Industry News

Industry News

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Saudi BNPL Tamara raises $100 million in Series B fund round

MENA/GCC

KKR leads investment in Arevia Power

Private Equity

Centerbridge and Bridgeport to acquire CSI for $1.6bn

Private Equity

Shielding UK families from fuel bills crisis forecast to cost £100bn

UK

Inflation surge pushes UK economy to edge of stagnation

UK

Andreessen Horowitz bets on crypto to break up Big Tech power

Euro hits fresh 20-year low on darkening economic outlook

Europe

Emirates Global Aluminium delivers net profit of $1.60bln in first half

Abu Dhabi

Dubai’s DAMAC explores nearly $1 billion tech investments in Germany

Dubai

Inflation to peak at more than 18 per cent, reckon Citi forecasters

UK

China banks cut key interest rate in bid to revive stalling economy

Asia

Global stocks drop on recession and central bank rate-rise worries

Pharos Capital exits TechLab to Adelis' SSI Diagnostica

Private Equity

Credit Suisse hires new finance chief in boardroom shake-up

CFO

UK inflation to hit 18.6% next year according to Citi

UK

Europe braces for more cuts in Russian oil and gas exports

Europe

Meet the II Rising Star Bill Ackman Picked as His Successor

CIO

Bank of Israel hikes key rate 3/4-point to 2.0% as inflation spikes

Israel

UAE non-oil trade breaks trillion-dirham mark for the first time

MENA/GCC

Hotel industry in Middle East posts remarkable occupancy and daily rate growth

MENA/GCC

FTSE 100 dragged down by stocks trading ex-dividend as UK bonds hit new 14-year high

UK

Saudi's Red Sea International secures $9.5mln financing deal

Saudi Arabia

Average pay for PwC’s UK partners tops £1mn for first time

Corporates

Euro zone July inflation confirmed at 8.9% y/y, core measure sharply up

Europe