Klook, a leading platform for experiences and travel services in Asia, today announced US$100 million in funding led by the global growth investment firm Vitruvian Partners. The latest investment underscores continued confidence in Klook’s vision, market leadership, and operational excellence
Investment
Sintavia, LLC, the world’s leading all-digital aerospace component manufacturer, announced today that it has received a $10 million subordinated debt investment from the Stifel North Atlantic AM-Forward Fund (the “Fund”). Capital from the investment, which is the first of the recently launched SBIC fund, will be used to refinance existing equipment loans and provide
The 20th edition of IREX will take place on 7th and 8th February 2025 at Hotel Taj, Business Bay, Dubai. The event provides a unique platform showcasing diverse opportunities for international real estate investment, residency, and citizenship programs across the globe. The conclave will bring together international real estate companies, residency and citizenship
The recent shake-up in the AI sector triggered a wave of uncertainty, raising questions about AI market valuation, a sector that has become key for global economic strategies and future innovation plans. With the Middle East, and especially the UAE, relying heavily on the tech sector for data infrastructure and as part of its diversification […]
The Indian budget for 2025-2026 of the Modi government is likely to provide a boost to domestic consumption, with the finance minister announcing that no tax will be payable on income up to Rs 1.2 million. Expectations are that this could provide a considerable consumption boost of Rs 700 billion, and it can be rightfully termed middle-class-friendly. […]
AI has been the darling of tech investors for years, powering portfolios and headlines alike. But what happens when a disruptive player like DeepSeek enters the scene, creating chaos among industry giants? Should you panic—or pounce? Despite the recent turmoil and uncertainty, it’s important to remember that AI remains a solid long-term investment theme. Yes, […]
His Excellency Abdulla bin Touq Al Marri, Minister of Economy, has asserted that the preliminary estimates of the UAE’s GDP in the first half of 2024, issued by the Federal Competitiveness and Statistics Centre, reflect remarkable economic growth and competitiveness, solidifying the country’s position as a leading economic power and a premier destination for business […]
Investopia has launched a new edition of its global dialogues titled ‘Investopia Tokyo,’ aimed at catalysing investment in the new economy, financial services, advanced manufacturing, entrepreneurship, small and medium enterprises (SMEs), and technology sectors. The initiative also highlighted emerging global trends in fast-growing industries and modern financing trend s
The record AED120 million sale of a luxury villa in Dubai’s Emerald Hills community highlights an investment strategy delivering exceptional returns for ultra-high-net-worth individuals (UHNWIs). The sale brought a AED40 million profit for an investor who retained fäm Properties to find the ideal plot, design and manage construction of the stunning 25,000 sq. ft villa,
The UAE-China Joint Investment and Economic Cooperation Working Group convened for its inaugural meeting aimed at enhancing the economic ties and investment growth between UAE and China with special focus on elevating cooperation in sectors of mutual interest – including the new economy, entrepreneurship, tourism, aviation, and logistics services. The meeting
Weekly Recap: Central banks on the move Last Monday, the Nasdaq index temporarily surpassed the 20,000-point mark, setting a new record. Strong economic growth, increasing corporate profits, moderate inflation, and the beginning of central banks easing their monetary policies have all contributed to the stock market’s successful performance this year. However, some
Alpen Capital is pleased to announce that it has become a signatory of the United Nations-supported Principles for Responsible Investment (PRI), world’s leading proponent of responsible investment. Supported by the United Nations, the PRI works to understand the investment implications of environmental, social and governance (ESG) factors and to support its international
Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, announced the introduction of AI-generated news summaries to its News & Research offering. This advanced feature, available at no additional cost, enables clients to access concise summaries of news articles, streamlining insights from leading providers and making it easier for investors to
From December 10-11, 2024 The Ras Al Khaimah Investment and Business Summit (RAKIS) is just a few days away. Scheduled for December 10-11, 2024, at the Al Hamra International Exhibition & Conference Centre, the event brings together global business leaders, investors, and policymakers. The summit aims to explore new opportunities for investment and trade in […]
VSS Capital Partners (“VSS”), a private investment firm investing in the healthcare, education, and business services industries, is pleased to announce that Pinnacle Investment Management Group Limited (ASX: PNI) (“Pinnacle”) has made a strategic minority investment in the firm. Concurrently, VSS has expanded its Partnership and leadership team, elevating four seasoned
Agility Robotics, creator of the leading bipedal Mobile Manipulation Robot (MMR) DigitⓇ, today announced during an appearance at global technology conference Web Summit that Schaeffler has made a minority investment in the company. In addition to the investment, the companies have signed an agreement in which Schaeffler, the motion technology company,
Berkshire Partners (“Berkshire”), a Boston-based private equity firm focused on the middle market, today announced the close of Berkshire Fund XI (“Fund XI”) with approximately $7.8 billion in capital commitments, making it Berkshire’s largest fund since the firm’s inception in 1986. Fund XI was meaningfully oversubscribed, which the firm believes underscores investors’
Bayut, the leading property portal in the UAE, has released its Q3 market report for Abu Dhabi where search trends point to a strong performance in both the capital’s affordable and luxury segments. The report comprehensively analyses the relationship between economic variables and demographic trends, which have been instrumental in shaping the city’s real estate
Stryde, the first and only regulated private market investment platform in the MENA region, is redefining access to private markets, making regional and global high-growth opportunities in private equity and venture capital available to both retail and institutional investors. Previously restricted, complex and fragmented, private markets are now within reach of a broader
TVM Capital Healthcare, an international healthcare expansion and growth capital firm, today announced a recent equity investment in San Francisco-based Human Longevity, Inc. (HLI), a global leader since 2013 in advancing precision medicine in the pursuit of healthy aging, often referred to as longevity medicine. The investment will support the company’s growth within the