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Dubai-based firm advises PHL fintech on $20 million funding

DUBAI, UAE-headquartered Dalma Capital Management Ltd. (Dalma Capital), announced last Wednesday it advised a Philippine fintech startup FHL Financing Co. Inc. on a $20-million debt-financing deal, the largest such financing for a Series A company from the Philippines. The debt transactionโ€”backed by New York City, New York, USA-based emerging-markets specialist…
Hong Kong Abuz Aby United Arab Emirates Abu Dhabi New York United States

Iran seizes second oil tanker in a week in Gulf: US Navy

DUBAI - Iran seized a second oil tanker in a week on Wednesday (May 3) in Gulf waters, and the US State Department called for its release, in the latest escalation in a series of seizures or attacks on commercial vessels in Gulf waters since 2019. The Bahrain-based Fifth Fleet of the US Navy said the Panama-flagged oil tanker Niovi...
Gulf Of Oman Iran General United States United Arab Emirates Bandar Abbas Al Fujayrah

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