Trusted Insighthttp://thetrustedinsight.com/2021-02-23T10:20:35.128560-05:00Trusted Insight, the world's largest platform for institutional investors with 40,000 LP investor professionals in 98 countries and territories around the globe. 30,000 institutional investors engage with Trusted Insight each week. They are actively investing in alternative assets, primarily private equity, hedge funds, real estate and private companies. Our users consist of pension funds, endowments, foundations, sovereign wealth funds, family offices, banks and insurance companies. 83% of Trusted Insight users continue to use the platform 6 months after initially signing up. Investors on the platform, on average manage in excess of $5 billion. We are a platform for qualified purchasers, not high net worth investors.
Mena Startups Attract $1B Of Venture Capital In 2020
2021-02-23T10:20:35.128560-05:00https://www.thetrustedinsight.com/investment-news/mena-startups-attract-1b-of-venture-capital-in-2020-20210223896/
The report provides a comprehensive ranking of venture capital investors in the MENA region and explores the shifts in investor focus driven by COVID-19.
How MENA Could Be Next Leading VC Opportunity
2021-02-18T10:02:10.840298-05:00https://www.thetrustedinsight.com/investment-news/how-mena-could-be-next-leading-vc-opportunity-20210218580/
The Middle East and North African (MENA) startup scene is similarly capturing attention; not only due to the number of quality entrepreneurs, but also the significant acquisitions of eCommerce and rideshare leaders.
STV Accounts For Nearly 30% Of Total MENA VC Fundraising
2019-02-19T00:14:40.147720-05:00https://www.thetrustedinsight.com/investment-news/stv-accounts-for-nearly-30-of-total-mena-vc-fundraising-20190219498/
"We have increased the quantum of venture capital available to regional startups, creating a completely new playing field for Mena VC," said Abdulrahman Tarabzouni, chief executive of STV.
Sarona PE in Frontier & Emerging Markets: 2017 Values Report now available on our website
2017-08-01T14:00:30.779410-04:00https://www.thetrustedinsight.com/investment-news/sarona-pe-in-frontier-emerging-markets-2017-values-report-now-available-on-our-website-1-20170801309/
Growth that Matters: investing for profit and purpose
Sarona PE in Frontier & Emerging Markets: 2017 Values Report now available on our website
2017-08-01T14:00:20.655604-04:00https://www.thetrustedinsight.com/investment-news/sarona-pe-in-frontier-emerging-markets-2017-values-report-now-available-on-our-website-20170801308/
Growth that Matters: investing for profit and purpose
UAE Leads Region In Private Equity Investments
2017-06-20T17:01:57.550687-04:00https://www.thetrustedinsight.com/investment-news/uae-leads-region-in-private-equity-investments-20170620485/
The UAE accounted 62 percent of Middle East and North Africa (MENA) private equity investment activity by value in 2016, a substantial increase from 2015 according to Private Equity & Venture Capital Annual Report of the MENA Private Equity Association.
VC Gains Popularity As An Asset Class
2017-06-19T10:19:34.466834-04:00https://www.thetrustedinsight.com/investment-news/vc-gains-popularity-as-an-asset-class-20170619401/
Venture capital investments in the Middle East and North Africa region made significant gains last year and are evolving as a popular asset class among regional investors. Here's why.
OIF And Qatar Science And Tech Park Back 500 Startups MENA Fund
2017-05-10T15:30:37.685070-04:00https://www.thetrustedinsight.com/investment-news/oif-and-qatar-science-and-tech-park-back-500-startups-mena-fund-20170510385/
The Oman Investment Fund (OIF) is keen on investing in innovative startups. 500 Startups is an investment company and business accelerator that is founded by Dave McClure. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only.
MENA Private Equity Poised For Significant Growth, Says Industry Report
2017-04-20T14:11:36.219390-04:00https://www.thetrustedinsight.com/investment-news/mena-private-equity-poised-for-significant-growth-says-industry-report-20170420752/
<p>The Middle East and North Africa’s (MENA) private equity industry (PE) is poised for significant growth led by the GCC’s six member states in light of intensified MENA-wide economic diversification and development efforts. This was the key finding of the report on ‘Challenges and Opportunities: Reinforcing the Private Equity Market in the MENA Region’ released by Orient Planet Research, an Orient Planet Group venture, on the sidelines of the inaugural Private Equity Forum & Awards 2017 held on 19 April 2017 at the St. Regis Hotel, Dubai.</p>
MENA Private Equity Poised For Significant Growth
2017-04-19T18:03:46.765623-04:00https://www.thetrustedinsight.com/investment-news/mena-private-equity-poised-for-significant-growth-20170419733/
The Middle East and North Africa’s (MENA) private equity industry (PE) is poised for significant growth led by the GCC’s six member states in light of intensified MENA-wide economic diversification and development efforts.
Global Investment House Makes Substantial Distributions On Funds
2017-03-22T14:57:34.786216-04:00https://www.thetrustedinsight.com/investment-news/global-investment-house-makes-substantial-distributions-on-funds-20170322776/
Kuwait-based regional asset management and investment banking firm Global Investment House (Global), has announced that Global MENA Financial Assets, a fund managed by its Private Equity Asset Management team has distributed around GBP 12.1 million (equivalent to USD15 million), which resulted from the sale of its majority stake in Jordan Trade Facilities, a consumer finance company operating in the Hashemite Kingdom of Jordan and accumulated dividends of its portfolio companies to its investors.
