Najm Capital

Najm Fund I + Co-InvestGCC growth equity, infrastructure, and strategic buyouts · Q1 2026 reporting

K. Al Rashidi · Director

Najm/Research

Research

Trend sensors track themes continuously. Scenarios project portfolio impact under specific conditions. Set up either as a monitor and the agent keeps refreshing it.

Set up a new monitor

Hypothetical multi-step impact study — refreshes weekly or on demand. Builds a base/bear/bull bracket and projects portfolio MOIC delta across our positions, with editable scope and time horizon.

Active monitors · 42 trend sensors · 2 scenarios · refreshing automatically

Trend·

Refreshes hourly

2 new

China supply-chain exposure across the portfolio

+3 portcos flagged

Tariff escalation watch holds 4 portcos at elevated risk. GMG and Anghami added since last week; Foodics and Pure Health already de-risked.

5 portfolio companies

87 sources trackedLast refresh 12 min ago

Trend·

Refreshes in real time

4 new

New deals matching the energy infrastructure thesis

4 new this week

AlMutlaq Solar (89/100 · LOI active), Fervo Energy (76/100), TAQA Renewables follow-on (82/100), NEOM Hydrogen JV (pre-Quick Look). 2 candidates clear partner-review threshold.

4 pipeline candidates

AlMutlaq Solar

Fervo Energy

NEOM Hydrogen JV

TAQA Renewables follow-on

112 sources trackedLast refresh 6 min ago

Scenario·

Refreshes weekly

Impact of sustained oil above $90 on the portfolio

+$140M unrealized lift

Energy + infra cohort marks up 9% on petrodollar capex. Network International + Anghami compress 3-5% on consumer softness. Net +$140M unrealized.

5 portfolio companies

Masdar

Alcazar Energy

Tabreed

Network International

Anghami

64 sources trackedLast refresh 38 min ago

Scenario·

Refreshes weekly

Which positions are at risk if UAE rates stay elevated through H2

5 positions · $1.1B at risk

Etihad Rail (debt service), Pure Harvest (capex burn), Anghami (consumer), YAP (deposit costs), Magnati (merchant credit). Net unrealized exposure $1.1B if 5.4% policy rate holds through Dec 2026.

5 portfolio companies

58 sources trackedLast refresh 22 min ago