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May 08, 2024 08:29 AM
CX DAILY

CX Daily: Why Chinese PE and VC Firms Are Chasing Middle East Money

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Arabian antelopes graze in the desert outside Dubai on Jan. 4, 2022. Photo: VCG
Arabian antelopes graze in the desert outside Dubai on Jan. 4, 2022. Photo: VCG

Middle East /

In Depth: Why Chinese PE and VC firms are chasing Middle East money

Chinese venture capital (VC) and private equity (PE) firms are targeting deep-pocketed Middle Eastern investors, as funding from their traditional backers dwindles amid growing geopolitical tensions and shrinking opportunities for investment partners to sell their stakes through IPOs.

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