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01.06.26 - 10:12
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Moubayed: Strong GCC Balance Sheet Kept Ratings High (Bloomberg)
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Ratings agencies reaffirmed the strong position of various GCC economies, despite the geopolitical tensions. Alia Moubayed, Managing Director: EMEA Economics & Strategy at Jefferies International spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East and Africa on the resilience of these economies.
(Source: Bloomberg)...
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21.05.26 - 13:06
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KKR Invests in Fresha, the Leading AI-Powered Platform for Beauty and Wellness, at $1bn Valuation (Business Wire)
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LONDON--(BUSINESS WIRE)--Fresha, the leading AI-powered marketplace and business management platform for the beauty and wellness industry, today announced an $80 million primary growth investment from funds managed by KKR, a leading global investment firm. The transaction values Fresha at over $1 billion, marking a defining milestone in its mission to transform how self-care businesses operate globally.
The investment brings Fresha's total capital raised to date to $285 million. Already profitable, Fresha will deploy the new funding to accelerate global expansion and fuel next-generation product and AI innovation.
Headquartered in London and founded in 2015 by William Zeqiri and Nicholas Miller, Fresha is one of the fastest-growing beauty and wellness platforms in the world, with leading market positions in the United Kingdom, Australasia, and the GCC, and a rapidly growing presence across North America, Continental Europe, and South East Asia.
Fresha is used by over 130,000 beauty and wellness businesse...
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19.05.26 - 15:30
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AIG To Acquire Everest Colombia (AFX)
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WASHINGTON (dpa-AFX) - American International Group (AIG) has entered into a definitive agreement to acquire Everest Compaa de Seguros Generales Colombia S.A. or Everest Colombia, Everest Group Lt......
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