Middle East & North Africa Archives

Middle East & North Africa

Jada Fund of Funds enters private credit market with $250m investment in Ruya Partners

Jada Fund of Funds has revealed its initial venture into the private credit sector, investing in Ruya Partners' US$250 million (SAR 938 million) fund. The move highlights Jada's approach to supporting small and medium enterprises (SMEs) in the Kingdom of Saudi Arabia and the broader region, ac...

November 28

James Nunns

DigitalBridge’s wholly owned unit seals Landmark deal with ADIA for strategic expansion

A wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) will acquire a 40% stake in DigitalBridge Group, Inc.-sponsored Landmark Dividend LLC (Landmark), a player in real estate and infrastructure development, specialising in wireless communication, digital infrastructure, outdoor advertising, and renewable power industries. This acquisition reflects Landmark...

November 26

James Nunns

Khazna Data Centers, Benya Group to invest $250m in Egypt’s first hyperscale facility

Khazna Data Centers and Benya Group formalized the Shareholders Agreement to bring the first hyper-scale data center to Egypt. The agreement was signed during a ceremony held on the first day of the Cairo ICT 2023 event. The agreement was signed by Hassan Alnaqbi, CEO of Khazna Data Centers and Eng. Ahmed Mekky, Chairman and CEO of Benya Group. The occasion was witn...

November 22

TTC Newsroom

Touchdown 2023: Middle East leaders hail strong data centre market growth poised to edge $8bn

The digital infrastructure market in the Middle East has seen significant growth in recent years, driven by digital initiatives in countries such as UAE, Saudi Arabia, Bahrain and Qatar, according to industry leaders speaking at the Touchdown Middle East (TDME) 2023 in Manama. Equinix’s (NASDAQ: EQIX) Managing Director, Middle East & North Africa Kamel Tawil pointed o...

November 21

João Marques Lima