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B’naire Jeff Bezos offloads USD 5 bn worth of Amazon shares
Bezos’ has offloaded some USD 13.5 bn worth of shares this year
Nearly USD 9 bn worth of locked-up BTC is about to hit the market — what does it mean for prices?
PLUS: Apple has just joined OpenAI’s board
Corporate clients at Mashreq can now make instant payments
The service is integrated with the Central Bank of the UAE’s Aani
Dubai asset manager KHK & Partners spins off new capital raising arm, eyeing global asset managers
The firm has already raised checks for global asset managers ranging from USD 5 mn to USD 200 mn
GCC sovereign wealth funds lead state-backed investments in 1H 2024
Saudi Arabia’s PIF led investment activity globally
BIS warns against slashing interest rates too soon
Central banks should keep an eye on risks like high public debt and falling property values
M&A activity is off track globally this year
Transaction value in 2024 is over USD 300 bn below the 10-year average in 1H
Alcazar Energy to Invest USD 500 mn in 400 MW Wind Farm in North Macedonia
The project will bring Alcazar Energy’s investments in the Western Balkans region to some USD 1 bn
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