Investcorp Raised More Than $7 Billion in Fiscal 2026, Beating Targets Despite the War, Kapoor Says

Bahrain-based Investcorp raised more than $7 billion in its fiscal year to June 30 and ended the period with $64 billion in assets, ahead of its targets, its chief investment officer said.

Saudi Industrial Investment Group Third-Quarter Profit Rises to SR90 Million From SR8 Million on Joint Venture Earnings

Saudi Industrial Investment Group's third-quarter net profit rose to SR90 million from SR8 million as its share of joint venture earnings increased.

Dubai Refreshment Nine-Month Profit Rises 17.7% to AED147.8 Million as Revenue Before Excise Grows 12%

Dubai Refreshment's nine-month profit rose 17.7% to AED147.8 million, while revenue before excise tax increased 12.2% to AED748.0 million.

UAE Startups and Innovators: Rentify, an AI Operating Platform for Rental Property

Dubai-based Rentify, which raised $2 million in seed funding in June, has launched Ally, an AI agent that handles rental maintenance requests from a tenant's WhatsApp message to the final invoice.

Investcorp Raised More Than $7 Billion in Fiscal 2026, Beating Targets Despite the War, Kapoor Says

Bahrain-based Investcorp raised more than $7 billion in its fiscal year to June 30 and ended the period with $64 billion in assets, ahead of its targets, its chief investment officer said.

Finacial

What's happening now?

Explore more articles

Most Viewed

Recommended for you

Oman Promotions Scheme Allocates OMR 10 million for Civil Servant Career Advancement Across Government Institutions

Oman promotions will receive OMR 10 million under a new system for civil servants. The Ministry of Labour introduced the framework during a media briefing in Muscat. The scheme covers government employees across the state’s administrative institutions....

Duqm Power Plant Contract Highlights Oman’s Commitment to Modern Energy and Infrastructure Development

Muscat, Oman: Oman has advanced a major energy project after awarding a $350 million contract. The Duqm power plant contract marks a new step for the country’s...

Bahrain Bourse Sees Active Trading with Financial Sector Leading the Surge

The Bahrain Bourse sees active trading as investors exchanged millions of shares on Tuesday, showing strong interest in domestic stocks. The Bahrain All Share...

Iraq Secures Solar Power Boost in Sinjar with Major Housing Project

Iraq has taken a big step forward in its renewable energy efforts. Ard Almasalh recently secured a contract to supply and install solar panels...

Saudi Arabia Sets 90-Day Timeline for Landlord-Tenant Regulation Review

Saudi Arabia has launched a focused plan to strengthen landlord-tenant regulation. Crown Prince Mohammed bin Salman has directed a comprehensive study to improve rental...

Oman’s Salalah Resilience Recognition Under MCR2030 Highlights Progress in Sustainable Tourism and Planning

Salalah resilience marks a major milestone for Dhofar as Salalah gains global recognition under the MCR2030. Moreover, this achievement highlights strong progress in sustainability and...

Commercial Bank Qatar Rating Affirms Strong Outlook

Fitch Ratings has confirmed Commercial Bank Qatar’s rating at ‘A’ with a stable outlook. The rating shows confidence in the bank’s stability and growth...

Bahrain’s BBK and Solidarity Finalize BD58m Murabaha Deal

Bahrain’s BBK and Solidarity finalize BD58m Murabaha deal to support a major insurance sector acquisition. The Bank of Bahrain and Kuwait (BBK) has signed...

Kurdistan Gas Strategy Sparks Global Investment Surge

Kurdistan’s gas strategy is transforming Iraq’s energy sector, signaling a shift in regional influence and investment patterns. It also highlights new deals that enhance...

Basra Pipe Manufacturing Complex Planned with Major Indian Investment

Plans are advancing for a Basra pipe complex backed by a potential Indian investment. The project could manufacture pipes for oil, gas, and water networks. It could also support infrastructure projects across Iraq. Discussions between Iraqi officials and an...