- The company's first venture capital fund exceeds initial target.
Chimera Global Fund I LP ("the Fund") is backed by a number of regional and global Limited Partners including Mubadala Investment Company
The Fund’s third and final funding round saw it exceed its initial US$65 million target in less than two months
- Both will cooperate to build a gaming and esports ecosystem in UAE.
Part of the MoU is content creation, as well as support gaming initiatives and events in the UAE.
The gaming and esports markets in the MENA region are growing faster than anywhere else in the world, says the AD Gaming Director of Strategy.
- Lockheed Martin has appointed retired U.S. Army Gen. John W. Nicholson as their new Chief Executive for the Middle East.
Nicholson led the PenFed Foundation, a non-profit organisation that provides U.S. military service members and veterans with support to improve their financial well-being
Bob Harward announced his intention to retire from Lockheed Martin at the end of this year after eight years of service
- An online electronic platform named 'loubany', aimed at promoting Lebanon's economy and industry, will be launched in on 15 January...
The platform spells out its vision as 'Lebanese production, creativity, innovation and competence to reach the four corners of the world'.
The platform particularly addresses Lebanese Diaspora to support the Lebanese economic initiatives.
- The center was announced by Crown Prince Mohammed bin Salman during the Middle East Green Summit held in Riyadh recently.
Saudi Arabia’s National Program for the Development of the Fisheries Sector has launched a regional center to sustainably develop fisheries
The program focuses on research in the fisheries sector and aquaculture related to the health of animals and aquatic organisms
- About US$7 billion is missing from Lebanese central bank’s 2020 balance sheet, data analysis by TRENDS suggests while highlighting weak...
Some of the data sifted by TRENDS point to a US$7 billion scam involving the country’s central bank and the powerful individuals
The poor and weak policies of Banque du Liban (BDL) may have facilitated a “Ponzi” scheme involving Eurobonds





















