Abu Dhabi investment firm Chimera Investments announced investment in Zoi Meet, a Dutch startup based in Rotterdam, The Netherlands.
Chimera Investments is part of Abu Dhabi's Royal Group, a conglomerate comprising over 60 entities and employing 20,000 employees. Syed Basar Shueb is Chairman, and Ahmed Mohamed Al Dehaim and Majed Fuad Mohammed Odeh are servings as their director. (Zoi Meet startup Founded in 2019 and specializes in speech recognition and AI technology. The amount is not disclosed but their pre-seed fundraising has been for $180,000.)
Chimera Investments is listed in the Middle East Investors Directory with the code SY24.
UAE investors of International Holding Company announced investment of $51 million in Oxford Nanopore Technologies, a UK-based firm that specializes in DNA sequencing technology.
Abu Dhabi's IHC, listed on Abu Dhabi Securities Exchange, has operations in the UAE, Middle East, Europe, and North America through its 12 subsidiaries. The company invests in a number of sectors such as real estate, manufacturing and financial services. (Oxford Nanopore has developed and commercializes a new generation of DNA/RNA sequencing technology. The palm-sized portable MinION device, and desktop GridION and PromethION devices. Most recently, Oxford Nanopore has developed the LamPORE COVID-19 test).
IHC is listed in the Middle East Investors Directory with the code MJ97.
Waha Capital, an Abu Dhabi-listed investment company, invests $50 million in Despegar, an online travel agency in Latin America.
Despegar is an online travel company in Latin America with over two decades of business experience and operating in 20 countries in the region. Waha Capital manages assets in five strategic sectors including offshore oil and gas services, aircraft leasing, financial services, healthcare and Infrastructure from 1997. In December 2019, the company had total assets of $2.5 billion under management.
Waha Capital is listed in the Middle East Investors Directory with the code OR56.
Abu Dhabi private equity firm Gulf Capital has acquired majority stake in sport-based products and supplements marketplace Sporter.com.
Sporter.com's offering comprises some global nutrition brands and it is benefiting from the general surge of online shopping in the Middle East. (The value of the deal is not disclosed, but it is part of $135 million that Gulf Capital is investing in technology and e-commerce platforms).
Gulf Capital is listed in the Middle East Investors Directory with the code OR26.
More details follows
A consortium of investors including UAE and Saudi investors have acquired a $105 million stake in US private jet firm Jet Smarter.
UAE investment firm KBBO Group, Qatar investment firm Challenger Universal, and Saudi royal family are among the investors in this $105 million funding round. JetSmarter is a mobile marketplace that connects travelers to private jets from their smartphones.
KBBO Group is listed in the Middle East Investors Directory with the code SINOC16.
More details follows from Bloomberg
Waha Capital, an Abu Dhabi based investment firm, has invested $76 million in New York-listed AerCap Holdings.
Waha Capital has acquired 2.04 million shares as part of an open market share purchase program in January. It has been a shareholder in AerCap Holdings since 2010 and has around 15 percent stake. AerCap is a global leader in aircraft leasing and finance with approximately $44 billion of assets. (As DubaiBeat.com reported back in 2009, Waha had plans for around $1 billion of acquisitions and now has stakes in firms like Stanford Marine Group, Dunia Finance and Anglo Arabian Healthcare).
Waha Capital is listed in the Middle East Investors Directory with the code OR56.
More details follows:
Rasmala, a Middle Eastern investment firm listed in London, and Gulf Islamic Investments (GII), an investment firm based in UAE, has acquired an Airbus office complex in the UK for $42 million.
The property is located in Celtic Springs Business Park in Newport, Cardiff, and are entirely let to Airbus Defense and Space, a division of Airbus Group. Rasmala and GII have plans to acquire real estate assets in the UK, Europe and United States in 2016.
Rasmala is listed in the Middle East Investors Directory with the code OR48.
More details follows
Abu Dhabi Financial Group (ADFG), a UAE based investment firm, has invested in The Capital Plaza, the largest mixed-use real estate development in Montenegro.
Located in the heart of Podgorica, Montenegro's capital city, The Capital Plaza, is occupying over one million square feet of retail, business, hospitality and residential space. Founded in January 2011, Abu Dhabi Financial Group ADFG is an investment firm investing across a variety of sectors and geographies typically with a ticket size of $50 million to $300 million.
ADFG is listed in the Middle East Investors Directory with the code SIN1409.
More details follows