Chinese investor makes multi-million dollar bid for French pharma company

Chinese investors specializing in healthcare are increasingly expanding into the European market with a series of high-profile, strategic investments. This is part of a trend of heightened healthcare deal activity from Chinese investors. Last year, companies based in China announced acquisitions in the medical industry worth 30.4 billion USD – representing twice the investment level…

Chinese VC firm invests 1 million USD in joint global healthcare venture

I-Bridge Capital, a health-care focused venture capital firm and incubator based in Shanghai, has announced the establishment of a joint venture with BioLineRx Ltd., a drug company based in Israel. The venture will incubate healthcare startups, in order to develop innovative clinical and pre-clinical therapeutic projects. Though these projects will originate primarily in Israel, they…

10 ways your organisation can cut costs effectively

With a recent cost survey by Deloitte showing that 88 percent of companies will be pursuing cost-reduction measures over the next 24 months, effective cost strategies have never been in greater demand. As part of Naseba’s ongoing effort to meet this demand, we’ve researched and summarised 10 key strategies to help your organisation cut costs…

The rise of Arab women entrepreneurs

For over 20 years, Joy Ajlouny has been an e-commerce industry professional whose business and fashion influence has spanned the globe. Joy is the co-found of Fetchr, a Silicon-Valley backed technology company based in Dubai aimed at solving emerging market shipping logistics. Fetchr is the first start-up in the Middle East to be funded by…

VAT: Preparing for the new tax regime

Following the historic decision by GCC member states to adopt value added tax (VAT) on January 1st 2018, regional businesses are scrambling to determine exactly what the tax will mean for them. For regional CFOs, the introduction of VAT within the GCC marks the beginning of a new era in financial reporting, and therefore a…