Tag: Investment
IMF Says Mideast Markets Twice as Sensitive to Global Risk as Emerging Markets
(Bloomberg) -- Markets in the Middle East and Central Asia may have more to lose from a shift in global risk sentiment than other...
SoftBank Is Eyeing Burgers, Digital Pharmacy for Second Vision Fund
(Bloomberg) --SoftBank Group Corp. is teeing up investments for the successor to its gargantuan Vision Fund. It’s in talks to back a pharmaceutical delivery...
How UAE is likely to propel India’s $5-trillion economy target
On 15th August 2019, days after being voted to power for a second term in the largest democracy of the world, Indian Prime Minister...
Bahrain’s Investcorp leads $11.2 million investment in Indian startup Bewakoof.com
Bahrain’s alternative asset manager Investcorp has led a $11.2-million investment in Indian startup Bewakoof.com.
Investcorp will hold 14 per cent equity and a board seat...
Saudi Aramco Pushing to Complete IPO in 2019
(Bloomberg) --Saudi Aramco is pushing to complete its initial public offering this year by relying more on local investors, after international money managers’ skepticism...
ADNOC, Borealis weigh investment in Adani-BASF’s $4 bn India chemical project
DUBAI: Abu Dhabi National Oil Company (ADNOC) and Austria-based petrochemical firm Borealis AG has partnered with Adani and BASF for a joint feasibility study...
Selling Aramco: The Wall Street A-Listers on the Oil Giant’s IPO
(Bloomberg) --Saudi Aramco has enlisted the help of a former Donald Trump national security adviser and an ex-House of Representatives majority leader to pull...
Dubai’s Biggest Bank Emirates NBD Plans $1.76 Billion Rights Share Sale
(Bloomberg) --Dubai’s biggest bank is seeking to raise 6.45 billion dirhams ($1.76 billion) from a rights share offering as it expands abroad and courts...
Saudi Arabia Venture Investor Considers Second $500 Million Fund
(Bloomberg) --STV, the venture capital investor that backed a Dubai ride-hailing firm before its sale to Uber Technologies Inc., is considering raising a second...
UAE, Vietnam Look to Expand Bilateral & Economic Cooperation
The Vietnam-UAE Trade and Investment Forum kicked off in Hanoi on Tuesday, further boosting the growing bilateral and economic cooperation between the two nations....
