Well-known Kazakh businessmen Kenes Rakishev and Vyacheslav Kim (both in the Top 10 richest businessmen according to Forbes Kazakhstan) announced their intention to create a new venture fund based on the International Financial Center…
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Kenes Rakishev reduced his stake in Fincraft to 9.9%
This is stated in an extract from the system of registers of shareholders The share of businessman Kenes Rakishev in the Fincraft investment house decreased to 9.9%. This is stated…
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Minister invites UAE and Qatar to increase investment in Indonesia
Minister of Transportation Budi Karya Sumadi invited the United Arab Emirates (UAE) and Qatar to expand cooperation and increase their investment in Indonesia, especially in the sea and air transportation…
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Self-proclaimed Twitter investor mocks Elon Musk by offering to buy the company at a $30 billion discount
by Leon Hussainby Leon HussainA self-proclaimed Twitter investor mocked Elon Musk, the platform’s new owner, by offering to buy the company for $30 billion less than what Musk paid for it in October. Leonidas Raisini said in…
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Tunisia unveils economic plan betting heavily on private investment
by Michael Loweby Michael LoweThe Tunisian government on Tuesday presented a three-year development plan that relies heavily on private sector investment, particularly in industry, and boosting phosphate production. The cash-strapped North African country is…
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O2 Investment Partners Announces Promotions
O2 Investment Partners (www.o2investment.com) is pleased to announce the promotions of Charlie Miller to Vice President and Shyam Shah to Senior Associate. Luke Plumpton announced the promotions of Miller and…
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BusinessEconomyEgyptFeaturedfinancialGlobal NewsInvestmentMiddle EastNews
Attracting foreign investment is Egypt’s top priority, says PM
Egyptian Prime Minister Mostafa Madbouly on Wednesday reviewed measures to boost investment opportunities in various economic sectors and stressed the need for concerted efforts to create an environment conducive to…
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Slaying The Beast: How Can You Keep Informed In The World Of Venture Capital?
Venture Capital is often seen as the holy grail of investing. It is usually the first entry point into new startups that have the potential to make significant changes in…
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DevOps Leader Eficode Receives Strategic Investment from Investcorp to Boost Global Expansion USA
HELSINKI, Finland, Dec. 20, 2022 /PRNewswire/ — Eficode has announced a significant investment from Investcorp, a leading global alternative investment firm. Investcorp becomes a majority shareholder in Eficode, and will partner with Eficode’s founder,…
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US Postal Service announces $9.6B investment in new electric vehicle fleet while operating at a loss
by Kane Guzmanby Kane GuzmanThe U.S. Postal Service on Tuesday announced billions of dollars in new spending to switch from gas-powered mail trucks to new electric vehicles within the next five years, furthering President Biden’s green…