How A Jordanian Venture Capital Firm Elbowed Its Way Into US Deals
2017-03-10T13:53:30.855283-05:00https://www.thetrustedinsight.com/investment-news/how-a-jordanian-venture-capital-firm-elbowed-its-way-into-us-deals-20170310355/
While other Arab VCs, such as Mena Venture Investments, have invested in U.S. startups, Silicon Badia is the first Arab venture capital firm with a fund dedicated to early stage tech startups in the U.S.
BECO Capital Leads $3.5M In HR & Insurance Company
2016-11-10T11:46:23.896087-05:00https://www.thetrustedinsight.com/investment-news/beco-capital-leads-35m-in-hr-insurance-company-20161110084/
BECO Capital, a regional venture capital firm focused on technology investments in MENA (Middle East and North Africa), this week announced that it has led a new $3.5 million round of funding for Bayzat, a UAE-based technology startup that provides insurance and HR solutions. The two-year-old startup assists patients and companies in managing their health insurance in a simple, clear and accessible way through their computers and mobile devices.
Middle East Is 'Promised Land' For Renewable Energy Investment
2016-09-14T10:50:08.926913-04:00https://www.thetrustedinsight.com/investment-news/middle-east-is-promised-land-for-renewable-energy-investment-20160914110/
Mena as a whole is markedly gaining speed in renewables over the past 12 to 18 months, according to David Charlier, a partner based in Dubai at law firm Ashurst.
BP Approves Investment In Egypt Gas Field 15 Months After Discovery
2016-06-20T10:10:09.904910-04:00https://www.thetrustedinsight.com/investment-news/bp-approves-investment-in-egypt-gas-field-15-months-after-discovery-20160620739/
British oil major BP has approved investment in the first phase of developing the large Atoll gas field offshore Egypt, only 15 months after it first announced its discovery.
Arab UHNWIs' Investment In UK Real Estate Slump Ahead Of Brexit
2016-06-06T12:15:41.979245-04:00https://www.thetrustedinsight.com/investment-news/arab-uhnwis-investment-in-uk-real-estate-slump-ahead-of-brexit-20160606906/
Gulf Arab investors, some of the biggest buyers of British real estate, are holding back from new deals because they fear a property price slump if Britain leaves the European Union, according to legal and investment sources.
Hotel Investors Look To Iran
2016-05-31T15:05:08.495611-04:00https://www.thetrustedinsight.com/investment-news/hotel-investors-look-to-iran-20160531547/
Global hotel companies are betting that lifted sanctions against Iran will bring waves of tourists and business travel to the Middle East Nation.
Alternative Investment Solutions Needed To Fund Capital Projects In GCC
2016-05-31T14:55:07.221472-04:00https://www.thetrustedinsight.com/investment-news/alternative-investment-solutions-needed-to-fund-capital-projects-in-gcc-20160531543/
The new economic reality of lower oil prices will constrain the amount of funding available to the Gulf Cooperation Council’s (GCC) governments to finance capital and infrastructure projects it the region.
Iraq Joins MENA Rivals Raising Oil Exports Ahead Of OPEC Meeting
2016-05-31T13:40:10.992524-04:00https://www.thetrustedinsight.com/investment-news/iraq-joins-mena-rivals-raising-oil-exports-ahead-of-opec-meeting-20160531527/
Iraq will supply 5 million barrels of extra crude to its partners in June, industry sources familiar with the issue said.
MENA Turns To Private Investment To Fill $270B Infrastructure Funding Gap
2016-05-31T13:30:42.958084-04:00https://www.thetrustedinsight.com/investment-news/mena-turns-to-private-investment-to-fill-270b-infrastructure-funding-gap-20160531524/
Tightening liquidity coupled with increasing country risks have limited the appetite of banks to lend for projects on a long-term basis, such as in the power sector.
Dubai Is Second Most Important Retail Destination For Fifth Year Running
2016-05-24T16:15:09.975787-04:00https://www.thetrustedinsight.com/investment-news/dubai-is-second-most-important-retail-destination-for-fifth-year-running-20160524207/
Dubai retained its position as the second most important international shopping destination globally for the fifth consecutive year, closely behind London, which retained the number one position, according to the 2016 edition of the ‘How Global is the Business of Retail?’ by leading global property advisor CBRE.
PA Resources Divests Tunisian Oil & Gas Assets
2016-05-10T13:05:06.785545-04:00https://www.thetrustedinsight.com/investment-news/pa-resources-divests-tunisian-oil-gas-assets-20160510212/
PA Resources, a struggling Swedish oil company, has divested some more of its assets. This time in Tunisia.
Will Algeria Be Able To Export More Natural Gas And LNG?
2016-05-05T13:25:05.965822-04:00https://www.thetrustedinsight.com/investment-news/will-algeria-be-able-to-export-more-natural-gas-and-lng-20160505896/
As the U.S. is set to become a major liquefied natural gas (LNG) exporter over the next few years, the uncertain ability of our competitors to export both LNG and piped gasis something we must understand better.
Defiant East Libya Ships First Oil Cargo
2016-04-27T15:08:16.331504-04:00https://www.thetrustedinsight.com/investment-news/defiant-east-libya-ships-first-oil-cargo-20160427349/
A government based in eastern Libya has shipped its first cargo of crude in defiance of authorities in the capital Tripoli, a bold move that could deepen the divisions that have brought chaos since the fall of Muammar Gaddafi.
