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The storms that blew Abraaj off course – timeline

The emerging markets specialist has suspended fundraising for its global fund and has released LPs from their commitments. What could this mean for the wider market?

Abraaj pauses fundraising as founder steps aside

The emerging markets firm has halted fundraising and capital deployment as Arif Naqvi hands over leadership to two co-heads.

Abraaj continues global fundraise amid claims of capital misuse

The emerging markets-focused firm has no plans to pause fundraising on its $6bn private equity fund as it awaits an auditor's report on its 2015-vintage health fund.

Bahrain’s Investcorp mulls infra business launch

Hazem Ben-Gacem, head of European private equity, said the firm might look at acquiring an existing infra business.

Islamic finance is underused in infra. Can that change?

Islamic finance has been rapidly growing, but Muslim-majority countries are still facing some of the world’s worst infrastructure shortfalls.

Islamic finance falling short in PPP space

At a conference held by the World Bank Group Thursday, officials discussed the challenge of tapping the $2trn market for Shariah-compliant finance to boost infra.

Prostar expands oil terminal portfolio in Port of Fujairah

The US fund manager acquired its second oil terminal in the UAE port.

Finnish renewables vehicle buys into €210m Jordanian solar site

The 200MW Baynouna project will be the largest of its kind in the country and is the second investment by the Solar Wind fund.

AIIB approves $490m non-sovereign financings

The Beijing-based lender is making its first investment in China’s power sector, while mobilising private sector capital with a syndicated senior loan for a telecoms project in Oman.

IFM raises $6.5bn for global equity and debt

Twenty-nine investors from Europe and the Middle East contributed $2.15bn to the total over the past year-and-a-half.

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