Wealth

Singapore’s SpherePay Closes $10 Million Funding Round

SpherePay, Singapore’s homegrown mobile payment app, announced today that it has completed its fundraising exercise which saw the company raisin...

Xiaomi Planning an IPO at $50 Billion Valuation

Xiaomi is reportedly in talks with investment banks regarding a potential IPO in Hong Kong in 2018. During the IPO, the company is reportedly seeking ...

IP Global Launches Free Investment Programme for Beginners

IP Global, the leading full-service property investment company, has launched a free digital property investment programme, which provides a detailed ...

Delta Partners Advises iflix on $133 Million Funding Led by Hearst

Delta Partners Corporate Finance Limited, a member of Delta Partners, has acted as financial advisor on a $133 million funding round for iflix, the Ma...

Five Holdings Launches AED 2.10 Billion Real Estate Investment Trust

Five Holdings, the Dubai-based real estate development and hospitality group previously known as SKAI Holdings, has launched a AED 2.10 billion real e...

GCC Sovereign and Corporate Bond Issuance Amounts to $22 Billion

Total gross bond issuance in the GCC has already surpassed 2016’s total value in the first five months of this year, according to Fisch Asset Manageme...

Emirates NBD Capital Completes UAE’s First IPO in 2017

Emirates NBD Capital Limited (EMCAP), the investment banking division of Emirates NBD PJSC, one of the largest banking groups in the Middle East by as...

How to Budget for Unexpected Windfalls

Unexpected windfalls are sources of joy for you and your dear ones. Like it is important to budget for emergencies, you need to be prepared for windfa...

Amazon to Acquire Souq.com

Amazon today announced that it has reached an agreement to acquire Souq.com, the leading e-commerce platform in the Middle East. Joining the Amazon fa...

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