Commercial Real Estate To Gain More Appeal Among Ultra Rich
2016-04-14T17:52:04.016551-04:00https://www.thetrustedinsight.com/investment-news/commercial-real-estate-to-gain-more-appeal-among-ultra-rich-20160414923/
Commercial real estate is expected to become an established component of the investment portfolios of the ultra-high net worth individuals, or UHNWI's, from the Middle East and North Africa region over the next decade.
Iran To Diversify Energy And Spend $55B On Petrochemical Sector After Sanctions Are Lifted
2016-04-13T13:15:07.379866-04:00https://www.thetrustedinsight.com/investment-news/iran-to-diversify-energy-and-spend-55b-on-petrochemical-sector-after-sanctions-are-lifted-20160413886/
The Iranian government plans to inject US $ 55 billion into the petrochemical sector within the next ten years. In addition, the country has plans to diversify its industry after the end of the international sanctions, including opening up mining.
Dubai's Emaar To Exit Joint Venture With MGF
2016-04-13T11:49:46.265767-04:00https://www.thetrustedinsight.com/investment-news/dubais-emaar-to-exit-joint-venture-with-mgf-20160413877/
<span style="line-height: 20.8px;">In a notification to Bombay Stock Exchange, Emaar MGF said the board has decided to take steps for re-organisation of the company through a "Scheme of Demerger".</span>
India Offers $20B Investment In Iran
2016-04-11T19:18:21.883202-04:00https://www.thetrustedinsight.com/investment-news/india-offers-20b-investment-in-iran-20160411786/
The proposed investments in Iran’s Chabahar involves the plan of setting up downstream industries in Iran, and secure energy commodities at a globally competitive price
Holy Moses! Saudi Arabia And Egypt To Build Bridge Over The Red Sea
2016-04-11T10:04:26.625000-04:00https://www.thetrustedinsight.com/investment-news/holy-moses-saudi-arabia-and-egypt-to-build-bridge-over-the-red-sea-20160411762/
King Salman announces deal on second day of Cairo visit after meeting Egyptian president Abdel Fatah al-SisiSaudi Arabia’s King Salman has announced an agreement with Egypt to build a bridge over the Red Sea connecting the two countries.
Iran Expects 4 M Barrels Of Oil Output By 2017
2016-04-06T17:20:03.031134-04:00https://www.thetrustedinsight.com/investment-news/iran-expects-4-m-barrels-of-oil-output-by-2017-20160406691/
Iran's oil minister Bijan Namdar Zanganeh says the nation should be producing four million barrels of oil a day by March 2017.
Saudi Arabia, Egypt To Ink $21.5B Energy, Development Deals
2016-04-05T17:17:21.518545-04:00https://www.thetrustedinsight.com/investment-news/saudi-arabia-egypt-to-ink-215b-energy-development-deals-20160405657/
Agreements to be signed on Thursday during a visit to Cairo by Saudi Arabia’s King Salman.
Kuwait Inks Contract For $2.9B Gas Facility With Korean Firms
2016-04-01T12:40:59.463796-04:00https://www.thetrustedinsight.com/investment-news/kuwait-inks-contract-for-29b-gas-facility-with-korean-firms-20160401551/
Kuwait inked a US$2.93 billion contract with three South Korean firms for the construction of the largest Liquefied Natural Gas (LNG) import facility in the oil-rich country.
Kuwait Oil Company Has Discovered New Oil And Gas Field
2016-03-28T09:58:31.607052-04:00https://www.thetrustedinsight.com/investment-news/kuwait-oil-company-has-discovered-new-oil-and-gas-field-20160328266/
Preliminary tests suggest the new field in the al-Jathatheel region will provide a significant boost to the country’s resource reserves
India Hopes To Sign Farzad B Gas Field Deal With Iran Next Month
2016-03-23T15:30:22.823159-04:00https://www.thetrustedinsight.com/investment-news/india-hopes-to-sign-farzad-b-gas-field-deal-with-iran-next-month-20160323095/
India's Oil Minister said he is "hopeful" a deal on Farzad B could be concluded during his visit to Tehran on April 9-10.
Egypt’s Oil And Gas Sector Catches Investors’ Attention
2016-03-23T15:00:25.167438-04:00https://www.thetrustedinsight.com/investment-news/egypts-oil-and-gas-sector-catches-investors-attention-20160323093/
Despite global oil companies and their financiers losing appetite for new investment, there are still pockets of opportunities in Egypt that pique investors’ interest.
Saudi Arabia May Agree To Oil Output Freeze Without Iran
2016-03-23T14:30:24.522106-04:00https://www.thetrustedinsight.com/investment-news/saudi-arabia-may-agree-to-oil-output-freeze-without-iran-20160323091/
A deal among top oil producers looks more likely as an agreement to freeze output could happen without Iran.
Kuwait Announces $11.3B Of New Infrastructure Projects
2016-03-23T14:00:26.176806-04:00https://www.thetrustedinsight.com/investment-news/kuwait-announces-113b-of-new-infrastructure-projects-20160323089/
Kuwait has announced plans to develop 30 major infrastructure projects worth KD3.43 billion ($11.3 billion) under the 2015-16 development plan, said a report.
Abu Dhabi Offshore Exploration JV Between OMV, Occidental And ADNOC
2016-03-23T14:00:17.010744-04:00https://www.thetrustedinsight.com/investment-news/abu-dhabi-offshore-exploration-jv-between-omv-occidental-and-adnoc-20160323088/
Austria’s OMV has signed a four-year deal to evaluate offshore oil and gas fields northwest of Abu Dhabi with Abu Dhabi National Oil Company and US firm Occidental Petroleum, it announced today.
