GCC

Saudi Arabia leads Middle East private-capital fundraising, BlackRock says 
  • Saudi Arabia accounted for approximately 61% of private-capital funds closed in the Middle East since 2015, significantly influencing the region's private-markets ecosystem.
  • Of the 590 funds closed in the Middle East since 2015, 359 were based in Saudi Arabia, while the UAE had 143 funds and other Middle Eastern markets collectively had 88 funds.