Actis To Acquire Controlling Stake in UAE’s Yellow Door Energy

Actis, through its USD6b Energy 5 Fund, agreed to acquire a controlling stake in Yellow Door Energy, a UAE-based commercial and industrial solar platform, for an undisclosed amount. The IFC led a USD65m investment in Yellow Door Energy in 2019 with participation from Equinor, Arab Petroleum Investments Corporation, Mitsui and… Read More

Aljazira Capital Leads USD41m Round for UAE’s YAP

Aljazira Capital led a USD41m venture round for YAP, a UAE-based digital banking app, with participation from Abu Dawood Group, Astra Group, and Audacia Capital. The startup plans to complete its Series A by the end of the year. Read more… Read More

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