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Insights
11-May-18 Ant Financial, the Chinese payments giant controlled by Jack Ma, is expected to close a fundraising of at least USD10 bn, attracting Carlyle Group and the Canada Pension Plan Investment Board as first-time investors. [image: Bloomberg News]
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11-May-18 The Fortis board chose the Hero Enterprise-Burman Family offer as the preferred buyer for India's second largest hospital chain. The board selected this offer after considering the recommendations of an expert advisory committee. [image: ET Healthcare]
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Insights
11-May-18 Alibaba has bought Pakistani e-commerce firm Daraz, as it looks to increase its presence in South Asia. Daraz, founded in 2012, is backed by tech incubator Rocket Internet and operates in Bangladesh, Myanmar, Sri Lanka, Nepal and Pakistan. [image: Shutterstock / Retail In Asia]
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07-May-18 Gulf Capital has acquired a strategic stake in fintech firm Saudi Geidea to boost its presence in the payment and digital financial transactions sector in the GCC. The total value of the transaction is AED978 mn (USD266 mn). [image: Geidea]
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Insights
04-May-18 Gulf Cooperation Council private sector investment growth is expected to continue, and overall healthcare spend to reach USD104.6 bn in 2022, from USD76.1 bn in 2017. Medical tourism is as an integral part of economic diversification in the region. [image: International Medical Travel Journal]
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