🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
US' Golub Capital to set up base in Abu Dhabi
VCCircle
·
8m ago
Medial
US lender Golub Capital is set to open an office in Abu Dhabi, joining a growing list of firms looking to expand their business in the region and form ties with wealth funds. The company, which has more than $70bn of assets under management, has received preliminary approval for a licence to operate out of the Abu Dhabi Global Market centre. The move follows the decision by sovereign wealth funds to invest in the Middle East and the presence of an attractive regulatory environment.
View Source
Related News
General Atlantic planning to open office in Abu Dhabi
VCCircle
·
10m ago
Medial
General Atlantic, a New York-based private equity firm, plans to open an office in Abu Dhabi by the end of the year, according to sources. The firm has received preliminary approval for a license to operate in the Abu Dhabi Global Market. The final approval is expected to be granted by the end of 2024. General Atlantic's move follows other asset managers and hedge funds that have set up in the UAE capital's financial centre, attracted by opportunities to deepen relationships with sovereign wealth funds. General Atlantic is being supported by asset manager Mubadala Capital.
View Source
Abu Dhabi sets out measures to help business get away from oil
VCCircle
·
8m ago
Medial
Abu Dhabi, the capital of the United Arab Emirates, has unveiled measures to simplify business processes in its efforts to diversify the economy away from oil. The city emirate announced the creation of a centralised business registry authority, the Abu Dhabi Registration Authority, which will serve as the single point for business registration. The move comes as Abu Dhabi, like other oil-exporting regions, seeks to expand into sectors such as tourism, logistics, manufacturing, and industry to drive future economic growth. The emirate's non-oil GDP grew by 6.6% in Q2 2024.
View Source
Former Indian cricketer set to start new innings with VC fund for sports ventures
VCCircle
·
8m ago
Medial
A former Indian cricketer is launching a venture capital fund for sports ventures. The fund will be based in Abu Dhabi and has received approval from the regulator of the Abu Dhabi Global Market. The cricketer, who enjoyed a successful international career, will be entering a new chapter in his entrepreneurial journey by supporting startups in the sports industry.
View Source
Former Indian cricketer sets up sports-focused VC fund in Abu Dhabi
VCCircle
·
8m ago
Medial
A former Indian cricketer is launching a venture capital fund in Abu Dhabi focused on sports. The fund has been given approval by the regulator of the Abu Dhabi Global Market. The fund aims to invest in startups and companies operating in the sports industry. Further details about the fund, including its investment strategy and size, are yet to be disclosed.
View Source
Turkey-focused Mediterra Capital hits exit button on tech bet in secondary deal
VCCircle
·
1y ago
Medial
Mediterra Capital, a private equity firm based in Amsterdam, is preparing to exit its investment in a data backup solutions provider in Turkey. The firm is set to sign a deal to sell its stake to a subsidiary of an Abu Dhabi-based tech conglomerate. This investment had been held for six years. Mediterra Capital specializes in backing small and mid-sized companies in Turkey.
View Source
NPCI to sign pact with Al Etihad Payments of UAE for cross-border transactions
Economic Times
·
1y ago
Medial
NPCI International Payments Ltd is set to sign an agreement with Al Etihad Payments in Abu Dhabi to enable cross-border transactions. The memorandum of understanding aims to develop the UAE's domestic card scheme based on India's RuPay debit and credit card stack. The agreement will be signed in the presence of India's commerce and industry minister, Piyush Goyal, during his visit to Abu Dhabi, where he will co-chair the eleventh meeting of the India-UAE High-Level Task Force on Investments.
View Source
BlackRock, KKR sell stake in ADNOC assets to Abu Dhabi's Lunate
VCCircle
·
1y ago
Medial
Abu Dhabi-based investor Lunate has acquired a 40% stake in the entity that leases Abu Dhabi National Oil Company's (ADNOC) oil pipelines from private equity firms BlackRock and KKR. The terms of the deal were not disclosed, but it marks a return of the stake to local hands after being purchased by the two US funds for $4bn in 2019. This move aligns with Abu Dhabi's strategy to create a national champion in the alternative investments sector with Lunate, which manages $105bn of assets and is part of a business empire owned by Sheikh Tahnoun bin Zayed Al Nahyan.
View Source
Alpha Dhabi Holding to sell stake in oilfield services firm to JV with ADNOC Drilling
VCCircle
·
1y ago
Medial
Alpha Dhabi Holding, a subsidiary of Abu Dhabi's International Holding Company (IHC), plans to sell its controlling stake in an oilfield services firm to the joint venture it formed with ADNOC Drilling, a unit of Abu Dhabi National Oil Company. The joint venture, called Enersol, will purchase Alpha Dhabi Holding's stake in the company.
View Source
Capital Group offloads 4.3% stake in SIS for Rs 258 Cr
YourStory
·
1y ago
Medial
On Wednesday, Capital Group, a financial services company, sold a 4.3% stake in cash logistics solutions provider SIS for over Rs 258 crore. The shares were sold through open market transactions, with Abu Dhabi Investment Authority purchasing shares in the company. Capital Group's affiliates, Smallcap World Fund and American Funds Insurance Series Global Small Capitalization Fund, sold a total of 62,26,115 shares at Rs 415 per share. Additionally, Abu Dhabi Investment Authority Stable and 360 One Mutual Fund bought 51.79 lakh shares, amounting to a 3.6% stake, for Rs 214.95 crore.
View Source
Dubai and Abu Dhabi race to lure world's wealth managers
VCCircle
·
9m ago
Medial
Abu Dhabi is making a name for itself as a desirable location for wealthy individuals and asset managers, rivaling Dubai as a leading financial center in the United Arab Emirates (UAE). While Dubai has traditionally been the region's financial hub, Abu Dhabi is actively diversifying its economy and leveraging its significant oil wealth to attract non-oil industries and investment. This shift has led to an influx of money managers and hedge funds, as well as major asset management firms setting up operations in Abu Dhabi. The city's regulatory environment and its ambition to become a global center for the crypto industry are also drawing investors. However, Dubai still maintains an advantage with its long-established international finance industry, vibrant entertainment scene, and iconic landmarks.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
