Arif Sharif
Stories by Arif Sharif
Blackstone said to mull selling stake in Dubai-based school operator GEMS
Fajr Capital Ltd., Bahrain’s sovereign wealth fund Mumtalakat and the Varkey Group are also considering selling some or all of their holding in the
Abraaj Fund investors said to hire advisers for debt recovery
The New York-based company will represent Abraaj Private Equity Fund IV’s backers in talks with liquidators as they seek to recover more than $99 mi
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