Libya Spurs April 17 Doha Meeting, Wants To Boost Output
2016-03-23T13:00:23.936324-04:00https://www.thetrustedinsight.com/investment-news/libya-spurs-april-17-doha-meeting-wants-to-boost-output-20160323076/
OPEC member Libya does not plan to attend an April 17 oil producer meeting about freezing production to support prices because it wants to increase output when the situation allows, a Libyan OPEC delegate said.
Abraaj Group To Raise $1B For Emerging Market Renewables PE Fund
2016-03-23T11:40:54.686196-04:00https://www.thetrustedinsight.com/investment-news/abraaj-group-to-raise-1b-for-emerging-market-renewables-pe-fund-20160323061/
Fund will invest in gas, hydro, wind and solar projects in emerging markets globally
Iran In Talks To Process Liquified Natural Gas In Oman
2016-03-21T17:30:21.551222-04:00https://www.thetrustedinsight.com/investment-news/iran-in-talks-to-process-liquified-natural-gas-in-oman-20160321963/
Iran has started discussion with Oman on using spare capacity of Oman LNG, to process Iranian gas for exports.
UK Minister Looks To MENA For Investment Opportunities In Transport Infrastructure
2016-03-18T13:30:15.602766-04:00https://www.thetrustedinsight.com/investment-news/uk-minister-looks-to-mena-for-investment-opportunities-in-transport-infrastructure-20160318796/
‘Despite the oil price changes there is clearly a great commitment to invest in the transport infrastructure’
MENA Infrastructure Sells Stakes In AICT And United Power Company
2016-03-17T14:00:31.034191-04:00https://www.thetrustedinsight.com/investment-news/mena-infrastructure-sells-stakes-in-aict-and-united-power-company-20160317710/
MENA Infrastructure Fund LP has today announced the divestment of both its 30.33 per cent stake in Alexandria International Container Terminals (“AICT”) to Hutchison Port Holdings and its 38.1 per cent stake in United Power Company SAOG (“Manah IPP”) to Khaled Juffali Energy and Utilities (“KJEU”).
Chart Shows How OPEC Is Now Guzzling American Oil
2016-03-17T13:30:15.126511-04:00https://www.thetrustedinsight.com/investment-news/chart-shows-how-opec-is-now-guzzling-american-oil-20160317707/
The American trade deficit with OPEC countries has flipped.
Don't Get Too Excited: Plummeting Global Rig Count Could Trigger Oil Supply Crunch
2016-03-17T12:30:15.586584-04:00https://www.thetrustedinsight.com/investment-news/dont-get-too-excited-plummeting-global-rig-count-could-trigger-oil-supply-crunch-20160317702/
With much of the focus on oil production in the U.S. and the Middle East, a rapid reduction of oil exploration in the rest of the world could lead to a sooner-than-expected oil supply crunch, a new analysis warns.
New Cities Expected To Fuel Railway Infrastructure In Saudi Arabia Until 2020
2016-03-15T15:00:16.878117-04:00https://www.thetrustedinsight.com/investment-news/new-cities-expected-to-fuel-railway-infrastructure-in-saudi-arabia-until-2020-20160315609/
“The expansion of new cities in Saudi Arabia has increased the emphasis on development of transport infrastructure. Better connectivity through railways is expected to ease freight traffic movement within the country."
Oil Producer Meeting On Output Freeze Likely To Be In Mid-April
2016-03-15T11:51:37.365591-04:00https://www.thetrustedinsight.com/investment-news/oil-producer-meeting-on-output-freeze-likely-to-be-in-mid-april-20160315579/
OPEC and non-OPEC oil producers are likely to hold their next meeting on a plan to freeze output levels in mid-April in Doha, according to OPEC sources.
Iran To U.S. Oil Companies: We Want Your Money
2016-03-14T16:53:12.851972-04:00https://www.thetrustedinsight.com/investment-news/iran-to-us-oil-companies-we-want-your-money-20160314536/
Iran's oil minister said the country would welcome investment from American companies into its aging oil and gas industry. However, sanctions have so far prevented major investments from Big Oil companies.
Eni's Oil & Gas Refineries Go Online At Zubair, Iraq
2016-03-14T16:00:16.635178-04:00https://www.thetrustedinsight.com/investment-news/enis-oil-gas-refineries-go-online-at-zubair-iraq-20160314530/
Eni reveals that 3 new facilities for oil, gas and water treatment have been brought online in the Zubair field, Southern Iraq, which will contribute to an increase in production.
Genel Loses $1B Hit Off Back Of Cheap KRG Oil
2016-03-12T18:00:24.335481-05:00https://www.thetrustedinsight.com/investment-news/genel-loses-1b-hit-off-back-of-cheap-krg-oil-20160312444/
Lower crude oil prices and a downward revision in the recoverable reserve estimate in the Kurdish north of Iraq means a charge on the books, Genel Energy said.
$575M In Asian Debt To Rebuild Egypt's Energy And Transport Infrastructure
2016-03-12T18:00:16.857557-05:00https://www.thetrustedinsight.com/investment-news/575m-in-asian-debt-to-rebuild-egypts-energy-and-transport-infrastructure-20160312443/
Egypt will sign three concessional loan agreements with Japan and one with South Korea worth a total of $575 million to finance projects in energy and transportation, an official source familiar with the matter told Ahram Online on Sunday.
