The Abraaj Group today announced the acquisition of a significant minority stake in Cellulose Processing, a leading manufacturer and distributor of baby diapers and feminine sanitary pads in Algeria.
The Abraaj Group today announced the successful exit through one of its Funds of a partial stake in leading Tunisian pharmaceutical company Unité de fabrication de médicaments (‘Unimed’).
Network International, a leading payment solutions provider in the Middle East and Africa, today announced that affiliates of global investment firms Warburg Pincus and General Atlantic have agreed to acquire a 49% stake in the Company from Abraaj.
The Abraaj Group announced that it has fully exited its shareholding in the leading African insurer, Saham Finances. The Company is a leading insurer in Africa with a presence in 26 countries and a consolidated turnover of over US$ 1 billion.
Careem, the MENA region’s locally founded app-based car service, today announced a Series C investment of US$ 60 million with The Abraaj Group as lead investor. This funding represents one of the largest investments in the region’s emerging technology sector.
The Abraaj Group today announced the acquisition of a majority stake in Centre de Traitement Al Kindy, Casablanca’s largest private oncology clinic, and Clinique Spécialisée Menara, a leading oncology and imaging diagnostics center in Marrakech.
The Abraaj Group announced today the curator, winning and shortlisted artists selected for the eighth prestigious Abraaj Group Art Prize – the most significant arts prize in the Middle East, North Africa and South Asia, recognised globally for its innovative support of artists.
The Abraaj Group and the Aditya Birla Group announced a partnership to build a gigawatt scale renewable energy platform focused on developing solar power plants in India.
The Abraaj Group today announced that it has closed on the issuance of MX$ 3.2 billion, equivalent to US$ 191 million, of Mexican publicly traded certificates, known as Certificados de Capital de Desarrollo (‘CKD’).
The Abraaj Group today announced a partnership with Tiba Group, a leading education service provider in Egypt. Tiba operates across three verticals and through seven educational institutions in Egypt, serving approximately 20,000 students.
The Abraaj Group today announced the signing of an agreement to exit its stake in Condor Travel S.A. to The Carlyle Group. The exit, through Abraaj’s Fund marks the first secondary private equity sale in Peru.
The Abraaj Group today announced the final close of its second dedicated North Africa private equity Fund at US$ 375 million. The new Fund brings the total amount closed by Abraaj for the African continent in 2015 to US$ 1.37 billion.
Under the direction of the new Abraaj Group Art Prize Chairperson, Dana Farouki, the jury for the eighth and ninth editions of the prize includes leading international curators Hans Ulrich Obrist, Defne Ayas and Sandhini Poddar, among others.
The Abraaj Group today announced the acquisition of a majority stake in URBANO Express, a leading courier and light logistics solutions company in Latin America with operations in Peru, Ecuador and El Salvador.
The Abraaj Group today announced the acquisition of a stake in Yü-Ce Medical, a leading medical gauze, medical sponge and surgical suture producer in Turkey. Yu-Ce Medical marks Abraaj’s second investment from its Anatolia Growth Capital Fund
The Abraaj Group today announced the acquisition, through one of its Funds, of a majority stake in Mouka Limited. Established in 1959, Mouka is one of Nigeria’s largest mattress manufacturers, producing a wide range of mattresses and bedding products
The Abraaj Group today announced the full exit of its investment in UAP Holdings Limited, a pan-African insurance holding company. UAP’s services include life insurance, general insurance, health insurance, premium financing services and investment management services.
Arif Naqvi, Group Chief Executive at The Abraaj Group and Founder of the Aman Foundation, was recognized by BNP Paribas for his outstanding contribution to philanthropy.
The Abraaj Group today announced the launch of the Open Call for artists and curators to apply for the eighth edition of the prestigious Abraaj Group Art Prize. In addition, the Group announced the appointment of curator Dana Farouki as the new Chair of AGAP.
IDB and IIC partner with The Abraaj Group to promote the development of private equity across Latin America and the Caribbean. As agreed in a Memorandum of Understanding, the partners aim specifically to promote private sector development and investment in the region.
The Abraaj Group today announced the final close of its third dedicated Sub-Saharan Africa private equity fund at US$ 990 million. AAF III received support from a diverse range of global institutional investors, pension funds, sovereign wealth funds and development finance institutions.
