Investment

AT&T Sheds Its Stake In Hulu For $1.43 Billion, Nearly Tripling Investment

UK-Based Twelve Seas to Acquire UAE’s Brooge Petroleum For $1 Billion

Fintech Insurer Lemonade Valued At More Than $2 Billion After $300 Million

ADNOC Inks $300 Million Deal With Abu Dhabi Pensions Fund

eyewa Raises $7.5 M In Series A Round, Eyeing MENA Expansions

Property Portal Bayut Acquires Lamudi As It Eyes Expansion

Investcorp Sells US Home Maintenance Company To LGP

ArabyAds Secures $6.5M In Funding From Investment Arm Of Choueiri Group

Investment Now

2 months ago

AT&T Sheds Its Stake In Hulu For $1.43 Billion, Nearly Tripling Investment

Hulu is buying back AT&T's minority stake in the streaming service, which values the streaming service, which competes with Netflix and Amazon, at $15 billion.
2 months ago

UK-Based Twelve Seas to Acquire UAE’s Brooge Petroleum For $1 Billion

The UK-Based Twelve Seas Investment Company has agreed to acquire the UAE company Brooge Petroleum and Gas Investment Company "BPGIC" in a deal valued at about $1 billion.
By Amany Zaher 4 min read
2 months ago

Fintech Insurer Lemonade Valued At More Than $2 Billion After $300 Million Funding Deal

Though the fintech company isn’t disclosing its valuation, a source says this investment brings its value to more than $2 billion.
2 months ago

ADNOC Inks $300 Million Deal With Abu Dhabi Pensions Fund

Under the deal, which is expected to close in Q4 2019, ADRPBF will acquire a 3% stake in a newly-formed entity, ADNOC Oil Pipelines, while BlackRock and KKR will together hold 40% and ADNOC will hold...
By Amany Zaher 4 min read
2 months ago

eyewa Raises $7.5 M In Series A Round, Eyeing MENA Expansions

GCC-based eyewear e-commerce site eyewa has raised $7.5 million of investment in a Series A round; bringing the total funding to date to $8.6 million.
By Nermeen Abbas 4 min read
2 months ago

Property Portal Bayut Acquires Lamudi As It Eyes Expansion

As part of this deal, Bayut will own all of Lamudi’s assets in the GCC, including its portals in Saudi Arabia, Jordan and the UAE.
By Mary Sophia 4 min read
2 months ago

Investcorp Sells US Home Maintenance Company To LGP

Bahrain-based alternative investment company, Investcorp, has agreed to sell its US home maintenance and repair services company (The Wrench Group) to a Los Angeles-based private equity firm, Leonard...
By Amany Zaher 4 min read
2 months ago

ArabyAds Secures $6.5M In Funding From Investment Arm Of Choueiri Group

The deal marks the first fund raise of ArabyAds, which has been operating in the UAE and GCC market since 2013 with offices in Egypt and Dubai.
By Nermeen Abbas 4 min read