Washington, United States-- The World Bank and International Monetary Fund's spring meetings get underway later this week with an ambitious reform and fundraising agenda likely to be overshadowed by concerns over high inflation, rising geopolitical tension and financial stability. "Growth remains historically weak -— now and in the medium term," IMF...
Valuations tank but it’s not yet doom and gloom
Some of the fear in markets is unjustified, at least for now. Many of the economic factors that propelled deal-making last year, namely interest rates, haven’t actually changed yet either. VCs, corporates, and others are still flush with cash, and they need to put their money to work, he adds.
UAE kitchen firm Kitopi’s valuation crosses $1 billion
The Dubai-based cloud kitchen company Kitopi has crossed $1 billion in valuation, its CEO has said Its valuation went up after it had successfully raised more than $400 million in fundraising Kitopi, the Dubai-based cloud kitchen company, has seen its valuation go through the roof, crossing one $1 billion, after...