The Abraaj Group and TPG today announced the completion of an investment into Kudu, a Saudi Arabian restaurant group with multiple sites and brands across the country. Sharia compliant investment made through a vehicle jointly owned by Abraaj and TPG
The grant aims to address some of the key challenges faced in growth markets through the power of positive engagement. Nine projects have been selected across each of our markets.
The inauguration of the highly anticipated seventh Abraaj Group Art Prize exhibition features Moroccan Yto Barrada’s newly commissioned work entitled Faux Départ (False Start). The artwork has been developed in close collaboration with guest curator Omar Kholeif.
The Abraaj Group today announced the successful exit of its investment in ECCO Outsourcing S.A.E, one of Egypt’s leading business process outsourcing (BPO) and contact center outsourcing (CCO) companies. Abraaj sold its stake to Saham Services.
The Abraaj Group today announced the formation of the North Africa Hospital Holdings Group (NAHHG), a healthcare investment platform to enhance the quality and accessibility of health care in Egypt and Tunisia, in partnership with leading development financial institutions.
The Abraaj Group today announced the acquisition of a minority stake in Hepsiburada.com, the market leader in the Turkish online retail sector. The investment will be used by Hepsiburada to accelerate the rapid expansion of its market leading e-commerce operations in Turkey.
The Abraaj Group today announced the acquisition, through its Fund, of a stake in BRN Sleep Products, a leading Turkish mattress and sleep products manufacturer, exporter and retailer, in partnership with EBRD.
The Abraaj Group has today announced that it has decided that it will not continue to participate in the competitive bidding process for the acquisition of up to 100% of the share capital of the Egyptian Company For Foods BiscoMisr.
The Abraaj Group has today applied to the Egyptian Financial Supervisory Authority (“EFSA”) requesting EFSA’s approval to amend the tender offer Abraaj has made for the acquisition of up to 100% of the share capital of the Egyptian Company For Foods BiscoMisr.
The Abraaj Group today announced the successful full exit of its investment in Moulin d’Or, a leading producer of baked goods in Tunisia. Founded in 1990, Moulin d’Or has grown to become a leader in its industry with more than 200MN cakes being consumed in the past year.
The Abraaj Group has today announced that its tender offer for the acquisition of the share capital of the Egyptian Company For Foods BiscoMisr (“BiscoMisr”) is designed to expand the Group’s operations and diversify its activities in the Egyptian market.
The Abraaj Group today announced the acquisition of La Flèche Bleue Algérienne SPA (‘FBA’), a leading Algerian company specializing in transportation and logistics services. FBA began operations in 2004, and is the largest company offering logistic services in Algeria.
The Abraaj Group today announced the successful exit of a partial stake in Integrated Diagnostics Holdings to Actis, the pan-emerging market investor. IDH is the largest fully integrated private sector healthcare diagnostics service provider in Egypt, North Sudan and Jordan.
The Abraaj Group has today applied to the Egyptian Financial Supervisory Authority requesting EFSA’s approval to amend the tender offer Abraaj has made for the acquisition of up to 100% of the share capital of the Egyptian Company For Foods BiscoMisr.
The Abraaj Group has today applied to the Egyptian Financial Supervisory Authority requesting EFSA’s approval on the amendment of the tender offer Abraaj has made for the acquisition of up to 100% of the share capital of the Egyptian Company For Foods BiscoMisr.
The Abraaj Group has today issued the following statement in regards to the tender offer the Group has made for the acquisition of up to 100% of the share capital of the Egyptian Company For Foods BiscoMisr.
In his role as Trustee, Mr Naqvi will take the lead in chairing one of five initiatives launched by the Foundation as part of its global mandate to develop public-private partnerships in enhancing international police and law enforcement.
2014 Endeavor Gala Honoring The Abraaj Group’s Arif M. Naqvi Brings Together 400+ Members of the Global Network. A visionary entrepreneur, Mr. Naqvi founded The Abraaj Group in 2002.
The Abraaj Group today announced the acquisition of a majority stake in the Wine Connection Group, Southeast Asia’s leading wine themed F&B chain. Founded in 1998, Wine Connection has grown to over 55 outlets in Singapore and Thailand.
The Abraaj Group today announced the acquisition of a majority stake in Liberty Star Consumer Holdings (‘Libstar’), one of the largest unlisted food and personal care manufacturers in South Africa.
The Abraaj Group and the Royal College of Art launched the Abraaj RCA Innovation Scholarship program. The ground-breaking initiative will foster opportunity and provide contemporary practitioners with the resources to develop their talent.
