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Crypto Breaking News

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Bloomberg

Dubai Aerospace CEO: M&A Part of Our DNA

Dubai Aerospace Enterprise is buying Macquarie AirFinance for an enterprise value of about $7 billion. The purchase will double DAE's fleet to more than 1,000 units and the company plans to finance the cash transaction with a combination of debt and equity. Firoz Tarapore, CEO of Dubai Aerospace Enterprise spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche on the acquisition.

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Bloomberg

Fadlallah: Saudi Arabian Market Reflects 21st Century

Saudi Arabia has been the laying the groundwork for more consequential reforms, including the recent opening of its $2.5 trillion stock market to all foreign investors. Tarek Fadlallah, Middle East CEO at Nomura Asset Management says it's time to adopt a more positive outlook on Saudi Arabian equities, after two decades of caution. He joined Bloomberg's Joumanna Bercetche on Horizons Middle East and Africa.

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Bloomberg

HK Government to Inject New Capital Into Investment Fund

Hong Kong Investment Corporation CEO Clara Chan says she expects the government to soon announce more details of the planned capital injection into the fund, with the original $8 billion already mostly allocated. Speaking on Bloomberg's The China Show, she also discusses partnership plans to invest in commercial property.

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