A revival in public listings is set to take place in the Middle East and North Africa or MENA with the improvement in capital markets conditions, a report in Gulf Business said.
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Programming robots for children maker Play-i nabs USD1.4 million for retail plans
Programming toy robot maker Play-i raised USD1.4 million from investors all over the world via its crowdfunding campaign on its website that lasted 31 days.
American Nobel Prize in Economics winner Fama predicts a global recession next year
2013 Nobel Prize winner and University of Chicago Professor Eugene Fama told Reuters that the world's economy is in danger of a potential global recession next year due to the high debts incurred by governments in the US and Europe.
Paulson sees 13% monthly and 30% year-to-date gains for hedge fund Advantage - sources
Sources disclosed to Reuters that billionaire hedge-fund manager John Paulson's strategies adopted this year for Paulson & Co saw gains in his credit, merger and Recovery funds.
Sipchem, Sahara inks deal to form SAR6.7 billion petrochem giant
Saudi International Petrochemical Company and Sahara Petrochemical Company agreed to start due diligence over a planned merger deal. The deal is reportedly worth SAR6.67 billion.
Latest News
The International Finance Corporation is looking to sell rupee-denominated bonds for the second time. The World Bank investment arm raised INR1,000 crore in its first rupee-bond issue.
The World Trade Organization finally agreed on its first global trade deal on Saturday, December 7. The agreement could add nearly USD 1 trillion to the worldwide economy.
Yahoo! Inc. on Friday confirmed its purchase of online live concert service Evntlive for an undisclosed sum. As a result of the deal, Evntlive will be shutting down and joining Yahoo!'s video team.
The CAC Group, one of the leading commercial real estate services firms in San Francisco, was acquired by CBRE Group, Inc. CBRE Group, Inc's statement did not disclose financial details regarding the transaction.
General Electric Co agreed on a USD 18.25 million settlement of a class action lawsuit that accused the company of rigging bids for municipal bonds, according to a Reuters report.
Global aerospace and defense industries Astronics Corporation said today in a statement that it has completed its acquisition of France-based PGA Electronic for a final price of USD31.2 million.
The real estate in India holds promise to institutional investors, as noted by global realty consultant Cushman & Wakefield as private investment in the country's real estate sector jumped 26% in the first nine months of this year.
American book chain Barnes & Noble made public an on-going US Securities and Exchange Commission investigation on its accounting practices. Barnes & Noble recently restated its earnings for fiscal year 2011 and 2012.
Hayneedle, an online retailer backed by venture capital firms Insight Venture Partners and Sequoia Capital, ranked number 2 in LightningBuy's study of top 100 online retailers.
