In an unprecedented move, the sovereign wealth fund wants to acquire one of the oldest publicly listed logistics companies in the Middle East. The question is whether the proposed deal can help turn around Aramex.
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There is no dearth of action on the EV front in the country—corporate investments to foreign players coming in and new startups mushrooming. Yet some challenges remain.
After a long phase of controversies, the world’s largest cryptocurrency exchange just received a $2 billion investment from a prominent Emirati firm. Plus, Pokémon GO comes to the Gulf.
The nearly eight-year-old eyewear retailer recently raised $100 million and has emerged as a rare consumer success story in the region. Its rise holds many takeaways.