2019 started slowly with just a single listing in the GCC in the first quarter of 2019, compared to four IPOs worth $430 million in the same quarter last year.
The new announcement is the third of its kind for Property Finder in less than a month, as the UAE-based company seeks to expand its operations across the region.
Saudi Aramco received more than $100 billion in orders for a debt offering of $10 billion— a massive oversubscription and an indicator of strong investor demand.
The venture capital firm cofounded by Facebook billionaire Eduardo Saverin and partner Raj Ganguly has raised hundreds of millions in new funding to invest in startups.
The latest fund will aim to invest in series B round or above in the Middle East region across technology companies.
Careem will be a wholly owned subsidiary of Uber but will preserve its brand in the local market.
The fund is being anchored by a US$500 million commitment from ADIA. It will target pre-stress and distressed opportunities, with a focus on providing financial support to pre-stress businesses.
Billionaire Warren Buffet’s investment firm Berkshire Hathaway reported a profit of $4 billion during the financial year of 2018 on the back of a $3 billion loss in food giant Kraft Heinz. This is