The consolidation of Anheuser-Busch InBev and SABMiller was a natural progression when there were only a few markets to tap, said industry analysts.

Google Inc had not been shy investing large amounts of capital in data centers to improve its Internet infrastructure.

Analysts said the European Commission's approval of Actelion's lung disease drug would have potential investors bid for the Switzerland-based drugmaker.

Al Nabooda Automobiles had set plans to expand its German car imports operations in Dubai and Sharjah.

The Gulf region, after years of doldrums, is now on the road for recovery according to Morgan Stanley executives.

California-based startup Paxata has aided scientists in grueling data preparation leading to work analysis.

General Electric decided to exit from its local banking unit for an undisclosed amount. On Monday, Sovcombank had signed an agreement to acquire General Electric's local banking unit.

Stratoscale's core product promised to make data center processes more efficent. Two entrepreneurs recently secured a USD10 million investment for its large data center software product.

Airbnb co-founder and CTO Nate Blecharczyk said the company was not interested in releasing financial information, including its USD200 million investment round held a year ago.

A total of USD545 million in capital commitments was raised from five cornerstone investors included Chow Tai Fook Enterprises Ltd and China Vanke Co Ltd.