Iranian Pipeline Flow To Europe Slow Despite Sanctions Being Lifted
2016-03-12T15:00:16.070319-05:00https://www.thetrustedinsight.com/investment-news/iranian-pipeline-flow-to-europe-slow-despite-sanctions-being-lifted-20160312431/
Egypt and Gulf Arab crude producers have yet to let Saudi Arabia’s regional rival Iran resume oil shipments through a pipeline they operate to supply customers in Europe and the Mediterranean Sea region, more than a month after international sanctions against Iran were lifted.
Palestine's 10MW Solar Power Tenders Open Next Week
2016-03-12T14:30:16.117260-05:00https://www.thetrustedinsight.com/investment-news/palestines-10mw-solar-power-tenders-open-next-week-20160312430/
<p style="line-height: 20.8px;">Omar Kittaneh, Palestine’s minister of energy and natural resources, said at a Clean Energy Business Council event in Dubai yesterday that several initiatives were being released this year to bring on 30 megawatts of solar power, which will include the launch of solar power tenders next week.</p>
OPEC Watching Iran, Russia, Unlikely To Cut Output In June
2016-03-11T18:00:25.734350-05:00https://www.thetrustedinsight.com/investment-news/opec-watching-iran-russia-unlikely-to-cut-output-in-june-20160311405/
The sources, which include officials from the Middle East, say OPEC countries such as Saudi Arabia also want to test Russia's commitment to freezing output before taking any further steps to stablise prices.
IEA: Iran’s Return Less Triumphant Than Expected Amid Signs Of Oil Bottom
2016-03-11T11:40:34.461876-05:00https://www.thetrustedinsight.com/investment-news/iea-irans-return-less-triumphant-than-expected-amid-signs-of-oil-bottom-20160311370/
It seems Iran has overestimated how suddenly it can put its oil barrels back into circulation on global markets, and supply outages last month in neighboring Iraq and other OPEC nations are inadvertently accommodating the Islamic Republic’s gradual return, the International Energy Agency said Friday.
Iraq Oil Growth Second Highest In 2015
2016-03-09T17:30:22.068244-05:00https://www.thetrustedinsight.com/investment-news/iraq-oil-growth-second-highest-in-2015-20160309261/
Last year Iraq saw the world’s second largest gains in oil production growth, surpassed only by the United States, according to a report Monday by the U.S. Energy Information Administration. Iraq’s oil fields pumped out close to 4 million barrels a day in 2015, 700,000 more barrels than it did the previous year.
Moody's Places Gulf States On Review For Downgrade
2016-03-07T13:24:57.740863-05:00https://www.thetrustedinsight.com/investment-news/moodys-places-gulf-states-on-review-for-downgrade-20160307081/
Moody's review covers OPEC kingpin Saudi Arabia, whose rating Standard and Poor's cut two notches to A- last month, the United Arab Emirates, Kuwait and Qatar
Seven Saudi Real Estate Trends To Watch This Year
2016-02-23T12:30:18.054461-05:00https://www.thetrustedinsight.com/investment-news/seven-saudi-real-estate-trends-to-watch-this-year-20160223366/
A challenging macroeconomic environment, including low oil prices and a stronger dollar, will continue to impact Saudi Arabia’s real estate market in 2016, along with a slowdown in GDP and government spending, said an industry expert.
Iranian Energy Investment Could Take A While, IFC Says
2016-02-01T11:05:17.749983-05:00https://www.thetrustedinsight.com/investment-news/iranian-energy-investment-could-take-a-while-ifc-says-20160201265/
The International Finance Corporation (IFC) has started discussions with companies interested in investing in Iran, but it could take between six and nine months to materialise.
Sunny Side Up: MENA To Seek $35B Investment In 'Green' Energy
2016-01-20T16:33:51.750619-05:00https://www.thetrustedinsight.com/investment-news/sunny-side-up-mena-to-seek-35b-investment-in-green-energy-20160120843/
With increasingly lower-cost solar photovoltaic modules helping the countries in Middle East and North Africa (Mena) to diversify their energy mix, the region is set to attract $35 billion worth of renewable energy investments every year by 2020, stated experts from the International Renewable Energy Authority (Irena).
Wamda Invests $60M Initial Funding Ahead Of Schedule
2016-01-19T16:30:11.981166-05:00https://www.thetrustedinsight.com/investment-news/wamda-invests-60m-initial-funding-ahead-of-schedule-20160119752/
Wamda has raised US$60 million in a first round of funding out of a $75m regional growth stage investment fund, Wamda Mena Ventures I. It plans to raise the remainder this year.
Private Equity in the Middle East: Reality & Prospects
2016-01-01T13:25:24.950796-05:00https://www.thetrustedinsight.com/investment-news/private-equity-in-the-middle-east-reality-prospects-20160101970/
LBS 14th Middle East Conference - Panel: Private Equity in the Middle East
3M: First MENA manufacturing plant to be built in KSA
2015-12-09T12:53:37.941179-05:00https://www.thetrustedinsight.com/investment-news/3m-first-mena-manufacturing-plant-to-be-built-in-ksa-20151209775/
3M, a global science-based company that inspires creative collaboration, unveiled Monday the start of construction of its largest manufacturing facility in the Middle East and Africa region, which will be located in Dammam, Kingdom of Saudi Arabia.
