Company Insights Investcorp Banking & Finance Investcorp News Analysis Real Estate Investors size up Gulf student housing after US success Gulf entities have invested billions of dollars in student housing in the United States over the past few years, and are now considering making the same play locally. Accommodation for university students has become a hot asset class amid demographic growth fueled by the millennial generation, which recently passed the baby boomers to become the […] September 16, 2024 Real Estate Investcorp buys US student housing assets for $160m Investcorp, Bahrain’s alternative asset manager, has acquired two student housing properties in the US for $160 million, as university enrolment numbers surge. The two properties, the University of Florida in Gainesville and the University of Texas at Austin, have a combined 914 beds. The two universities are ranked among the top 10 public universities in […] July 12, 2024 Finance Global legal saga continues for Dubai entrepreneur Riad Tawfiq Al Sadik, a construction entrepreneur based in Dubai, must pay 85 percent of the legal costs incurred by Clyde & Co after his suit against the law firm was thrown out in April, a UK court ruled this week, according to a report from City AM. The case stemmed from Al Sadik’s staggering […] June 27, 2024 Education Alef Education shares drop 13% on first day Shares in Alef Education fell 12.6 percent after the company’s Abu Dhabi bourse debut on Wednesday. The education technology company had raised AED1.9 billion ($515 million) in an initial public offering (IPO) that was 39 times over-subscribed. The IPO was priced at AED1.35 ($0.37) a share, the upper limit of its range. However Alef’s shares […] June 12, 2024 Education Alef Education IPO 39 times oversubscribed Orders totalling more than $20 billion were placed at the IPO of Abu Dhabi’s Alef Education this week, leaving it 39 times over-subscribed. The company raised AED1.9 billion ($515 million) in its initial public offering, the company said on Thursday. It will become the first education technology business to list on a UAE stock exchange. […] June 6, 2024 Markets Stock prices of Gulf companies surge after IPOs Most Gulf companies that completed initial public offerings (IPOs) recently have seen their market capitalisation soar, with issuers pricing flotations adroitly to bolster investor demand for their stocks after listing. From the start of 2023 there have been 20 Gulf IPOs that raised at least $100 million. Combined, these sold $11.2 billion of shares. As […] May 28, 2024 Tech Investcorp buys Indian tech company for $120m Bahrain’s alternative asset manager, Investcorp, is to acquire the digital technology business of India’s National Stock Exchange (NSE) for $120 million. NSEIT provides advanced digital transformation and cybersecurity services to global customers in capital markets, insurance and banking in India, North America and the Middle East. The services include digital engineering, data and analytics, artificial intelligence, cloud services […] April 30, 2024 Trade UK election adds urgency to GCC trade talks An imminent general election in the UK and a potential change of government has accelerated pressure on negotiators to resolve talks about a GCC trade deal. Talks between the six countries of the Gulf Cooperation Council – the UAE, Saudi Arabia, Bahrain, Qatar, Oman and Kuwait – and the UK are almost two years old. […] April 25, 2024 Transport Investcorp to invest in $4.2bn JFK terminal 6 overhaul Investcorp Capital, an alternative investment company listed on the Abu Dhabi bourse, will help fund the $4.2 billion redevelopment of terminal 6 at New York’s JFK International Airport. The investment will flow through Investcorp Corsair Infrastructure Partners, a joint venture formed with New York-headquartered Corsair Capital. The investment amount was not disclosed. NewsletterGet the Best […] April 4, 2024 Logistics Investcorp to strengthen US presence with $526m venture Bahrain’s alternative asset manager, Investcorp, has unveiled a new $526 million venture to acquire industrial real estate assets in the United States. The venture has been set up with two unidentified sovereign wealth funds, mirroring a similar strategy launched in November 2021. The three entities have committed over $1 billion of investment over the past […] March 21, 2024 Posts navigation Previous 1 2 3 … 6 Next
Analysis Real Estate Investors size up Gulf student housing after US success Gulf entities have invested billions of dollars in student housing in the United States over the past few years, and are now considering making the same play locally. Accommodation for university students has become a hot asset class amid demographic growth fueled by the millennial generation, which recently passed the baby boomers to become the […] September 16, 2024
Real Estate Investcorp buys US student housing assets for $160m Investcorp, Bahrain’s alternative asset manager, has acquired two student housing properties in the US for $160 million, as university enrolment numbers surge. The two properties, the University of Florida in Gainesville and the University of Texas at Austin, have a combined 914 beds. The two universities are ranked among the top 10 public universities in […] July 12, 2024
Finance Global legal saga continues for Dubai entrepreneur Riad Tawfiq Al Sadik, a construction entrepreneur based in Dubai, must pay 85 percent of the legal costs incurred by Clyde & Co after his suit against the law firm was thrown out in April, a UK court ruled this week, according to a report from City AM. The case stemmed from Al Sadik’s staggering […] June 27, 2024
Education Alef Education shares drop 13% on first day Shares in Alef Education fell 12.6 percent after the company’s Abu Dhabi bourse debut on Wednesday. The education technology company had raised AED1.9 billion ($515 million) in an initial public offering (IPO) that was 39 times over-subscribed. The IPO was priced at AED1.35 ($0.37) a share, the upper limit of its range. However Alef’s shares […] June 12, 2024
Education Alef Education IPO 39 times oversubscribed Orders totalling more than $20 billion were placed at the IPO of Abu Dhabi’s Alef Education this week, leaving it 39 times over-subscribed. The company raised AED1.9 billion ($515 million) in its initial public offering, the company said on Thursday. It will become the first education technology business to list on a UAE stock exchange. […] June 6, 2024
Markets Stock prices of Gulf companies surge after IPOs Most Gulf companies that completed initial public offerings (IPOs) recently have seen their market capitalisation soar, with issuers pricing flotations adroitly to bolster investor demand for their stocks after listing. From the start of 2023 there have been 20 Gulf IPOs that raised at least $100 million. Combined, these sold $11.2 billion of shares. As […] May 28, 2024
Tech Investcorp buys Indian tech company for $120m Bahrain’s alternative asset manager, Investcorp, is to acquire the digital technology business of India’s National Stock Exchange (NSE) for $120 million. NSEIT provides advanced digital transformation and cybersecurity services to global customers in capital markets, insurance and banking in India, North America and the Middle East. The services include digital engineering, data and analytics, artificial intelligence, cloud services […] April 30, 2024
Trade UK election adds urgency to GCC trade talks An imminent general election in the UK and a potential change of government has accelerated pressure on negotiators to resolve talks about a GCC trade deal. Talks between the six countries of the Gulf Cooperation Council – the UAE, Saudi Arabia, Bahrain, Qatar, Oman and Kuwait – and the UK are almost two years old. […] April 25, 2024
Transport Investcorp to invest in $4.2bn JFK terminal 6 overhaul Investcorp Capital, an alternative investment company listed on the Abu Dhabi bourse, will help fund the $4.2 billion redevelopment of terminal 6 at New York’s JFK International Airport. The investment will flow through Investcorp Corsair Infrastructure Partners, a joint venture formed with New York-headquartered Corsair Capital. The investment amount was not disclosed. NewsletterGet the Best […] April 4, 2024
Logistics Investcorp to strengthen US presence with $526m venture Bahrain’s alternative asset manager, Investcorp, has unveiled a new $526 million venture to acquire industrial real estate assets in the United States. The venture has been set up with two unidentified sovereign wealth funds, mirroring a similar strategy launched in November 2021. The three entities have committed over $1 billion of investment over the past […] March 21, 2024