The Abraaj Group Art Prize announced today the winning artist for its seventh edition, the Guest Curator and the three shortlisted artists participating in the accompanying exhibition at Art Dubai 2015 (March 18-21, 2015).
The Abraaj Group announced the successful exit of its investment in Iasacorp International S.A. (“Iasacorp”), a prominent Peru-based retailer specializing in women’s accessories. Iasacorp operates store brands such as Do It!, Do It! Kids and Glitter.
The Abraaj Group today announced the successful exit of its investment in Fibrex, a manufacturer of high-density polyethylene (HDPE) and other low-pressure plastic pipe products used in the construction industry.
The Abraaj Group today announced the acquisition of a majority stake in Polyclinique Taoufik S.A. Based in Tunis, Clinique Taoufik was one of the first private healthcare institutions established as part of efforts to modernize Tunisia’s healthcare system.
The Abraaj Group today announced the exit of its investment in Analistas de Recursos Globales (ARG), a leading Mexican leasing solutions provider. Abraaj agreed to sell its majority stake to Docuformas which is the Mexican franchisee of and conducts business as Liquid Capital.
The Abraaj Group today announced that it has mandated Citi to evaluate strategic options with respect to its indirect stake in K-Electric, a vertically integrated power utility listed on the Karachi, Islamabad and Lahore stock exchanges in Pakistan.
The Abraaj Group today announced its submission of a tender offer to acquire, through one of its Funds, a stake in Cairo Investment and Real Estate Development, which is listed on the Egyptian Stock Exchange (EGX).
The Abraaj Group today announced its submission of a mandatory tender offer to acquire, through one of its Funds, up to 100% of the shares of Cairo Medical Center S.A.E, which is listed on the Egyptian Stock Exchange (EGX).
The Abraaj Group has been named Private Equity House of the Year for Sub-Saharan Africa by Private Equity Africa Awards 2014. In addition, The Abraaj Group was also given a special recognition award for Landmark Deal of year for Fan Milk International.
The Abraaj Group Art Prize announced today the launch of the Open Call for artists and curators interested in taking part in the seventh edition of the prize. The curators’ applications are accepted until June 22, 2014, while artists’ applications are open until June 29, 2014.
The Abraaj Group, a leading investor operating in global growth markets, today announced the acquisition, through its Fund, of a stake in KPN Academy, one of Thailand’s leading out-of-school education service providers.
The Abraaj Group today announced the acquisition of a stake in Kool Food, a leading Moroccan chocolate confectionery manufacturer. Investment will consolidate Kool Food’s market-leading position in Morocco and enhance its international expansion plans
Today sees the inauguration of the highly anticipated sixth Abraaj Group Art Prize exhibition, with all five artist winners and guest curator present for interviews.
Abraaj has exited its investment in Pancake House after helping it expand regionally and organically across South East Asia and the Middle East.
The Abraaj Group is named the Best Private Equity House in Europe, Middle East and Africa in EMEA Finance’s Achievement Awards 2013.
The Abraaj Group today announced an agreement to acquire through its Fund a majority stake in Yörsan Group, a market leading Turkish manufacturer and distributor of high quality, dairy products, in partnership with the ERBD and the Yörük family.
American University of Sharjah (AUS) today announced the establishment of The Peter Heath Women’s Entrepreneurship Fund, following an AED 5 million endowment by The Abraaj Group, a leading investor operating in global growth markets.
The Abraaj Group announced today that it has successfully completed 15 exits through its Funds in 2013. Strong Fund exits across multiple growth markets and sectors in past two years have led to US$ 1.7 billion in realizations from 30 companies
The Abraaj Group has pledged to support a global community of exceptional young leaders – members of the World Economic Forum’s (WEF) Global Shapers Community – who are tackling some of the most pressing problems in their local communities.
The Abraaj Group has announced its full exit from Tunisian pharmaceutical company Opalia Pharma S.A. The Group has sold its entire stake to Recordati, an international pharmaceutical company listed on the Italian stock exchange.
The Abraaj Group today announced the acquisition of a significant stake in Republika Academic Apartments, consisting of two student accommodation assets totaling 1274 beds.
The Oslo Business for Peace Award is the highest form of recognition given to individual business leaders for fostering peace and stability through creating shared value between business and society.
Karachi Electric Supply Company has received the prestigious Energy Leaders Award 2013 for best practices in energy conservation, energy efficiency and implementation of efficient practices during the year 2012.
Today sees the unveiling of the highly anticipated fifth Abraaj Group Art Prize exhibition, with all five artist winners and guest curator present for interviews.
