Gate Capital Weekend Brief

Issue 482

24-30 June 2021

In this issue Alpha Dhabi to list on ADX Bahrain’s Investcorp invests… with… Bahrain-based Investcorp, a leader in

Alpha Dhabi to list on ADX with $2.72bn alternative investment products, has paid-in-capital Alpha Dhabi Holding (ADH) announced its intention to proceed with an IPO and invested in Heritage Foods,… Bahrain’s Investcorp invests in Heritage listing of its ordinary… Foods Read more UAE's Mumzworld acquired by Saudi's Trade Arabia Tamer Group Read more 30.06.2021 Arab News Aramco awards East-West Pipeline 25.06.2021 compounds contract Saudi unveils new transport, logistics strategy; eyes $12bn sector revenue

Mubadala and Bpifrance sign deal to co- UAE's Mumzworld acquired by Saudi's Tamer Group invest in Africa Saudi-based Tamer Group acquires a majority stake in Mumzworld, the UAE-based Adnoc to Eye Masdar Stake in Abu Dhabi Renewables Deal mother, baby and child… Al Ghurair Investment acquired Dubai- based Edible Oil Company Read more India’s Reliance Said to Invest in Abu Zawya Dhabi Petrochemicals Hub 28.06.2021

GFH acquires FedEx-leased warehouse in Ohio for $100m

Australia's Afterpay takes stake in UAE- based firm Postpay Aramco awards East-West Saudi unveils new transport, Pipeline… logistics… UAE’s Shorooq Partners acquires Bahrain’s Autarky Capital

Saudi Arabia’s STV leads $27.5m Floward funding

Janssen pharma signs deal with Saudi Arabia's Ministry of Investment

Sumou Real Estate acquires 10% of Tanal worth SAR 68 mln

Saudi mortgage firm buys portion of ANB’s housing finance portfolio

iWire raises $34 million Series A round Read more Read more Argaam Trade Arabia 28.06.2021 30.06.2021

Mubadala and Bpifrance sign Adnoc to Eye Masdar Stake in Al Ghurair Investment deal to co-invest… Abu Dhabi Renewables… acquired Dubai-based…

Abu Dhabi’s Mubadala Investment Abu Dhabi National Oil Co. is considering Al Ghurair Investment, the leading Company and France’s national investment an investment in renewable energy diversified UAE family business, today bank Bpifrance signed an agreement to developer Masdar, in what could be one of announced the signing of a share purchase launch a new co-investment partnership the green power industry’s largest deals this agreement to acquire a 100 percent stake in focused on African private equity. year, people familiar with the matter said. Edible Oil Company LLC, one of the leading multi-seed crushing plants in the Middle East, from Dubai Investments Industries (DII).

Read more Read more Read more The National Bloomberg Zawya 30.06.2021 30.06.2021 29.06.2021

India’s Reliance Said to Invest GFH acquires FedEx-leased Australia's Afterpay takes stake in Abu… warehouse in Ohio… in UAE-based…

Reliance Industries Ltd. is set to invest in Bahrain’s GFH Financial Group acquired a United Arab Emirates-based buy now, pay petrochemical facilities in Abu Dhabi, US warehousing and distribution logistics later firm Postpay on Monday said it had according to people familiar with the centre for $100 million, as it continues to raised $10 million through an equity matter, as it strengthens energy ties with the expand its industrial property assets. investment by Australia's Afterpay and an Middle East. Afterpay-backed investment vehicle.

Read more Read more Read more Bloomberg Quint The National Zawya 29.06.2021 26.06.2021 28.06.2021

UAE’s Shorooq Partners Saudi Arabia’s STV leads Janssen pharma signs deal with acquires Bahrain’s… $27.5m Floward… Saudi Arabia's…

UAE-based venture capital firm Shorooq Saudi Arabia’s STV has led a $27.5 Saudi Arabia's Ministry of Investment Partners has acquired Bahrain-based million Series B funding round for Floward, signed an agreement with Janssen, a investment and advisory firm Autarky the rapidly expanding online flowers and pharmaceutical company owned by Johnson Capital for an undisclosed sum. gifts delivery company. & Johnson, to set up a partnership to co- develop a range of activities over the next five years.

Read more Read more Read more Wamda Arab News The National 28.06.2021 27.06.2021 30.06.2021

Sumou Real Estate acquires Saudi mortgage firm buys iWire raises $34 million Series 10% of Tanal… portion of ANB’s… A round

Sumou Real Estate Co. announced today, The Saudi Real Estate Refinance Company iWire, a UAE-based Internet of Things June 28, the acquisition of a 10% stake in (SRC), the mortgage finance giant owned (IoT) startup, has raised a $34 million Tanal Real Estate Development and by the Kingdom’s sovereign wealth fund, Series A funding round, led by Noor Investment Co. valued at SAR 68.055 the Public Investment Fund (PIF), said on Capital, with participation from Bpifrance. million, according to a bourse filing Tuesday that it had bought a “significant portion” of the housing finance portfolio owned by Arab National Bank (ANB).

Read more Read more Read more Argaam Arab News Wamda 28.06.2021 29.06.2021 29.06.2021

Mubadala’s Yahsat aims to Alkhabeer REIT Fund Enova eyeing $445m Saudi raise up to… completes acquisition… energy, FM market

State investor Mubadala’s satellite Alkhabeer Capital, fund manager of Digital transformation and energy company Yahsat has set an indicative price Alkhabeer REIT Fund, announced that it efficiency and conservation will boost range for its initial public offering which completed on June 27, the acquisition of Enova’s attainable share of multi-technical shows it could raise up to 2.976 billion Vision College for Education, according to service contracts in Saudi Arabia’s $445 dirham ($810 million) in the IPO, a a bourse filing. million energy and facilities management newspaper advertisement showed. market.

Read more Read more Read more Arab News Argaam Trade Arabia 27.06.2021 28.06.2021 30.06.2021

Market Indicators

Purchasing Manager's Index (PMI) S&P GCC Composite & MSCI World Indices

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