Private Credit Firm Ruya Plans $400 Million Fundraise in Middle East

A little-known Abu Dhabi firm is raising capital for what’s set to be one of the Middle East’s largest private credit funds, aiming to fill financing gaps created by a...

By Christine Burke · Bloomberg Markets

A little-known Abu Dhabi firm is raising capital for what’s set to be one of the Middle East’s largest private credit funds, aiming to fill financing gaps created by a credit squeeze in Saudi Arabia.