Mahmoud Bartawi founded Under500, a brand that was ultimately acquired by dark kitchen outfit Kitopi after raising $700m from investors
WeWork listed estimated assets and liabilities in the range of $10bn to $50bn
The regulatory filing touted hundreds of customers and discussed the AI ambitions for the British chip designer
Arm Holdings didn’t disclose proposed terms for the share sale in its filing with the US Securities and Exchange Commission
Sovereign wealth funds like the QIA have been increasingly looking at private credit, providing evidence of the market’s rapid growth
This funding marks SoftBank’s first direct investment in a Saudi-based company
The deal marks one of the largest funding rounds for a Middle East technology company
It invested in Reef Technology, a startup that manages hubs in parking lots used for food delivery and other services
SoftBank had acquired ARM in 2016 in a deal worth $32bn
PIF is in need of capital as it embarks on an investment spree that has seen it build stakes in some of the world’s largest companies since the start of the coronavirus pandemic