The total outstanding debt arranged by financial institutions stood at $421.15 billion, registering a 10.5% y-o-y in 2023 notwithstanding the high interest rates coupled with Read More
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Carlyle and KKR Join Hands to Buy $10.1 Billion Student Loans
Global investment firms Carlyle Group and KKR have announced partnerships that comprised of funds and accounts managed by Carlyle and KKR’s Read More
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DKK Partners Receive Investment from Meridien Holdings
London-based DKK Partners, a fintech firm specialising in emerging markets and foreign exchange liquidity, on Thursday announced that Meridien Holdings, a US Read More
Recovery in valuations of companies has helped in increased activity in Europe’s venture capital (VC) deals and further improvement is expected Read More
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Dar Global to Construct Trump Tower in Dubai
Dar Global, the luxury international real estate developer, on Thursday announced a collaboration with The Trump Organization to establish the iconic Trump Read More
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Hospitality
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Tourism
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UAE’s Eagle Hills to Develop Tourism Projects in Indonesia
Indonesia’s Ministry of State-Owned Enterprises (SOEs) has signed a Memorandum of Agreement (MoU) with the UAE-based property company Eagle Hills to Read More
The Egyptian Cabinet chaired by the Prime Minister Dr Mostafa Madbouly, has approved the offer submitted by the UAE-based AMEA Power, one Read More
Global mergers and acquisitions (M&A) activity in Q2 of 2024 maintained the positive momentum achieved at the start of 2024, with completed deals Read More
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sovereign wealth funds
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PIF Ink Pact To Localise Production of RE Components
Saudi Arabia’s sovereign wealth fund - Public Investment Fund (PIF) - has signed three new agreements to the manufacturing and assembly Read More
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Mergers and Acquisitions
World
Allianz to Buy Majority Stake in Singapore’s Income Insurance
German financial services major Allianz, through its wholly owned subsidiary Allianz Europe B.V., on Wednesday announced a pre-conditional voluntary cash general Read More
