Goldman Sachs has agreed to acquire Industry Ventures, a 25-year-old, San Francisco-based investment firm with $7 billion in assets under management, CNBC was first to report on Monday. The deal underscores the growing importance of secondary markets and buyouts as traditional venture exits remain sluggish. The investment bank is paying $665 million in cash and…
Shorouk Express Kyrgyzstan Materials 20 September 2025 01:02 (UTC +04:00) Remittances from Kyrgyzstan to Georgia saw a sharp rise in August 2025, placing the country among Georgia’s top 25 remittance partners. Access to paid information is limited If You already have a account, please log in Subscription to paid…
Shorouk Express Economy Materials 20 August 2025 05:15 (UTC +04:00) Azerbaijan’s air cargo shipments surged in value to nearly $5 billion in the first seven months of the year, more than doubling compared to last year, despite a sharp drop in total tonnage. Exports rose to about $220 million, while imports jumped to…
Big quote: As Frank Herbert writes in Dune, “Once men turned their thinking over to machines in the hope that this would set them free. But that only permitted other men with machines to enslave them.” We’ve now entered the second half of the year, and tech-related layoffs have already skyrocketed past the 100,000 mark….
Shorouk Express Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email House price growth expectations for the current year have been significantly scaled back amidst broader global uncertainties, according to a new forecast from…
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Shorouk Express Economy Materials 11 July 2025 20:51 (UTC +04:00) Swedish foreign direct investment in Azerbaijan’s economy has skyrocketed, increasing nearly seventy-five times compared to last year’s first quarter, reaching almost $19 million. Meanwhile, Azerbaijani outbound investments declined slightly, totaling just over $315 million during the same period. Access to paid information…
Shorouk Express The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US U.S. consumers face sharp price increases on essential food items like coffee and orange juice should the…
Shorouk Express Economy Materials 8 July 2025 19:12 (UTC +04:00) Azerbaijan exported 128.5 million cubic meters of natural gas to Serbia for $66.6 million in the first four months of 2025. This marks a 7.6-fold rise in volume and an 11.1-fold increase in value compared to the same period last year. Access…
Shorouk Express Finance Materials 5 July 2025 08:41 (UTC +04:00) Photo: National Bank of Kazakhstan From January through May 2025, Kazakhstan processed 45.9 million interbank transactions totaling 613.1 trillion tenge (circa $1.16 trillion), marking significant growth over the same period in 2024. This reflects a 34.5 percent rise in transaction count and an…
