Japanese firm SoftBank Group has reportedly provided nearly half of the cash for Abu Dhabi’s state investor Mubadala Investment’s new $400 million European tech fund.
Japanese watchdogs investigate Apple over allegations
Technology giant Apple is being scrutinized by Japanese watchdogs over accusations that the firm had unfairly pressured Yahoo Japan Corp …
Saudi Arabia bets big on tech, prepares for life after oil
Saudi Arabia, the world’s biggest crude exporter is future-proofing itself against oil’s decline by investing the increasingly booming technology industry.
SoftBank $100 billion Vision Fund 2.0 in the works
SoftBank Group founder and CEO Masayoshi Son is reportedly planning the firm’s next $100 billion venture – a version 2.0 of the world’s biggest technology fund, according to people familiar with the matter.
Japanese tech investor to open Saudi Arabian office
SoftBank is reportedly planning to open an office in Saudi Arabia to further strengthening its ties with the kingdom.
Dubai’s Careem in talks to raise $500m in new funds
Some of the new money raised could go towards new business lines, one source said, adding Careem may be looking to diversify ahead of a potential initial public offering (IPO).
Dubai fund invests $47M into farming tech startup Indigo
The farming technology start-up Indigo has reportedly announced that it received an additional $47 million investment from the Investment Corporation …
Detained Saudi Prince Alwaleed an ‘important partner’: Bill Gates
Microsoft co-founder and former CEO Bill Gates said that detained Saudi Arabia’s Prince Alwaleed bin Talal, has been an “important partner” in charitable work to improve health conditions around the globe, according to a report by Bloomberg.
SoftBank Group to invest around $25 billion in Saudi Arabia
Japan-based SoftBank Group aims to invest approximately $25 billion in Saudi Arabia over the coming three to four years, as …
SoftBank: Considering Uber but “no final agreement” yet
Japanese multinational telecommunications and Internet firm SoftBank Group said in a statement that although it is considering investing into the …