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Egypt and Oman agree to establish joint ...

CAIRO: Egyptian President Abdel Fattah El-Sisi and Sultan of Oman Haitham bin Tariq have agreed on a study to establish a joint investment fund between their two countries, focusing on feasible projects in various vital sectors. In a joint statement issued on Tuesday, the two leaders confirmed during the Egyptian President’s official visit to Oman […]

The new founders’ investment fund has su

Early-stage startups are always looking for financial support at different stages of their business. However, a new business also needs expertise at various levels, which sometimes requires a guideline, a walkthrough to find shortcuts, or the best way to deal with obstacles on the road to success. This kind of help is not so easy […]

Avex USA Expands Seed Investment Fund to...

In April last year, Japanese music and entertainment company, Avex Group, expanded into North America with the launch of Avex USA. At the time, Avex noted that its North American arm, led by Chairman Naoki Osada, will house three main business divisions, Avex USA Publishing, the Avex USA label SELENE and the “Future of Music […]

Jefferies earnings should worry investme...

Text size Jefferies’ total underwriting revenue fell 62% as banks faced tougher conditions. Amir Hamja/Bloomberg Wall Street just got a taste of what to expect when investment banks release their second-quarter results next month and it’s not happy. Jefferies Financial (ticker: JEF) reported results for its fiscal quarter ending May 31 and saw revenue fall […]

Plural, the founders’ investment fund, f

‘We have already seen the real impact that a well-funded start-up scene can have on the economies of small countries like Estonia. Now is the time to extend this GDP impact across Europe. Four major players on the European tech finance scene have launched Plural, a new €250 million venture capital investment platform ready to […]

Investment fund seeks to put Sonoma and ...

In the shadow of the startup capital of the United States, Sonoma and Marin counties are generally overlooked as a place to seek out the next entrepreneurs who could cause disruptions in the nation’s economy. But Zachary Kushel wants to put an end to the idea that you have to be in San Francisco or […]

Investment fund Amethis has announced th...

Italy: Conad Adriatico celebrates 50 years with continued sales growthConad Adriatic celebrates its 50th anniversary with a national market share of 18% and a turnover of €1.85 billion in 2021 (+7.7% year-on-year). The cooperative and the Italian retailer expect further sales growth in 2022, aiming for 1.92 billion euros.Source: esmmagazine.com UK: Asda plans new convenience […]

Stockton’s award-winning family business

A Stockton family business, which was crowned Business of the Year last week, has secured investment to support its future growth. Cleveland Containers won the evening’s top prize at the Teesside final of the North East Business Awards, held at Middlesbrough College on Thursday June 23rd. At the event, chief executive Johnathan Bulmer, who runs […]

Are working conditions improving in inve...

Wall Street Over the past two weeks, Poets&Quants has been reporting on working conditions in investment banking and, it turns out, most of the rumors ring true: a recent survey of nearly 500 bankers found long hours, strained relationships and a sharp decline in both mental and physical health. (For details and pointed quotes, see […]

The European Investment Fund and CNES si...

KOUROU, French Guiana (PR CNES) — On Wednesday June 22, 2022, Jean-Marc Astorg, Director of Strategy at CNES, and Alain Godard, Managing Director of the European Investment Fund (EIF) signed a partnership agreement at the Center Spatial Guyanais to support SMEs and mid-sized companies in the space sector. This in the presence of Kris Peeters, […]

NBT Bank and CEI-Boulos Capital Manageme...

NBT Bank and CEI-Boulos Capital Management recently announced the launch of the NBT CEI-Boulos Impact Fund, a $10 million real estate investment fund with NBT Bank as the sole investor. The fund is designed to support low- and moderate-income individuals and communities through investments in high-impact, community-supported commercial real estate projects located in Community Reinvestment […]

LaVida Studios Reaches $50M Investment D...

LaVida Studios will be responsible for all Africa-based production for The Story Lab. In addition, Denstu also announced a joint initiative with the African International Film Festival (AFRIFF) to support African writing talents to create globally receptive original African stories. “We are thrilled to work with Dentsu and his team The Story Lab in the […]

Brookfield taps three investment banks f...

Bruce Flatt, global CEO of Brookfield. Louise Kennerley Brookfield paid US$1.1 billion ($1.6 billion) for La Trobe, including a performance hurdle payment. It has pledged to contribute US$765 million ($1.1 billion) in equity and fund the rest with debt. On equity, Brookfield Business Partners, Brookfield’s Toronto Stock Exchange and NYSE-listed investment vehicle, took US$250 million […]

African Development Bank chief announces...

