Instashop and Zomato owner launches $60.77mln venture capital fund
January 13, 2021 IFTTT / Zawya.com - Zawya Exclusive
Instashop and Zomato owner launches $60.77mln venture capital fund Delivery Hero, a food delivery giant, says the fund, DX Ventures,…
Movie ticket sales worldwide plummet by $31bln for first time in 2 decades
January 12, 2021 IFTTT / Zawya.com - Zawya Exclusive
Movie ticket sales worldwide plummet by $31bln for first time in 2 decades Global box office revenues hit less than…
Walaa board recommends capital increase with target of $206.67mln
January 12, 2021 IFTTT / Zawya.com - Zawya Exclusive
Walaa board recommends capital increase with target of $206.67mln The increase is to support growth and maintain the solvency margin…
First Abu Dhabi Bank sells $232mln in Formosa bonds
January 12, 2021 IFTTT / Zawya.com - Zawya Exclusive
First Abu Dhabi Bank sells $232mln in Formosa bonds The year’s first issuance carried 3.15% coupon Read more about this
MENA start-up funding increases by 13% to top $1bln
January 12, 2021 IFTTT / Zawya.com - Zawya Exclusive
MENA start-up funding increases by 13% to top $1bln The highest funded company was EMPG, parent company of Dubai-based property…
Saudi Telecom Co. names Alwetaid as new CEO
January 12, 2021 IFTTT / Zawya.com - Zawya Exclusive
Saudi Telecom Co. names Alwetaid as new CEO Alwetaid worked at Aramco before joining STC where he has held various…
CEO of Dubai’s Emaar Malls resigns after four months on the job
January 12, 2021 IFTTT / Zawya.com - Zawya Exclusive
CEO of Dubai’s Emaar Malls resigns after four months on the job Operator of Dubai Mall names temporary replacement Read…
MENA equity capital market: Issuances total $4.6bln in 2020, down 86% from 2019
January 12, 2021 IFTTT / Zawya.com - Zawya Exclusive
MENA equity capital market: Issuances total $4.6bln in 2020, down 86% from 2019 The largest ECM issuance in MENA was…
UAE property market to decline further as oversupply hits close to 1 million units
January 12, 2021 IFTTT / Zawya.com - Zawya Exclusive
UAE property market to decline further as oversupply hits close to 1 million units Project handovers pick up in Dubai,…
Tuesday Outlook: Stocks fall from records; dollar rises again, bitcoin tumbles
January 12, 2021 IFTTT / Zawya.com - Zawya Exclusive
Tuesday Outlook: Stocks fall from records; dollar rises again, bitcoin tumbles Gold gains; oil prices sapped by rising COVID-19 cases…