In a significant move, ADQ-backed Silal has acquired a majority stake in Al Bakrawe Holding, one of the UAE's leading distributors of fresh fruits and vegetables. This acquisition further enhances Silal’s position as a major player in the UAE’s food supply chain. Al Bakrawe, founded in 2002, sources from over…...
Private Equity Gains Stability, but Full Recovery Remains Out of Reach: 2024 Mid-Year Report
After two turbulent years, the global private equity (PE) sector has found some stability, as highlighted by Bain & Company’s 2024 Private Equity Midyear Report. While the worst may be over, the path to a full recovery remains fraught with challenges. The report emphasizes that the sector's activity continues to…...