The African Development Bank (AfDB) is setting up youth entrepreneurship investment banks that will help increase youth wealth for Africa’s young population, the bank’s president, Akinwumi Adesina, announced on Tuesday. The banks, which will be rolled out by the end of this month, will act as new financial institutions that create supportive ecosystems around youth […]

NSDL begins talks with investment banks ...

Credit: VCCircle National Securities Depository Ltd (NSDL), India’s first and largest depositary services company, has started talks with investment banks for an initial public offering (IPO) worth ₹4,500 crore, said two people familiar with the development. The IPO is expected to be worth at least ₹4,500 crore at a valuation of ₹16,000-17,000 crore, the second […]

AfDB to create investment banks for youn...

African Development Bank (AfDB) President Akinwumi Adesina said on Wednesday that the multilateral lender would soon establish investment banks for young entrepreneurs on the continent. Adesina, who told the Commonwealth Business Forum in Kigali, Rwanda, criticized the structure of existing commercial banks on the continent. He said the current model of financial institutions in Africa […]

NBT Bank and CEI-Boulous Capital Managem...

NBT Bank and CEI-Boulos Capital Management recently announced the launch of the NBT CEI-Boulos Impact Fund, a $10 million real estate investment fund with NBT Bank as the sole investor. The fund is designed to support low- and moderate-income individuals and communities through investments in high-impact, community-supported commercial real estate projects located in Community Reinvestment […]

Investment Banks Are Sounding the Recess...

Investors are starting to worry about a possible recession – and Main Street seems to agree, with consumer sentiment plunging this week. Justin Sullivan/Getty Images Morgan Stanley, UBS and Wells Fargo all said a recession became more likely last week. Ordinary Americans seem to agree, with consumer opinion polls plummeting. The Federal Reserve is raising […]

Westboro Mortgage Investment Fund Announ...

OTTAWA, June 21, 2022 (GLOBE NEWSWIRE) — Effective June 1, 2022, the Westboro Mortgage Investment Fund Board of Directors increased the monthly distribution per eligible Class F unit from $0.06/unit to $0.064/ go. This increase provides a non-compounded annualized return of 7.68% or, if the investor has elected to reinvest distributions (DRIP), a compounded annualized […]

Investment banks are sounding the recess...

Morgan Stanley, UBS and Wells Fargo have all said that a recession became more likely last week. Ordinary Americans seem to agree, with consumer opinion polls plummeting. A dominated word Wall Streetlast wednesday cover Federal Reserve meeting: recession. Stock executives like Morgan Stanley’s Mike Wilson, economists like Wells Fargo’s Jay Bryson and billionaire investors like […]

All On and Greenage Technologies Reach $...

BY ROSEMARY IWUALA Shell-funded impact investment firm All On has invested $500,000 in Greenage Technologies Power System Limited to fund the construction and expansion of its charge controller and inverter manufacturing plant in the state from Enugu, south-eastern Nigeria. The investment, which is a mix of equity and convertible debt, will help Greenage Technologies achieve […]

Jordanian investment fund, ISSF invests ...

The Fund for Startups and Innovative SMEs (ISSF) – the largest investment fund of its kind in Jordan – announced a direct investment of $250,000 in Gamiphy; an e-commerce growth platform that enables online businesses to launch various omnichannel experiences for their users, such as customer loyalty programs, live commerce experiences, branded games, on-site recommendations […]

NFT Platform Immutable Launches $500M Fu...

Friday (June 17), NFT Scaling Platform Immutable announced the launch of a new $500 million fund to help NFT developers fund NFT development through crypto investments. According the press releasethe company’s inaugural $500 million fund will accelerate the growth of the Immutable X protocol, Immutable’s development platform, by allocating token grants and investments to games […]

The Wave signs new investment agreement ...

The wave has entered into a new investment agreement worth £27 million with Sullivan Street Partners, which will support its plans to develop several new sites in the UK and Ireland. The Wave is developing a slew of indoor surf destinations after opening its first location in Bristol in 2019. The Wave is in talks […]

ChristianaCare Community Investment Fund...

ChristianaCare provides $1.1 million through its Community Investment Fund to 13 nonprofit organizations. This is the second round of grants since the Launch of the Community Investment Fund in 2019. ChristianaCare partners with organizations that provide resources for healthy meals, a safe place to sleep, and healthy, safe and affordable homes, reflecting the findings of […]

Capital Bank approves a capital increase...

Ammon News – The general meeting of Capital Bank on Wednesday approved the recommendation of the board of directors to increase the capital of the bank by issuing new shares in favor of the Public Investment Fund (PIF) as a strategic investor of Capital Bank. In an extraordinary virtual meeting, Capital Bank Group Board of […]

Edo Reaches N2bn Tourism Investment Agre...

