United Al Saqer Group, an Abu Dhabi-based investment group, has acquired stake in Double Negative (DNEG), a British-Indian visual effects and animation studio for $200 million.
Founded in London in 1998, DNEG is a British-Indian visual effects, computer animation and stereo conversion company. It has seven Academy Awards, three Primetime Emmy Awards, and seven BAFTA awards for works such as Interstellar, Inception, and Dune. (Estasblished in 1988, UASG is an Abu Dhabi based private equity firm that manages a diverse portfolio that includes automobile, finance, real estate, construction, travel and hospitality.)
UASG is listed in the Middle East Investors Directory with the code AJ81.
Dubai Investments, an investment company listed on the Dubai Financial Market, has acquired additional stake in Monument Bank, a UK-based regulated digital bank, increasing its holding to 16.93 percent.
Launched in 2021, Monument Bank has opened more than 10,000 accounts for wealthy savers, with account balances averaging over £60,000. (Dubai Investments is incorporated in 1995 and has invested heavily outside of UAE. Mr Khalid Kalban sits on the board of Monument)
Dubai Investment is listed in the Middle East Investors Directory with the code OR191.
What we like about the deal:
Monument Bank recently concluded its Series B round of investments raising over £40 million, backed by a combination of existing and new investors and since inception has raised a total of over £103 million
Job of the day:
on CFA Institute website a firm funded by a UAE family office is hiring an Investment Associate See more
UAE-based corporate venture arm of Crescent Enterprises Ventures has invested $16 million in two American medtech firms ColubrisMX and XCath.
ColubrisMX is a Houston-based micro-robotic medical device enterprise. XCath is developing steerable robotic microcatheters which will be used in treating cerebral strokes and other endovascular conditions. (Launched in November 2017, Crescent Enterprises Ventures, or CE-V, is the corporate venture arm of Crescent Enterprises. The UAE-based company operates in sectors such as ports and logistics, power and engineering, business aviation and healthcare.) More details here.
Crescent Enterprises is listed in the Middle East Investors Directory with the code SIJ60.
Abu Dhabi Investment Authority has acquired Australia’s largest hotels owner, Tourism Asset Holdings, for $740 million - adding 31 properties to its real estate portfolio.
The portfolio is and will continue to be operated by Accor and includes hotel brands such as Pullman, Novotel, Mercure, Ibis, Ibis Styles and Ibis Budget. The transaction was valued at about $740 million, the Australian newspaper and the Australian Financial Review newspapers reported.
Abu Dhabi Investment Authority (ADIA) is listed in the Middle East Investors Directory with the code BD43.
More details follows
We love the international appetite of investors from the Middle East: after the collapse of former carrier of Hungary, Malev in 2012, now a new airline called Solyom is being formed with the help of two major investment firms from Oman and UAE.
The company mentions it all started "when an e-mail was sent to a potential investor on February 6, 2012". Now Solyom mentions "a tourism enterprise registered in Oman" and "a well-capitalized investor with extensive international relations registered in Dubai" as its two strategic investors. It is planning to fly to 31 destinations in 2013, 51 destinations in 2014, and 96 destinations by 2017.
To see listing and contact emails of investment firms from the Middle East check our Middle East Investors Directory.
More details follows:
A consortium of international property investors including Abu Dhabi Investment Council have agreed to buy a prominent Tokyo office building for $1 billion.
It will be Japan's biggest property investment including foreign investors since the 2008-09 global financial crisis. The group, led by property investor Asia Pacific Land, includes Abu Dhabi Investment Council, Japan's Secured Capital Investment Management Co and C.V. Starr & Co Inc, which is run by the billionaire former chief executive of American International Group - Reuters is reporting.
Abu Dhabi Investment Council is listed in the Middle East Investors Directory with the code EM01.
More details follows from Reuters
Genero Capital, a Dubai-based investment company, has reported profit for last year and also announced three investments that they made in 2012 in financial services, restaurant retailing and commercial real estate.
Genero Capital, with Tamer Bazzari as founder and CEO, announced a net profit of around $600,00 for the 8 months ending December 2011. Prior to founding Genero, Mr. Bazzari spent 8 years with Rasmala Investment Bank.
To see more investment firms like Genero check our Middle East Investors Directory
More details follows
Takaful Emarat, the UAE-headquartered Shariah-compliant insurance company, is joining forces with Saudi Arabia's Riyad Capital to launch a $5.3 million Shariah-compliant global equity investment fund.
The Fund is designed to be a long-term saving venture with a high degree of capital protection that may be exercised at any valuation. The new Capital Protected Fund offers 90% of the highest net asset value protected at all time. The Fund is a global fund and is linked to the performance of selected Shariah-compliant stocks, chosen for their high cash flow and low debt to equity ratio.
Riyad Capital is listed in the Middle East Investors Directory with the code BFD110
More details follows: