Virgin Mobile Middle East & Africa (VMMEA) is one of three companies that won a virtual telecom license in the kingdom according to reports.
Investors
Australian investors scared of Chinese investment frenzy
According to a poll, Australians are scared of 'too much' Chinese investments in their country.
FCC's Alpine Bau faces break up due to insolvency
Alpine Bau, the insolvent arm of Spain's construction group FCC, could break up with the failure of last-ditch talks to save the company.
Vodafone finalizes acquisition of Kabel Deutschland
Vodafone Group Plc had finalized a preliminary agreement to purchase Germany's largest company Kabel Deutschland Holding AG.
Russia’s Pharmstandard to sell OTC drug business - sources
Russia's biggest drug manufacturing company, OAO Pharmstandard (PHST), intends to sell its over-the-counter medicine business.
Latest News
Wego.com raised $17 million in Series C funding. (Photo : Reuters)This is the logo of Wego. com Travel serch engine Wego. com ha raised a total of $17 million in Series C funding.
PMC Group sold Servi to Norweigian Ferd Capital. (Photo : Reuters)The image is Norway's flag. Servi, a company that deals business within the Norwegian offshore area, have clients comprising of leading manufacturers, fleet owners, and other production businesses.
Sonendo gained $18 million in its latest round of fundraising. (Photo : Reuters)This is an image of a commonly used procedure in medical diagnostics, electrodes on skin to measure movement and activity.
Nereus Capital Management would be receiving US$100 million for its clean energy fund for India. (Photo : Reuters)The image is the logo of the United States Agency for International Development.
ENRC founders and the Kazakh government offered a mix of cash and share to acquire ENRC valued at GBP3.04 billion and shares at Kazakhmys Plc.
Temasek Holdings from Singapore pledged to invest into Celltrion. (Photo : Reuters)The image is a biotechnology lab that is the subject of investments by Tullis Health Investors.
Sharp has received the remaining $60 million of Qualcomm's investment, making the latter the third largest investor in the company.
Keynote was bought by Thoma Brave for $395 million. (Photo : Reuters)This is cloud computing technology. Keynote announced on Monday that it has closed the deal with Thoma Bravo to sell itself for an amount worth $395 million.
Osprey Capital announced it made a 35% investment into Mansard Capital. (Photo : Reuters)This is the logo of Mansard Capital. Osprey Capital Limited, a venture capital firm from the United Kingdom, has announced an investment of 35% in Mansard Capital.
