Arcapita Forms Strategic Partnership with King Abdullah Economic City
Deal News | Feb 19, 2025 | Arcapita Bank, Venture Capital Arm
Arcapita Bank's venture capital arm has engaged in a strategic partnership with King Abdullah Economic City (KAEC) to develop advanced industrial facilities. The recent signing of a Memorandum of Understanding (MoU) between the two parties took place in Bahrain and aims to establish state-of-the-art industrial infrastructures within KAEC. This initiative is set to drive economic growth and expand industrial capacities, aligning with both entities' growth strategies. The collaboration underscores Arcapita's strategic direction to engage in high-potential development projects.
Sectors
- Private Equity
- Real Estate Development
Geography
- Saudi Arabia – King Abdullah Economic City is located in Saudi Arabia, where the industrial development is planned.
- Bahrain – The Memorandum of Understanding was signed in Bahrain, where Arcapita Bank is based.
Industry
- Private Equity – Arcapita Bank is a private equity firm that is engaging in a strategic partnership that involves investment in industrial development.
- Real Estate Development – The strategic partnership focuses on developing industrial facilities, which falls under real estate development.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Arcapita Bank | PE Firm | Companies | A private equity firm involved in the strategic partnership for industrial development. |
| King Abdullah Economic City (KAEC) | Development Partner | Companies | A development entity in Saudi Arabia partnering with Arcapita to develop industrial facilities. |