News

Alcazar and InQvest launch $100m fintech fund

FintechDubai-based Alcazar Capital and InQvest Partners, the investment arm of incubator Fintech Consortium, have jointly launched a $100 million (€87.2 million) global fintech fund. While InQvest will provide its market knowledge and fintech network, Alacazar will put up 10% of the fund’s total capital. The fund launch follows Alacazar’s recent merger with another Dubai-based firm Trucial Investment Partners and the appointment of Maissan Almaskati as managing partner. Amalskatii heads up the firm’s North American platform and will also lead its expansion into fintech investments. “InQvest Partners offers a unique fintech proposition to support its investments across markets,” said Charbel Abou-Jaoude, CEO of Alcazar Capital. “We look forward to working with them in supporting ambitious entrepreneurs during the early stages of their growth journey.” ©2018 funds global mena

Executive Interviews

INTERVIEW: Totally mega

Jun 13, 2018

In 2016, global consulting firm PWC forecast the emergence of five global ‘megatrends’ in the next two decades. Stephen Anderson, its Middle East clients and markets leader, talks about their...

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Roundtables

MENA ROUNDTABLE: ‘The story is about reforms’

Jun 13, 2018

Our cross-industry panel discuss the positive backdrop in Egypt, the Dana Gas controversy and the potential index upgrades of Saudi Arabia and Kuwait. Chaired by George Mitton in Dubai.

SOUTH AFRICA ROUNDTABLE: Airline syndrome

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Our panellists tell us that instead of launching competing national projects, African countries should work together for the sake of a bigger capital market. Chaired by George Mitton in Cape Town.