The Gulf was plunged into crisis in early June after Qatar came under a wave of sanctions led by Saudi Arabia that has already led to heavy selling in Qatari assets, as the crisis enters its fourth month, market analysts are trying to decipher when events may normalize.

Venture capital and private equity firm BlackFin Capital Partners has completed a more than €100mn first closing for a European business technology fund, with the fund’s founding partner telling EMEA Finance that the aim is to become a leading investor on the continent.

Off-grid power and captive energy projects are taking up some of the slack as big infrastructure deals stall, says Standard Bank.