DAMAC International has secured a development financing package of $229 million for its London landmark project, DAMAC Tower, at Nine Elms.
Dubai Islamic Bank was reported to be in talks with Noor Bank to explore a potential merger.
Jumia Technologies, a pan- African e-commerce platform is now formally listed on the NYSE, making it the first African tech startup to list on the exchange.
Lei Jun – whose wealth Forbes estimates at $11 billion- has pledged to provide the sum received as his bonus to charity after taxes are deducted.
Forbes named Kylie Jenner the world's youngest self-made billionaire in its annual ranking of billionaires in March.
Challenge: Make a 60-year-old hamburger chain into something cool. Daniel Schwartz accepted that assignment six years ago. He was 32.
The company added that it intends to use the net proceeds from the float to “finance further expansion plans and reduce net debt.”
Carlyle is to acquire a 30%-40% stake in Europe’s largest privately-owned integrated oil and gas company, while the Abu Dhabi wealth fund will remain a majority shareholder.