DLA Piper advised MetaVC Capital, LLC (MetaVC) in the final closing of MetaVC Partners, LLC, a US$62 million fund that will invest in early-stage, hard-tech metamaterials startup companies. MetaVC Partners…
finance
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EconomyfinancialInvestmentMiddle EastTurkey
Türkiye Injecting Over $5.6b Into Public Banks to Boost Lending
by Michael Loweby Michael LoweTürkiye is injecting about TL 107 billion (around $5.62 billion) in public banks in a capital boost sought to encourage lending in a move ahead of elections set for May…
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EconomyfinancialInvestmentSaudi ArabiaTechnology
Saudi Venture Capital Launches $80m Saudi Fintech Fund
by Ryan Hughesby Ryan HughesCAIRO: Saudi Arabia’s booming fintech sector is set to be boosted by an $80 million investment fund launched by Saudi Venture Capital Co.. The ‘Investment in Fintech VC Fund’ was…
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BusinessDefenceEconomyEuropefinancialInvestment
Dutch Call on Eib and Pension Funds to Invest in Defense Sector
The Netherlands’s defense minister, Kajsa Ollongren, called on the European Investment Bank to invest in the defense industry and said the Dutch government is already putting pressure on pension funds…
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EconomyEuropefinancialInvestment
Investopia Brings Together Firms to Explore Investment Opportunities
by Arnav Perezby Arnav PerezThe global investment platform, Investopia, will hold its next event titled “Investopia Europe” on May 19 in Milan, the financial and business capital of Italy. The event will bring together…
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BusinessEconomyfinancialSaudi Arabia
PIF-Backed Rakiza Raises $1bn to Invest in Oman and Saudi Arabia
by Ryan Hughesby Ryan HughesPublic Investment Fund-backed Rakiza has raised $1 billion to invest in three projects in Oman and is close to signing off on several deals in the Kingdom, according to a…
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EconomyEuropefinancialInvestment
Italian Companies Reviewing Where and How They Keep Their Money
by Michael Loweby Michael LoweItalian companies are looking at the health of the banks they rely on in the wake of the current financial turmoil and turning more conservative over how they invest their…
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EconomyEuropefinancialInvestment
The $17 Billion Wipeout of Credit Suisse Bondholders Has Not Gone Down Well in Europe
by Ryan Hughesby Ryan HughesOne section of Credit Suisse’s bondholders is set to be wiped out following the struggling bank’s takeover by UBS, causing them to see investments worth 16 billion Swiss francs ($17 billion)…
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EconomyEuropeFeaturedfinancialInvestmentNews
European Markets Recover on a Wild Day for Bank Stocks
by Michael Loweby Michael LoweEuropean markets ticked up Monday but bank stocks were mixed and volatile as investors assessed the significance of the near-collapse of Credit Suisse, one of the world’s most important financial…
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EconomyEuropeFeaturedfinancialfortofolioGlobal NewsInvestmentNews
European stocks lower on recession fears; Boohoo slumps
European stock markets fell Thursday, following the weaker global sentiment as investors fretted about the possibility of a recession this year. At 04:10 ET (09:10 GMT), the DAX index in Germany traded…