Investors might not had been receptive of Facebook Inc's acquisition of Israeli mobile data analytics firm Onavo as stocks of the social media fell 1.5% in pre-market trading today.
Middle East
Serbian delegation to meet in Abu Dhabi for loan agreement
Serbia's committee for economic cooperation would be travelling to the UAE to discuss a loan agreement.
Report shows quarterly increases for the venture funding in Israel
IVC with KPMG worked to draft a report on the progress of venture capital investments in Israel. In a report from Reuters, Israeli technology firms have raised USD660 million in venture in the third quarter.
Grupo BTG Pactual obtains regulatory approval for Mexican outlet
Grupo BTG Pactual got regulatory approval to open a broker-dealer unit in Mexico. Brazil-based Grupo BTG Pactual received approval on Monday from regulatory authorities to establish a new broker dealer operation in Mexico.
Trafigura Beheer, Mubadala Development agrees on purchase of Batista's MMX Mineracao & Metalicos unit
Trafigura Beheer and Mubadala Development would be purchasing a controlling stake in PortCo, a unit of MMX Mineracao & Metalicos.
Latest News
Facebook Inc. had agreed to buy Onavo, an Israeli startup app-maker company, said a report from Reuters.
The helmets for the F-35 fighter jet would have high-tech features that allow pilots to see through the wings and floor of the F-35.
Israel-based Elbit Systems would be making the pilot helmets for the F-35 Joint Strike Fighters. The pilot helmets for the F-35 Joint Strike Fighter would be exclusively manufactured by Israel-based firm Elbit Systems and its US partner, Rockwell Collins.
The Bank of Korea recently announced a USD5.4 billion currency swap deal with the United Arab Emirates for a period of three years.
Royal Mail shares, criticized to be valued too low, had netted hefty profits for its investors. The Abu Dhabi and Kuwaiti sovereign wealth funds have respectively reported a profit of USD30 million each from their investments made in the recently sold UK Royal Mail.
A loan with lower interest rate is what Abu Dhabi's Tourism Development and Investment Co is seeking for the completion of its project in the United Arab Emirates.
Due to so-called 'exogenous shocks', Jordan leverages release of third tranche of the IMF funding.
Countries such as Libya, Syria and Afghanistan as well as African countries such as Mozambique have become prime targets for Indian investments.
Leading Japanese trading firm Itochu formalizes latest contract with the Sultanate of Oman for oil imports.
