Egypt confirms USD 2 billion deposit to be made by Kuwait

The aid by Kuwait to Egypt would consist of USD2 billion in a central bank deposit, USD1 billion grant and USD1 billion in oil products.


Emily Blunt, John Krasinski purchase USD 2 million house for new addition to family

Hollywood couple Emily Blunt and John Krasinski bought a new mansion in Ojai, California as actress confirmed her pregnancy.

Marriott nearing completion of property sale to sovereign wealth fund

The sale of three Edition-branded properties are nearing completion according to Marriott CEO Arne Sorenson.

Dell stockholders approve merger

Today, Dell Inc.'s founder Michael Dell announced that the majority shareholders of the company had voted in favor of his planned privatization of the computer maker firm.


Latest News

Youtube network company Maker Studios recently concluded its Series C funding that it had started in December last year with an additional USD26 million in commitments.
Former partners of the venture capital firm Morgenthaler Ventures, had raised USD175 million in a seed funding round for their newest fund outside Morgenthaler called Canvas Venture Fund.
Bridgepoint sold Finnish healthcare services operator Terveystalo to EQT VI. Private equity firm Bridgepoint sold Terveystalo to EQT VI. Terveystalo is a Finland-based private healthcare provider.
Dell Inc shareholders started casting their votes to approve Michael Dell's buyout offer today.
According to a Bloomberg report, Vivendi SA would be moving closer to a spin off of its telecommunication and media assets, with investor Vincent Bollore appointed as new deputy chairman.
Virgin Atlantic's partnership with Delta Air is sought to be replicated in the Gulf region. Virgin Atlantic's Richard Branson is contemplating the option of forging an east-focused alliance with a major carrier from the Gulf region.
Matterport Inc closed its Series A-1 round with USD 2.8 million from various investors. California-based developer Matterport Inc announced that it was able to close its Series A-1 round with USD 2.
Softbank Corp planned to ink a loan agreement with 19 banks tomorrow to refinance its debt when it purchased Sprint Corp in July.
Harvard-born startup HourlyNerd would announce on Thursday that it had received USD750,000 in its seed funding round, the most significant investment coming from ABC's venture capital reality show "Shark Tank" star and billionaire Marc Cuban.
A Securities and Exchange Commission filing today revealed that Hilton Worldwide applied for a USD 1.25 billion IPO.
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