Berlin-based online food delivery company Delivery Hero Holding GmbH announced its intention to purchase Yemeksepeti.com for $589 million, to be paid in cash and stock. The goal is to expand their reach into Turkey, the United Arab Emirates and Qatar. Included in the terms of the deal will be that Yemeksepeti’s investors will become Delivery… Continue Reading
Tag Archives: Germany
Middle East investors trigger an overseas property buying spree
According to a Jones Lang LaSalle report, Middle Eastern investors contributed to triggering a 40 per cent increase in commercial property transactions in the last year in Europe, Middle East and Africa (EMEA). According to an analysis released by the property consultant, total investment across EMEA will probably climb to €100 billion this year, led… Continue Reading
Kuwait And Germany To Increase Investments
There have been strong commercial relationships between Germany and Kuwait for many years. Recently, the second session of the Kuwait-German Joint Committee on Economic, Industrial and Technical Cooperation in Kuwait took place. A German official and several economic delegates visited Kuwait. The German delegation met with Kuwaiti businessmen, companies and officials in the Kuwait Chamber… Continue Reading