Alkhabeer Capital said it would put more investments in the Gulf region and seek listing in the local bourse.
Investors
Catavolt closes Series B round with USD 5 million
Catavolt Inc scored USD 5 million for its Series B funding round. The world's foremost creator of a platform for cloud middleware enterprise mobility recently announced the closure of its Series B investment round.
Dundee Corp CEO appoints son as deputy chairman and chief operating officer
CEO Ned Goodman of Dundee Corp appointed son Jonathan as the firm's new Deputy Chairman and Chief Operating Officer.
Arkami scores USD 1.8 million in Series A funds
Arkami gathered USD 1.8 million in Series A funds to develop myIDkey. Arkami, maker of myIDkey, raised USD 1. 8 million in Series A funds. The round was led by McNeel Capital, Gordon Clemons, Mark Swanson and other unnamed angel investors.
Extreme Reach agrees to buy Digital Generation's TV biz
Extreme Reach said it had agreed to the acquisition of the TV business of Digital Generation for USD 485 million.
Latest News
Two sources told Reuters that Barclays was mulling the sale of its UAE retail banking operations. Two sources told Reuters that Barclays is considering a sale of its retail banking business in the United Arab Emirates (UAE).
Sources told Reuters that Mizuho Financial Group offered to acquire a stake for Bank Panin from ANZ.
Triton Fund announced that it would acquire Alpine Energie from FCC. The Triton Fund announced that it had agreed to purchase Alpine Energie from Fomento de Construcciones y Contratas SA (FCC).
ATK won a contract with Orbital Sciences Corp. that would allow provision of the motor of solid rockets used for the latest air-launched space transport system.
A newspaper reported that British bank Lloyds Banking Group received bids for its Australian businesses.
Groupama sold its last stake in SocGen for EUR 517.8 million. French insurance company Groupe des Assurances Mutuelles Agricoles (Groupama) finally sold its remaining 1.
Mergers would enable Austrian regional banks to save money for a Volksbanken buy back. An official representing Austrian regional banks told newspaper Kurier that mergers would enable them to save money to help buy back Volksbanken AG.
Bain Capital Partners said it would sell its majority stake in Domino's Pizza Japan to Australia's Domino's Pizza Enterprises Ltd.
A unit of Glencore Xstrata revealed that it would scaling back on its workforce as well as its budget in the Tampakan copper-gold mine in South Cotabato, Philippines.
