$200M
Fund Launch
- Saudi Arabia
- October 31, 2024
Saudi Arabia-based BIM Ventures and Japan's SBI Holding have launched BIM Capital, a joint venture focused on ..Read More
Saudi Arabia-based BIM Ventures and Japan's SBI Holding have launched BIM Capital, a joint venture focused on expanding growth opportunities across Saudi Arabia and the Middle East. BIM Capital will invest in private equity, venture capital, debt funds, and real estate development, aiming to attract over $200 million in foreign direct investment (FDI) and achieve assets under management (AUM) exceeding $2 billion.
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$100M
Growth Capital
- UAE
- October 29, 2024
UAE-based Gulf Islamic Investments (GII) has secured an additional $100 million in growth capital to boost pri ..Read More
UAE-based Gulf Islamic Investments (GII) has secured an additional $100 million in growth capital to boost private equity opportunities across Saudi Arabia and the GCC. Investors include the Al Nahdi family office, Sharjah's Shurooq, and existing GII stakeholders. Founded in 2014 by Mohammed Alhassan and Pankaj Gupta, GII is a Shariah-compliant investment firm managing over $4.5 billion in assets.
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