Blackstone in talks to acquire VFS Global for $1bn
VFS Global is 90% owned by Swedish Private Equity and 10% by...
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Emirates to hire 3,000 cabin crew and 500 airport staff over the next six months
The latest hire is a part of its plans to ramp up...
Telecom giants Ooredo and CK Hutchison merge together in a $6 bn deal
The merger will create a larger, commercially stronger and more competitive telecom...
Mhnet telecom acquires Brazil’s Creral telecom to expand its presence
Presently, Mhnet telecom is present in 150 cities and has 25 thousand...
Standard Chartered to drive sustainable finance and capital markets in Saudi Arabia
Standard Chartered started offering banking services through its branch in Saudi Arabia...
Saudi Real Estate raises $426.4 mn to finance Saudi Vision 2030 projects
The funds will be raised with the help of priority rights issues...
Saudi Arabia’s ACWA Power aims to raise $1.2 bn in IPO
The company plans to issue 85.3 mn shares that represents 11.67% of...
Global debt reaches record high of $300 tn in Q2 as lockdown eases
The rise in debt levels was the sharpest among emerging markets...
The global shipping industry is making record profits
The latest jump has been caused because of a 333% hike in...
Arab Petroleum Investment Corporation plans to invest $1 bn in green energy projects
The two-year investment is a part of its low-carbon footprint energy transition...