Reuters

Finance

The Federal Reserve Wednesday raised its benchmark overnight interest rate by half a percentage point, the biggest jump in 22 ......

US Fed hikes interest rate by half percentage point, to begin balance sheet reduction in June

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TEAM VCC

Awign, an HR-tech startup that offers a work-as-a-service platform, has found an international strategic investor that has picked up a ......

How HR-tech startup Awign got valued in strategic deal as Capria, Amicus exit

K Amoghavarsha

General

A large transaction in the healthcare sector and a couple of mid-sized transactions boosted the total value of private equity ......

Deals Digest: Weekly volume drops but total value jumps on large PE transaction

Chinese food delivery giant Meituan is seeking to hire staff for at least eight positions based in Riyadh, in a sign ......

China's Meituan looking to foray into Saudi Arabia in a bid to expand

Infrastructure

The United Arab Emirates will tender shortly for the construction of a new nuclear power plant that would double the ......

UAE planning a second nuclear plant, to seek bids this later year

Dilasha Seth

Funding activity in the Middle East and North Africa region revived this week with a slew of early-stage deals, led ......

MENA Digest: UAE's WEE Marketplace, three Egyptian startups secure funding

Debjyoti Roy

Healthcare

US-based private equity firm Advent International has agreed to invest Rs 2,475 crore ($296 million) to pick up a minority ......

Advent International to invest $296 mn in Apollo Hospital unit

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