Abu Dhabi Catalyst partners with Ruya to support private credit market

Abu Dhabi Catalyst partners with Ruya to support private credit market

UAE - Mubasher: Abu Dhabi Catalyst Partners (ADCP), a joint venture between Mubadala Investment Company and New York-based Falcon Edge Capital, has partnered with the emerging market private credit company Ruya Partners Limited.

The partnership reflects Abu Dhabi Catalyst Partners’ commitment to improving the finance ecosystem in the UAE and enabling small and medium-sized enterprises (SMEs) to have access to growth capital, according to a press release on Tuesday.

Founded in 2020, Ruya is the region’s first partner-owned private credit company aiming to provide private capital and alternative financing solutions to private companies.