Global technology investor Amadeus Capital Partners has invested $40 million into Travelstart, a South Africa-based online travel agency (OTA).
With the new funding comes a strategic partnership with Africa's largest mobile te
A surge in insurance activity with a growth in gross premiums is expected to unfold across the GCC over the next five to 10 years, said Central Bank of Bahrain (CBB) executive director of financial institutions supervision Abdul Rahman Al Bake
Middle Eastern buyers invested €4.79 billion ($5.22 billion) in some of the world’s most iconic hotels across key European markets in last 24 months, according to Check In, a European inbound hotel investment report by real estate con
More investments in healthcare in the Gulf has been urged, as healthcare plays a vital role in building up a strong economy, according to an expert.
At the ongoing Arab Health Exhibition in Dubai, UAE, Moataz A
Six major investment opportunities in the GCC's healthcare market has been predicted as being areas of high demand and growth in the region by 2025, according to a recently launched report.
The EY 'Inve
Iran's transport minister urged foreign companies on Sunday to invest in the country's aviation sector and declared a zero-tolerance policy for corruption as it reopens for business after sanctions.
"I hold your hands
UAE-based property portal Bayut.com said it has closed a $20-million Series C venture round, a mere four months after its Series B funding that added $9 million to the website’s coffers.
The funding comes from one of Bayut&r
Danish drugmaker Novo Nordisk, a leading insulin supplier, expects to be ahead of the pack now nuclear sanctions are lifted in Iran, thanks to a continuous presence and a pre-emptive investment plan.
Barclays will cut about 1,000 jobs in investment banking worldwide and close its cash equities business in Asia as new chief executive Jes Staley wields the axe in a bid to reduce costs and boost returns.
UAE's investments in Jordan totalled to $15 billion, in areas of agriculture, industry and tourism, according to a report.
It included ventures in the Aqaba Special Economic Zone, Marsa Zayed in Aqaba and t