NNN: The Edo government said it secured a N2 billion tourism investment with Miami-Dada County, Florida, USA. The State Commissioner for Industry, Trade and Cooperatives, Ms. Afie Braimoh, said so on Thursday in Benin. Braimoh revealed that she made the deal for the investment during her last visit to America, where she met with the […]

Enugu-based start-up signs N302.5m inves...

By Jude Chinedu, Enugu Greenage Technologies Power Systems Limited has signed an investment agreement worth $500,000 (N302,500,000) with a Shell-funded impact investing company, All On. The agreement aims to finance the construction and expansion of the Greenage charge controller and inverter manufacturing plant in Enugu State. Are you a 40+ male? Don’t miss Vital Information, […]

Morocco seeks Saudi financial support fo...

RABAT, June 16 (Reuters) – Morocco on Thursday invited Saudi Arabia to contribute to a fund to boost investment, seeking economic gains from its close political alliance with the Gulf monarchy. Morocco’s economy is expected to slow to 1.5% this year from 7.9% last year due to drought and imported inflationary pressures. “We invite the […]

Are you moving away from early-stage sta...

In recent months, there has been growing panic over predictions that the US economy is heading into a recession. We are already in a bear market and startup investors, it seems, are changing their stances and strategies with the prediction of dark times ahead. The capital may still be there, but investors are wary due […]

Launched Aman Investment Fund “Youm-B-Yo

Moghazy: AMAN is keen to promote the concept of cashless economy through reliable and advanced financial services, to better reach the unbanked savings activities among them, aligning with the initiatives of the CBE and The FRA Al-Khatib: YOUM-B-YOUM service significantly improves the facilitation of the savings process, as one only needs the national ID card […]

Aman for Microfinance launches the first...

The fund was created in partnership with Prime Investments-Asset Management as a savings fund targeting individuals who do not have a bank account as well as corporations. The fund offers a daily return on investment (ROI). Speaking to Ahram Online, Aman Financial Services CEO Hazem Moghazy said the fund mainly plans to invest in treasury […]

Saudi Arabian Centers and Riyadh Capital...

REUTERS: Major Wall Street indexes were expected to open higher on Friday as signs of slowing economic growth and falling commodity prices dampened expectations about how aggressively the Federal Reserve will raise interest rates. interest in containing inflation. Global financial markets have been rocked this month by fears that rapid rate hikes by major central […]

China’s securities regulator denies aski

File photo shows the entrance of China Securities Regulatory Commission (CSRC) in Beijing, capital of China. (Photo: Xinhua) The China Securities Regulatory Commission (CSRC) on Tuesday denied media reports that it had asked foreign investment banks to limit executive compensation, saying that while working to prevent financial risks, it respects the business decision-making of foreign […]

Saudi IT firm MIS to launch $266m invest...

LONDON: OPEC has maintained its forecast that global oil demand will exceed pre-pandemic levels in 2022, although the producer group said the Russian invasion of Ukraine and developments around the coronavirus pandemic pose a considerable risk. In a monthly report released on Tuesday, the Organization of the Petroleum Exporting Countries maintained its forecast that global […]

Celsius Network was only recently hiring...

Things have changed a bit at Celsius Network. As recently as May 2022, Jason Tucker-Feltham left his position as head of UK compliance advice at Unicredit in London and moved into a front office role as head of European sales at Celsius. In that context, Tucker-Feltham said he would work for a company that “allows […]

IT Spending by Investment Banking Market...

Los Angeles, USA,-The research study presented here is an excellent compilation of various types of analysis of significant aspects of the global Investment Banking IT Spending Market. Through devilishly researched analysis and Porter’s Five Forces Analysis, it provides an in-depth explanation of the strengths and weaknesses of the Global Investment Banking IT Spend Market and […]

Investment banks say it’s time to get ba

China’s reopening after weeks of major cities shutting down is “attracting” investors, HSBC said, while Goldman Sachs named a series of stocks it says have attractive valuations. Shanghai and Beijing have started easing their Covid restrictions after weeks of strict lockdowns. This openness – combined with soaring public investment and falling stock market valuations – […]

Investment banks raise oil price forecas...

Several investment banks raised their crude oil price forecasts for the year, indicating a delayed respite from high prices. Bank of America analyst Paul Ciana pointed out in a note that West Texas Intermediate (WTI) oil has been trending up lately, suggesting prices could rise. WTI oil rose to $130 a barrel in March, after […]

Boenning & Scattergood, one of Philadelp

Boenning & Scattergood, one of the last remaining traditional investment banks and brokerage firms in the Philadelphia area, is considering restructuring or selling parts of its business, according to people familiar with the company. The 108-year-old firm, which handles about $2 billion in client money from its offices in West Conshohocken, employed more than 150 […]

Nano One battery partnership and investm...