MENA to invest $670B in renewable energy over next 25 years
2015-12-09T12:50:36.479846-05:00https://www.thetrustedinsight.com/investment-news/mena-to-invest-670b-in-renewable-energy-over-next-25-years-20151209774/
Led by major diversified energy initiatives undertaken by the GCC, Middle East countries are expected to invest $670 billion, which is more than eight per cent of the global spending, in renewable energy over the next 25 years.
East Africa’s potential whets energy investors’ appetites
2015-12-07T11:29:41.229602-05:00https://www.thetrustedinsight.com/investment-news/east-africax2019s-potential-whets-energy-investorsx2019-appetites-20151207619/
The time is right to explore African assets, but only the strongest players will survive in what is an increasingly competitive space, writes Thangapandian Srinivasalu.
New partnership to raise GCC capital for Africa announced by Greenstone Equity Partners and Harith
2015-11-21T11:30:12.055641-05:00https://www.thetrustedinsight.com/investment-news/new-partnership-to-raise-gcc-capital-for-africa-announced-by-greenstone-equity-partners-and-harith-20151121933/
The new partnership will focus on attracting funds for Harith’s fund.
Abu Dhabi, Irena Seek Renewable Energy Projects For Low-Cost Funding
2015-11-16T10:45:13.678837-05:00https://www.thetrustedinsight.com/investment-news/abu-dhabi-irena-seek-renewable-energy-projects-for-low-cost-funding-20151116447/
The latest round is part of a $350 million commitment from the ADFD that provides concessional loans to projects that Irena supports over seven funding cycles, with loan values between $5m and $15m.
Careem Raises $60M In New Funding With The Abraaj Group As Lead Investor
2015-11-10T14:05:41.446344-05:00https://www.thetrustedinsight.com/investment-news/careem-raises-60m-in-new-funding-with-the-abraaj-group-as-lead-investor-20151110173/
Careem, the MENA region’s locally founded app-based car service, today announced a Series C investment of $60 million with The Abraaj Group (Abraaj) as lead investor.
Arqaam Capital announces successful exit of investment in Sembcorp Salalah
2015-11-05T13:37:21.480170-05:00https://www.thetrustedinsight.com/investment-news/arqaam-capital-announces-successful-exit-of-investment-in-sembcorp-salalah-20151105859/
Arqaam Capital today announced the successful exit from its infrastructure fund’s investment in Oman’s Sembcorp Salalah Power and Water Company SAOG “SSPWC” through a trade sale to the Diwan of Royal Court Pension Fund, Sultanate of Oman.
Global Venture Capital From A Middle Eastern Perspective
2015-11-02T17:42:51.096976-05:00https://www.thetrustedinsight.com/investment-news/global-venture-capital-from-a-middle-eastern-perspective-20151102654/
Do you need rocket fuel? That is what venture capital is. Let me explain in a very basic, generic way.
Saudi Venture Capital Industry Has Sizeable Potential
2015-10-26T16:41:09.692096-04:00https://www.thetrustedinsight.com/investment-news/saudi-venture-capital-industry-has-sizeable-potential-20151026303/
Saudi Arabia’s venture capital industry has a sizeable potential as there are many strengths in the ecosystem and current innovation relevant rankings and statistics imply that innovation will grow in the Kingdom, said Prince Turki bin Saud bin Mohammed.
Jadwa Refining Opportunities Fund acquires Trotters Group
2015-10-14T16:02:05.515872-04:00https://www.thetrustedinsight.com/investment-news/jadwa-refining-opportunities-fund-acquires-trotters-group-20151014627/
Jadwa Investment, a Saudi Arabian private equity house and investment bank with headquarters in Riyadh, today announced that the Jadwa Refining Opportunities Fund has acquired a significant minority stake in Trotters Group.
Private Equity Investors in MENA Seek a Place in the Sun
2015-10-14T16:00:53.283960-04:00https://www.thetrustedinsight.com/investment-news/private-equity-investors-in-mena-seek-a-place-in-the-sun-20151014625/
The Middle East and North Africa region (MENA) has capital -- and lots of it. But it fails to deploy that capital in private equity investments, missing the potential benefits.
Offshore Reserves To Account For 50% Of Oil Production In Abu Dhabi
2015-09-22T12:19:05.113040-04:00https://www.thetrustedinsight.com/investment-news/offshore-reserves-to-account-for-50-of-oil-production-in-abu-dhabi-20150922308/
Off-shore reserves will account for approximately 50 per cent of the total oil production in Abu Dhabi by 2018 as a result of continued investments in production capacity, experts said.
Backing Urged For UAE Solar Energy Sector
2015-09-15T12:31:57.867536-04:00https://www.thetrustedinsight.com/investment-news/backing-urged-for-uae-solar-energy-sector-20150915920/
More than US$50 billion of investment is expected to funnel through the Mena region’s solar energy industry over the next five years, but regulatory framework and financing remain a hurdle.
Emerging markets hedge funds post declines on sharp equity and currency losses
2015-09-14T10:08:36.082870-04:00https://www.thetrustedinsight.com/investment-news/emerging-markets-hedge-funds-post-declines-on-sharp-equity-and-currency-losses-20150914045/
Hedge funds focused on investments in Emerging Markets posted steep performance declines over the previous three months as regional equity and currency markets fell dramatically, driven in part by the devaluation of the Chinese Yuan by the Chinese Central Bank. The HFRI Emerging Markets Index fell -4.5 per cent in August, extending the three month performance drawdown to - 9.2 per cent, according to the latest HFR Emerging Markets Hedge Fund Industry Report, released today by HFR, the established global leader in the indexation, analysis and research of the global hedge fund industry. Total hedge fund capital invested in Emerging...
