Canoo Inc (NASDAQ: GOEV) has signed an exclusive agreement with GCC Olayan, a subsidiary of Olayan Saudi Holding Company (OSHCO). The agreement is for sale, service, and distribution of Canoo fleet so...
Tag: GCC
Saudi Arabia, GCC demand Netflix remove content that ‘violates Islamic values’
Jakub Porzycki | Nurphoto | Getty Images Saudi Arabia and five other Gulf Arab countries issued a joint statement demanding that Netflix remove content they say “violates Islamic and societal va...
Top GCC Banker Hussein Al Meeza Joins Islamic Coin Executive Board
Top financier and banker Hussein Al Meeza has joined Islamic Coin – the Shariah-compliant cryptocurrency launched in the UAE. Having been named Best Islamic Banking Personality in 2006, Mr. Al Meeza i...
Gumi Cryptos Capital Launches $110m gCC Fund II, Investing in Crypto Startups
Crypto venture capital firm Gumi Cryptos Capital (gCC) has launched a $110 million second fund, gCC Fund II, to invest in about 50 cryptocurrency companies through equity and tokens. Funding comes fro...
OpenSea Investor gCC Raises $110 Million – Trustnodes
gumi Cryptos Capital (gCC), a blockchain-focused venture capital firm that invested in OpenSea and other entities, has raised $110 million for their gCC Fund II. That follows exceptional performance f...
Crypto VC gCC Raises $110M Early-Stage Fund
gCC Fund II will invest between $500,000 to $5 million per project through both initial and follow-on investments. The firm is targeting 50 or so portfolio companies. Areas of interest include decentr...
The Commodities Boom Is Here. How to Invest With Funds.
Global supply-chain constraints have led to worldwide shortages, abnormal weather is hurting crop yields in major agricultural regions, and inflation has made real assets like commodities an attractiv...
GCC funds reiterate deeper economic ties with Russia
Two of the largest Middle Eastern sovereign wealth funds have no plans in the near-term to divest exposure to Russian assets, anonymous sources told Bloomberg on Monday. Mubadala and QIA funds have si...