The Abraaj Group today announced an investment by its Africa Health Fund in Vine Pharmaceuticals, the largest pharmacy retail chain in Uganda.
The Abraaj Group today announced the exit of its investment in Vejthani. The Group sold its stake in Vejthani to the South East Asian healthcare chain KPJ Healthcare.
The Abraaj Group today announced that it has successfully exited its investment in the restaurant chain Hot Pot, through an initial public offering (IPO) on the local Thai stock exchange that was more than three times oversubscribed.
Aureos, Abraaj Capital’s global SME platform, will leverage OPIC’s $150 million to create a $400 million regional SME financing vehicle. OPIC’s investment in the Fund fulfills President Obama’s pledge made at historic Cairo speech.
The Abraaj Capital Art Prize is delighted to announced today the winning artists for its fifth edition, bringing the total number of winners awarded the prize to 21.
IHH listing is the third largest IPO globally to date in 2012. IPO to create one of the largest listed private healthcare providers in the world by market capitalization.
Abraaj Capital today announced the completion of the acquisition of Aureos Capital, a private equity fund management group investing in small and mid-cap companies in Asia, Africa and Latin America..
The Aureos Latin America Fund ) today announced an investment of US$10 million in Mexico’s leading clinical research organization (CRO), Investigación Farmacológica y Biofarmacéutica.
The Aureos Latin America Fund (ALAF) today announced that it has acquired a significant stake in the Peruvian restaurant business, Acurio Restaurantes. This investment is ALAF’s twelfth investment in Latin America and its third in Peru.
Aureos Capital, a leading small and mid-cap private equity fund manager specialising in global growth markets, today announced an investment in Clinique Biasa, a private hospital and clinic providing a wide range of medical services in Togo, West Africa.
The Selection Committee of the Abraaj Capital Art Prize today announced Murtaza Vali as the guest curator for the fifth edition (2013) of the prestigious prize. Vali joins the committee which selects the five winning artists, to be announced later this year.
The American University in Cairo (AUC) and Abraaj Capital, a leading private equity firm investing in global growth markets, today announced the creation of the “Abraaj Capital Professorship in Private Equity” at the School of Business at AUC.
Arif Naqvi, Founder and Group Chief Executive Officer of Abraaj Capital, has been appointed to the Board of the Global Compact by the United Nations Secretary-General, Ban Ki-moon.
Riyada Enterprise Development (RED), Abraaj Capital’s US$ 650 million high growth small and mid-cap (SMC) investment platform, announced today its intent to acquire a 50% stake in The Entertainer.
Today sees the unveiling of the highly anticipated, ambitious artworks of the 2012 Abraaj Capital Art Prize, the world’s only art prize to focus on the Middle East, North Africa and South Asia (MENASA) region.
Abraaj Capital, Palestine Investment Fund (PIF), Bank of Palestine (BoP), Cisco and the European Investment Bank (EIB) jointly announced today the first close of the Palestine Growth Capital Fund.
Abraaj Capital today announced that it has made a significant investment through its Funds in Saham Finances, a leading insurance holding company in Morocco and Francophone West Africa (CIMA region).
Abraaj Capital today announced the acquisition of Aureos Capital, a global private equity fund management group investing in small and medium-sized enterprises (“SMEs”) across Asia, Africa and Latin America.
Abraaj Capital today announced the successful completion of its agreement to divest its entire 50% shareholding in Acibadem Saglik Yatirimlari Holding A.S. and affiliated companies to Integrated Healthcare Holdings Sdn.Bhd and Khazanah Nasional Bhd.
Abraaj Capital, a leading private equity manager investing in the rapidly growing economies of the Middle East, Africa, Turkey and Asia, announced today that it has entered into an agreement to divest its entire 50% shareholding in Acıbadem Sağlık Yatırımları Holding A.Ş.
Under the patronage of the President of the Council of Ministers His Excellency Najib Mikati, Cisco, the European Investment Bank (EIB), and Riyada Enterprise Development jointly announced today the launch of the US$ 50 million Lebanon Growth Capital Fund.
Spinneys, the premium grocery retailer in the Middle East and North Africa (MENA), unveiled today its regional expansion strategy, which includes actively expanding the company’s existing presence in Lebanon, Egypt and Qatar, opening its first store in Jordan.
The Abraaj Capital Art Prize, now in its fourth year, announced today the five winning artists for 2012. The artists, who were selected from a record number of submissions, have begun working on realizing the artworks they proposed which will be unveiled during Art Dubai.