Deutsche Asset & Wealth Management appoints new Head of Institutional Asset Management MENA
2015-09-09T12:08:50.526439-04:00https://www.thetrustedinsight.com/investment-news/deutsche-asset-wealth-management-appoints-new-head-of-institutional-asset-management-mena-20150909889/
Deutsche Asset & Wealth Management announced today the appointment of Albert Trinkl as Head of Institutional Asset Management MENA, Global Client Group, effective September 1, 2015. Trinkl will be ba...
TAKAUD expands management team with appointment of Chief Investment Officer
2015-08-31T16:29:24.593725-04:00https://www.thetrustedinsight.com/investment-news/takaud-expands-management-team-with-appointment-of-chief-investment-officer-20150831483/
TAKAUD has announced the appointment of Johannes Van Der Dong, a renowned industry expert, as its Chief Investment Officer....
Wuzzuf Secures Egypt’s Largest Funding Round, Led By European VCs
2015-08-26T11:13:45.735499-04:00https://www.thetrustedinsight.com/investment-news/wuzzuf-secures-egypts-largest-funding-round-led-by-european-vcs-20150826275/
This also means that this is the probably the largest fund-raising round in Egypt for a very long time (obviously, there just isn’t that much historical data). This is also Vostok and Piton’s first i...
Forecast: Steady increase to 92 GW annual solar installations by 2020
2015-08-06T15:40:06.415950-04:00https://www.thetrustedinsight.com/investment-news/forecast-steady-increase-to-92-gw-annual-solar-installations-by-2020-20150806529/
Apricum's latest report based on its global market PV model shows continual growth in cumulative installations. Brazil looks set to possibly become the new PV darling.
MENA Private Equity Association: State of Middle East’s PE Industry
2015-07-31T15:30:08.135100-04:00https://www.thetrustedinsight.com/investment-news/mena-private-equity-association-state-of-middle-easts-pe-industry-20150731443/
The non-profit organisation MENA Private Equity Association has published its latest report in the private equity and venture capital industry of the Middle East and North Africa. The ninth report found that private equity in the region continues to interest investors and deal volumes in the region are growing. The Findings The […]
Will the Asian Infrastructure Investment Bank one day matter?
2015-07-10T10:42:41.479935-04:00https://www.thetrustedinsight.com/investment-news/will-the-asian-infrastructure-investment-bank-one-day-matter-20150710015/
As I see it, the creation of the AIIB is not nearly as important as everyone seems to think, and if Beijing’s decision to create the AIIB, and Washington’s decision to oppose it, was part of the stru...
F1 may be sold to Miami Dolphins owner and Qatar investors in £5bn deal
2015-06-24T17:49:58.320972-04:00https://www.thetrustedinsight.com/investment-news/f1-may-be-sold-to-miami-dolphins-owner-and-qatar-investors-in-5bn-deal-20150624736/
Contacts in the Middle East confirmed there was interest in Qatar and particularly from Qatar Sports Investments, the owners of Paris Saint-Germain. However, a source close to CVC Capital Partners, t...
NBK Capital and Gulf Capital Close Funds for Middle East Investment - Private Equity Beat
2014-10-28T16:39:57.542924-04:00https://www.thetrustedinsight.com/investment-news/nbk-capital-and-gulf-capital-close-funds-for-middle-east-investment-private-equity-beat-20141028515/
Gulf Capital and NBK Capital have closed two of the largest vehicles focused on the Middle East since the global financial crisis rocked major hubs like Dubai, and since the Arab Spring swept through...
Middle East Venture Partners Raises Largest Ever Lebanese VC Fund
2014-10-27T12:52:41.109396-04:00https://www.thetrustedinsight.com/investment-news/middle-east-venture-partners-raises-largest-ever-lebanese-vc-fund-20141027484/
Middle East Venture Partners said it raised its IMPACT Fund with commitments of more than $50 million.
Carlyle Puts MENA on Hold
2014-10-16T21:36:51.841423-04:00https://www.thetrustedinsight.com/investment-news/carlyle-puts-mena-on-hold-20141016416/
London, Hong Kong: Carlyle has shelved plans to market a second private equity fund targeting the Middle East and North Africa in a move denting a seven-year attempt to break into the region amid ris...
Saudi Agriculture Industry Shows Interest in Solar-Diesel Hybrids
2014-09-23T18:26:00.085617-04:00https://www.thetrustedinsight.com/investment-news/saudi-agriculture-industry-shows-interest-in-solar-diesel-hybrids-20140923181/
Solar-diesel hybrid solutions may hold the answer to reducing fuel costs and increasing energy security for Saudi Arabia's agricultural sector. The poultry industry, in particular, could benefit from...
Egypt Likely to Lead Mideast Private Equity Rebound, Report Says
2014-07-15T11:11:10.559963-04:00https://www.thetrustedinsight.com/investment-news/8324-egypt-likely-to-lead-mideast-private-equity-rebound-report-says-20140715324/
The private equity sector in the Middle East and North Africa has been experiencing a rough ride since the global financial crisis engulfed the region five years ago....Last year was no different with the total number of private equity deals in the region declining to 66 from 101 in 2012, while the total value of those investments fell to $0.7 billion from $0.9 billion, according to the MENA Private Equity Association’s annual report on the industry.
