BlueFive Capital, a global investment firm, said it has successfully closed the Onyx Fund I, a $3 billion fund registered with the Abu Dhabi Global Market (ADGM), that targets businesses at the frontier of innovation, specifically in artificial intelligence and biotechnology.
ExtraHop, a US-based cybersecurity company and a leader in modern network detection and response (NDR), has announced its expansion into Saudi Arabia following significant international growth, including key expansions and customer wins across Europe, Middle East and Asia Pacific.
NKEY Architects, an international full-cycle architecture and design company delivering comprehensive solutions - from concept to implementation - has announced the relocation of its global headquarters to Dubai, thus marking a significant milestone in its next phase of growth.
Investcorp Capital, an investor in private markets and a capital financing services provider in the alternative investments space, has acquired Guardian Fire Services, a leading fire and life safety services company operating in the US, thus capping $1.1 billion of new investments in six months.
Investcorp Capital, a unit of Bahrain-based Investcorp, has announced that it has acquired a diversified portfolio of industrial assets for $400 million. The deal covers properties located across coastal markets in both the eastern and western US.
Airlines have cancelled more than 1,000 US flights during the peak Christmas travel period on Friday, with severe winter storm warnings and heavy snow forecast across parts of the Midwest and northeast, said media reports. A total of 3,974 flights were delayed across the country.
Valmet, a global technology leader serving the process industries, has entered into a deal with UK-based private equity firm Bluewater to acquire the Severn Group, a major US industrial valve company, for $480 million on a cash and debt-free basis.
The global GDP is projected to surge 2.8% in 2026, led by stronger momentum in the US and resilient exports from China, while the euro zone benefits from targeted fiscal support despite longer-term challenges, said Goldman Sachs Research in its new report.
The total value of Bahrain's non-oil exports (national origin) increased to BD317 million ($836 million) over the last year's figures of BD316 million ($833 million), said a report. The top 10 countries accounted for 73% of the total exports (National Origin) value.
Abu Dhabi-based Mubadala Investment Company and Barings, one of the world’s top investment managers, have entered into a $500 million global real estate debt partnership. The new JV will focus on investing in subordinated loans across real estate asset classes.
