RIYADH: Public Investment Fund-backed Rakiza has raised $1 billion to invest in three projects in Oman and is close to signing off on several deals in the Kingdom, according to a statement. The fund has taken a 30 percent stake in telecom firm Omantel’s passive tower assets in the Sultanate, a majority stake in Khazaen Fruit and Vegetable Central Market, and an estimated 31
Oman and Equitix managed infrastructure fund raises $1bn at close ipe.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ipe.com Daily Mail and Mail on Sunday newspapers.
Rakiza – an infrastructure fund investing in Oman and Saudi Arabia and co-managed by Oman Infrastructure Investment Management (OIM) and Equitix – has successfully raised over US$1bn for its first infrastructure fund that received strong institutional demand.
Bahrain-based GFH Group said one of its key units, Infracorp, has partnered with top global investor Equitix for a strategic investment in Aurora Infrastructure Oy (Aurora), a monopoly power distribution network operating in two key regions of Finland.
Bahrain-based GFH Group said one of its key units, Infracorp, has partnered with top global investor Equitix for a strategic investment in Aurora Infrastructure Oy (Aurora), a monopoly power distribution network operating in two key regions of Finland.