CargoX, an autonomous delivery platform based in UAE, said it has raised $250 million from an investor group, led by BlueFive Capital. The funding is mainly aimed at supporting the expansion of CargoX’s autonomous logistics network across the UAE and international markets.
GymNation, an upcoming gym operator, has secured a $100 million private credit facility from certain funds and entities controlled by HPS Investment Partners, a part of global asset manager BlackRock, in one of the first regional investments of its size since the Iran conflict commenced.
Gradiant, a leader in advanced wastewater solutions, said it had raised a Series E funding round valuing the firm at $2 billion, amid rapid growth in AI infrastructure, semiconductor manufacturing. The new investment supports strategic merger and acquisition, next-generation research as well as IPO readiness.
The US military's request for $200 billion in additional funding for the Iran war met with stiff opposition in the US Congress on Thursday, as Democrats and even some Republicans questioned the need for the money after large defence appropriations last year.
The United Arab Bank (UAB) has announced the successful conclusion of its AED1 billion ($272 million) senior unsecured dual tranche term loan facility. The new two-year facility further boosts UAB’s liquidity position and its funding flexibility.
Saudi Arabia's Minister of Finance and Chairman of the National Debt Management Center (NDMC) Mohammed Aljadaan has approved the annual borrowing plan for the fiscal year 2026, following its endorsement by the Board of Directors of NDMC.
Saudi Arabia's National Debt Management Center (NDMC) has announced the successful arrangement of a seven-year syndicated loan amounting to $13 billion, aimed at supporting power, water, and public utilities projects.