Abraaj Capital announced today its acquisition of the North African private equity platform of Amundi, the French asset manager jointly owned by Société Générale and Crédit Agricole.
Network International LLC and Abraaj Capital formalized a partnership agreement to enhance Network International’s ongoing growth and accelerate the geographic expansion.
March 2011 saw the unveiling of the third edition of the Abraaj Capital Art Prize at Art Dubai: Woman in Black by Hamra Abbas, Shadow Sites II by Jananne Al-Ani, New Dream Machine Project by Shezad Dawood, Flying Carpets by Nadia Kaabi-Linke and Gon by Timo Nasseri.
Aureos Capital, the private equity fund management company, today announces further expansion of its Asia operations with the opening of a regional head office in Singapore on February 9 2011.
The Saudi Arabian General Investment Authority (SAGIA) and Abraaj Capital jointly announced today Abraaj Capital’s plans to initiate a SAR 2 Billion investment platform dedicated exclusively to investing in the Kingdom of Saudi Arabia.
The Aureos Latin American Fund (ALAF)1 has acquired a 40% interest in Peru’s leading tour operator company, Condor Travel S.A.C. as part of a management buyout in which Sammy Niego, CEO of the company, has increased his participation to 51%.
Al Borg Laboratories, the Middle East’s largest medical testing group, has announced that it has finalized the voluntary delisting of its shares from the Egyptian Stock Exchange (“EGX”) and has become a private joint stock company.
Network International LLC announced today the signing of a partnership agreement to enhance Network International’s strong growth and accelerate the geographic expansion of the company’s market-leading payments processing platform.
Abraaj Capital announced today the first acquisition by its new income-generating real estate fund, ASAS, of a grade-A commercial office building in Cairo, Egypt.
Funds managed by Aureos Capital have completed a $10m investment in the BSR Super Speciality Hospitals Limited (BSR), a leading Indian healthcare group.
The Aureos Africa Fund (“AAF”) has completed a US$10 million investment in HFC Bank Ghana Limited, a commercial and retail bank based in Ghana.
Wamda.com, the MENASA region’s most comprehensive online content and community portal, operating under the “Inspire. Empower. Connect.” platform and built entirely in the region, was unveiled today at the ‘Celebration of Entrepreneurship’ event.
members of the region’s entrepreneurial community.
More than 1,500 entrepreneurs, innovators, business leaders, finance providers and creative professionals from across the Middle East, North Africa and South Asia (MENASA) region and beyond are expected to gather in Dubai for a “Celebration of Entrepreneurship.”
More than 1,200 entrepreneurs, innovators, business leaders, finance providers and creative professionals from across the MENASA region will gather in Dubai for a “Celebration of Entrepreneurship”.
A new initiative on the research and teaching of private equity has been announced by the London School of Economics and Political Science. The initiative is supported by Abraaj Capital.
Aureos Capital has signed up to the United Nations Principles for Responsible Investment (UNPRI), a globally recognised United Nations-backed initiative promoting responsible investment.
The Aureos Africa Fund has raised a total of US$381.1 million at the final close of its fundraising. The Fund, managed by Aureos Capital, is believed to be the largest ever to focus on investing in private SME businesses across Africa.
The Palestine Investment Fund (PIF) and private equity group Abraaj Capital announce the first closing of a US$50 million private equity fund dedicated to Palestine.
Abraaj Capital Group announces that it agreed to acquire all of Riyada Ventures, the leading venture capital firm in the MENA region. The acquisition is at the core of a major new push by Abraaj into the small and medium enterprise (SME) space.
Abraaj Capital Holdings Limited announces that it has completed a US$ 375 million capital increase to existing shareholders, strengthening its balance sheet to capitalize on strategic buying opportunities, expand its geographic and product coverage.
Abraaj donates US$ 10 million to a trust fund it is setting up to help educate Palestinian children and youth in Gaza made orphans during the December-to-January conflict
Three international Curator/Artist teams set to push artistic boundaries and take centre stage at Art Dubai
Abraaj Capital has entered into an agreement to acquire a stake in the biggest shareholder of Karachi Electric Supply Company Limited (KESC), the city’s sole power provider.
Abraaj Capital announced today it has entered into a strategic partnership with Capital Investment LLC, a leading private institutional investment house based in Abu Dhabi, to support the domestic growth and international expansion of Acibadem Healthcare Services.