Qatar
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MENA Digest: SiFi, Elevate raise funds; May VC funding up 5 times from April, down 58% YoY
Saudi Arabia-based fintech startup Simplified Financial Solutions Company (SiFi) led funding activity in the Middle East and North Africa (MENA) ......
Economy
Qatar economy grew 1.2% year on year in Q3 2023
The Gulf state of Qatar's real gross domestic product (GDP) increased 1.2% year on year in the third quarter of ......
People
Ashok Wadhwa to buy QInvest's 26% Ambit stake; Saurabh Mukherjea to quit
Ace dealmaker Ashok Wadhwa, group CEO at Ambit Holdings, will acquire Qatari investment firm QInvest LLC’s 26% stake in the ......
Manufacturing
India defers provisional safeguard duty on unwrought aluminium imports
Under criticism over its protectionist measures for the domestic steel industry, India has deferred the 5% provisional safeguard duty on ......
Manufacturing
Govt initiates safeguard duty investigation on unwrought aluminium imports
The Indian government on Wednesday initiated a safeguard duty investigation into imports of unwrought aluminium into the country.Unwrought aluminium is ......
People
Qatar's emir appoints Mohammed Al Sowaidi as new CEO of wealth fund QIA
Qatar's emir on Tuesday appointed Mohammed Al Sowaidi as CEO of the Qatar Investment Authority (QIA), according to a statement issued by ......
Consumer
Qatar wealth fund cuts stake in British supermarket group Sainsbury
The biggest shareholder in Sainsbury's, the Qatar Investment Authority (QIA), is selling 306 million pounds ($399 million) worth of shares ......
Infrastructure
Qatar Airways to buy 25% stake in Virgin Australia from Bain Capital
Qatar Airways will buy a 25% stake in Virgin Australia from U.S. private equity firm Bain Capital, posing a tougher contest for Qantas ......
Finance
Qatar Investment Authority expands into Australia, Korea and Southeast Asia
The Qatar Investment Authority (QIA), the country's sovereign wealth fund, is in the middle of expanding into Australia, Korea and ......
Finance
Golden Gate Ventures' Lints on portfolio mix for first MENA fund, LPs and more
Golden Gate Ventures (GGV), a Singapore-based early-stage venture capital firm that launched a $100 million target Middle East and North ......
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