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UAE-based investment firms Alpha Dhabi Holding and IHC will make AED367 million ($100 million) and AED183 million investments, respectively, into Borouge’s initial public offering (IPO) as cornerstone investors.
UAE-based investment firms Alpha Dhabi Holding and IHC will make AED367 million ($100 million) and AED183 million investments, respectively, into Borouge’s initial public offering (IPO) as cornerstone investors.
Alpha Dhabi's investment in the fund involves a capital contribution of Dhs2.6bn and undrawn capital commitment of Dhs6.6bn.
Alpha Wave Ventures II fund will commit to multi-stage firms in AI, fintech and more
Alpha Dhabi Holding, one of the fastest-growing investment holding companies in the UAE, has made a AED9.2 billion ($2.504 billion) commitment to invest in Chimera Capital and Alpha Wave’s landmark ‘Alpha Wave Ventures II’ venture fund which was announced