Aviation and space leaders from Saudi Arabia and India have sent out strong signals that they are ready to partner on foreign direct investment (FDI) projects within their own markets.
Leaders of Saudi Arabia’s and India&rsq
Abdul Latif Jameel, a leading commercial enterprise, has begun to implement plans to invest about $2 billion in Saudi Arabia over the next five years, with $500 million already earmarked for 2016.
Standard Chartered Private Equity (SCPE), the private equity arm of the bank, has made a $50 million equity investment, as part of a $275 million consortium, for a minority stake in online retailer Souq.com.
The investment will support
The Saudi Othaim For Leisure & Tourism is set to invest $300 million in Egypt over the next five years, according to a report.
The company will open two new projects in Cairo this year, said the Egypt I
Investing in culture is a viable option for Bahrain to increase its revenues in the face of lower oil prices, according to an expert. French gallery owner Kamel Mennour claimed cultural investment provided economic returns through increased to
Saudi Arabia's Kingdom Holding, the investment firm of billionaire Prince Alwaleed bin Talal, said on Thursday it had led a group of investors which bought 5.3 per cent of US ride-hailing firm Lyft for $247.7 million.
Lyft, Uber Tec
A forum centred around the importance of investing in culture will take place next month in Bahrain. Leading personalities in culture will attend the Investing in Culture Forum to discuss the social and business impact of the industry, said a
A private healthcare provider plans to invest another BD10 million ($26.3 million) in Bahrain, with the opening of four additional clinics and a multi-speciality hospital in the next five years. Aster DM Healthcare opened its first clinic, the
Kapci, an Egyptian paints and coatings manufacturer, has invested $12.5 million on a new factory in India, which will begin operations within the second half of next year, according to a report.
The 50,000-m fa
The Investment Migration Council (IMC), the Geneva-based citizenship-by-investment industry standard setting body, has opened its Middle East office in Dubai, UAE this week.
It is being represented by Citizensh