Saudi Arabia establishing $2.7 billion entertainment investment firm
Saudi Arabia’s sovereign wealth fund is creating an entertainment investment company as the deeply conservative…
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Mutual funds mark down investments in Uber by as much as 15%
Four mutual fund companies have marked down their investments in Uber Technologies Inc by as much as 15 percent…
Lebanese president signs public sector pay rise and tax hike laws
Lebanese President Michel Aoun signed off on public sector wage increases and related tax hikes on Monday, the…
Egypt looks for $4 billion up on international debt market
Egypt is planning to return to the international debt markets in January to raise as much as US$4 billion to fund…
Sawiris’ Beltone Financial targets $1bn fixed income fund in Sept.
Egypt's Beltone Financial, a unit of billionaire businessman Naguib Sawiris's OTMT, will launch a $1 billion…
Egypt’s ISDF signs new deal for Halayeb, Shalateen slums
Egypt’s Informal Settlements Development Fund (ISDF) signed Thursday new agreements worth 900 million Egyptian…
EFG Hermes wins mandate to run Ahli United Bank Egypt’s funds
Egyptian investment bank EFG Hermes announced Sunday it has won mandates to manage two funds for the Ahli United…
Israel’s Mossad establishes fund to acquire new spy techniques
Israel's Mossad intelligence agency has set up an investment fund to help development of new cloak-and-dagger…
Apple to create $1 billion U.S. advanced manufacturing fund
Apple Inc plans to create a $1 billion fund to invest in U.S. companies that perform advanced manufacturing, Chief…
Saudi Arabia to award licences to 15 U.S. firms in May: officials
Saudi Arabia plans next month to award licences to at least 15 U.S. companies to operate in the kingdom, two Saudi…