US venture capital fund Fenox seeks Middle East start-ups
2014-06-25T16:48:01.255716-04:00https://www.thetrustedinsight.com/investment-news/8066-us-venture-capital-fund-fenox-seeks-middle-east-start-ups-20140625066/
With US$25 million in hand, the Silicon Valley venture capital fund Fenox is scouting for investment targets among Middle East start-ups. Based in San Jose, California, Fenox plans to spend the $25m in the region over the next 10 years.
Qatar Solar Energy's Grand Entrance Into Solar Market
2014-06-09T12:00:14.153151-04:00https://www.thetrustedinsight.com/investment-news/7776-qatar-solar-energys-grand-entrance-into-solar-market-20140609776/
Qatar Solar Energy (QSE), a Qatar-based renewable energy company, today entered the solar market with its announcement of the largest solar technology development and manufacturing facility in the ME...
Shale Markets, LLC - The Oil and Gas Industry Will Pay $19B for Valve Solutions in 2015 (Global)
2014-05-20T17:47:35.869105-04:00https://www.thetrustedinsight.com/investment-news/7466-shale-markets-llc-the-oil-and-gas-industry-will-pay-19b-for-valve-solutions-in-2015-global-20140520466/
...Global: The operators will pay $6 billion for these services next year. When the expenditures for valve repair parts and services are added, the total addressable market next year is $9 billion. T...
In-depth report on the Arab Uprising and MENA Political Instability: Implications for Oil and Gas Markets
2014-03-17T15:11:40.111675-04:00https://www.thetrustedinsight.com/investment-news/6359-in-depth-report-on-the-arab-uprising-and-mena-political-instability-implications-for-oil-and-gas-markets-20140317359/
A detailed report on how the political instability of the Arab world has implications in the energy sector and the reliability of it as a supplier to the world.
MENA Sustainable Agriculture Hinges on Public-Private Sector Partnership
2014-03-17T14:30:12.919852-04:00https://www.thetrustedinsight.com/investment-news/6347-mena-sustainable-agriculture-hinges-on-public-private-sector-partnership-20140317347/
JEDDAH - Investments in research, science, and technology will lay the foundation for improved agricultural productivity, reduced waste and a healthier and safer food supply in the Middle East and ...
Qatari Diar Chooses DC for US Office
2014-03-17T12:07:31.637117-04:00https://www.thetrustedinsight.com/investment-news/6330-qatari-diar-chooses-dc-for-us-office-20140317330/
Qatari Diar Real Estate Investment Company, a subsidiary of the Qatar Investment Authority, is opening up a regional office in Washington D.C. The office will enable Qatari Diar to pursue opportunities in the Americas.
Wintershall Partners with Abu Dhabi's Mubadala for MENA Energy Projects
2014-03-17T12:02:13.457609-04:00https://www.thetrustedinsight.com/investment-news/6329-wintershall-partners-with-abu-dhabis-mubadala-for-mena-energy-projects-20140317329/
"As we speak, there is a huge overlap of interest between Mubadala and Wintershall. We are very much interested in North Africa and Qatar, where Mubadala is already," Wintershall CEO Rainer Seele told The National.
Sovereign Wealth Fund Partnerships in Real Estate and Infrastructure Development Projects
2014-03-17T11:40:08.636537-04:00https://www.thetrustedinsight.com/investment-news/6328-sovereign-wealth-fund-partnerships-in-real-estate-and-infrastructure-development-projects-20140317328/
From 2008 to 2013, more than 70% of sovereign wealth fund joint ventures were with commercial firms...
Gulf Finance House Revives Tunisian Financial/Real Estate Park
2014-03-10T15:09:26.335036-04:00https://www.thetrustedinsight.com/investment-news/6212-gulf-finance-house-revives-tunisian-financialreal-estate-park-20140310212/
Bahrain's Gulf Finance House (GFH) will start building a $3 billion financial park and real estate development north of Tunisia's capital, a project that had been suspended for five years...
Al Salam Bank Launches First Sharia-Compliant REIT Fund
2014-03-10T12:56:24.511710-04:00https://www.thetrustedinsight.com/investment-news/6200-al-salam-bank-launches-first-sharia-compliant-reit-fund-20140310200/
Al Salam Bank — Bahrain (ASBB) announced the launch of Al Salam Asia REIT Fund, the world’s first Asian REIT fund that invests along Sharia. ASBB, an Islamic bank in Bahrain, will be the sponsor and seed investor for the Fund.
Tecom and MAF to build mall in Dubai's International Media Production Zone
2014-03-03T15:46:04.079163-05:00https://www.thetrustedinsight.com/investment-news/6073-tecom-and-maf-to-build-mall-in-dubais-international-media-production-zone-20140303073/
Tecom Investments, the Dubai business parks firm, has clinched a deal with the retailing and property conglomerate Majid Al Futtaim (MAF) to build a new 1 million square foot mall in the south of the...
Gulf Investor Interest Highlights Egypt's Retail Upside
2014-03-03T15:43:09.383949-05:00https://www.thetrustedinsight.com/investment-news/6072-gulf-investor-interest-highlights-egypts-retail-upside-20140303072/
Dubai-based retail group Majid Al Futtaim (MAF) has plans to invest around $2.3bn in Egypt over the coming years, its chief executive Iyad Malas told Reuters at the World Economic Forum in Davos. Malas said the plans were indicative of growing interest in the country from Gulf investors.