Home » Dubai Investors »

|| UAE PE firm acquired stake in an oil & gas private firm for $25 million

Kuwait Energy Millennium Millennium Private Equity, one of the private equity firms in the UAE, announced an investment of $25 million in Kuwait Energy Company, the Middle East-based independent exploration and production company.

What percentage of an oil & gas company do you get with $25 million? It is not mentioned in their announcement, but according to a Kuwaiti newspaper, they got 3.2%.

How is the company doing financially? This is how part of their balance sheet and income statement looks like according to reports obtained by DubaiBeat.com. (Amounts in Kuwaiti Dinar)

Previous Post: The UK publicly traded company acquired Abu Dhabi firm for $19 million
Next Post: DubaiBeat.com an official supporting organization of “The Latin American Mid-East Investors Forum”

More from Dubai Investors ...

  Dubai firm DP World acquires $50 million stake in Virgin Hyperloop (September 2018)

  Dubai firm acquired Denmark logistics company for $762 million (August 2018)

  Dubai investors of ICD acquired 25% of Italian firm CAI (July 2018)

  Middle East investors acquired stake in online firm Bloovo.com for $3 million (June 2017)

  Dubai investors of GII acquired stake in Canadian firm Nymi for $15 million (May 2017)

  Dubai firm acquired 51% of fashion website Namshi for $151 million (May 2017)

  Middle East investors acquired Amazon's largest UK distribution warehouse for $76 million (April 2017)

  Dubai private equity firm invested $50 million in South American home designer (March 2017)

  Dubai deVere Group acquires private bank in the Caribbean (February 2017)

  Dubai investment firm acquired California shopping center Poinsettia Plaza (February 2017)

|| About Us

Established in 2007, DubaiBeat.com provides insight, analysis and research on Middle East investors.

We cover different asset class investors like private equity, venture capital, hedge funds and real estate investors from the Middle East and broader MENA region.

|| Subscribe

Copyright 2007-2019 DubaiBeat.com    Sitemap  |  Terms  |  Privacy Policy

Follow us: RSS Feed   Facebook    Twitter