Nano One Materials Corp (TSX:NANO) has signed a strategic partnership agreement with Rio Tinto (LSE:RIO), providing iron and lithium products, collaboration and a US$10 million investment in Nano One by the mining giant. The partnership and funding are intended to accelerate Nano One’s multi-cathode (multi-CAM) commercialization strategy. It should also help support cathode active material […]

Jordan and the United Arab Emirates laun...

RIYADH: The International Finance Corporation, a member of the World Bank Group, is open to investing and supporting the fintech sector in Saudi Arabia as it plans to expand its existing portfolio worth $8 billion invested in the Kingdom, a senior official said. In an exclusive interview with Arab News, Hela Cheikhrouhou, IFC Regional Vice […]

Acquisition and investment of OmniaBio, ...

OmniaBioa subsidiary of CCRMentered into an acquisition agreement with Medipost, a global company specializing in stem cell therapies. Medipost acquires a stake in OmniaBio from CCRM for a cash consideration of $30 million and invests an additional $60 million in OmniaBio. “CCRM spent a lot of time looking for the right investment partner for OmniaBio, […]

PIF-backed Saudi-Jordanian Investment Fu...

Zain Group boss is first Kuwait-based CEO on Forbes list of Top Middle East Leaders LONDON: Forbes Middle East has named Bader Nasser Al-Kharafi CEO of Zain Group. as one of the Top 100 CEOs in the Middle East for 2022. He is ranked 35th and leads a number of other Kuwait-based leaders on the […]

Investment Banks Accelerate ECB Rate Hik...

The headquarters of the European Central Bank (ECB) is pictured in Frankfurt January 21, 2015. REUTERS/Kai Pfaffenbach/File Photo Join now for FREE unlimited access to Reuters.com Register June 6 (Reuters) – BofA Securities now expects the European Central Bank to raise interest rates by 150 basis points this year, including moves of 50 basis points […]

Investment banks cut Kospi targets amid ...

Major foreign investment banks have downgraded their targets and ratings on South Korea’s benchmark Kospi, which has faced market volatility stemming from mounting inflationary pressure and the protracted war between the Russia and Ukraine. Japanese firm Nomura Securities lowered its investment rating on the Korean market from “overweight” to “neutral” last week, suggesting investors hold, […]

Two Chinese investment banks plan major ...

Two major Chinese investment banks plan to lay off nearly a third of their staff amid a tough environment for new listings. Two major Chinese investment banks are planning to gradually lay off about 30% of their staff, according to a report by local media “Sing Tao Daily” (translated from chinese). The layoffs, which involve […]

Investment Banking IT Spending Innovativ...

JCMR recently announced an Investment Banking IT Spend Study with over 250 market data tables and figures spread across pages and an easy-to-understand detailed table of contents on “Investment Banking IT Spending” . The IT Spending by Investment Banks report provides you with different methods to maximize your profits. The research study provides estimates of […]

Binance Announces $500M Investment Fund ...

In a Press releaseBinance announced the closing of a new $500 million investment fund through its venture capital and incubation arm, Binance Labs. Binance said the fund is backed by top global institutional investors such as DST Global Partners and Breyer Capital. Other large private equity funds, family offices and corporations have also subscribed to […]

Greaves Cotton soars after EV Arm signs ...

Greaves Cotton jumped 7.20% to Rs 173.40 after the company announced a strategic investment by Abdul Latif Jameel in its electric vehicle (EV) arm Greaves Electric Mobility. Greaves Electric Mobility (GEMPL), Greaves Cotton and Abdul Latif Jameel International DMCC (investor) have signed a share subscription agreement and shareholders’ agreement for an investor […]

Binance Labs Closes $500M Investment Fun...

Key Takeaway: Binance Labs Closes New $500M Investment Fund with Backing from Leading Global Institutional Investors; the new fund will invest in projects that can expand cryptocurrency use cases and drive adoption of Web 3 and blockchain technologies; the new fund will invest in three different stages: incubation, early-stage business and late-stage growth. Binance Labs […]

Binance Labs’ $500M Investment Fund, FTX

Source: Adobe Stock / bilalulker Get your daily digest of crypto-asset and blockchain-related news – by investigating stories that fly under the radar in today’s crypto news. __________ Investment News Binance Labsthe venture capital and incubation subsidiary of Binance, announcement the closing of a new investment fund of 500 million dollars. It will invest in […]