Funding & Business
General Catalyst Backs Dubai-Based Startup Prypco
Dubai-based property tech platform Prypco has secured pre-series A funding from US venture capital firm General Catalyst. Founder and CEO Amira Sajwani spoke to Bloomberg’s Horizons Middle East and Africa anchor Joumanna Bercetche about the partnership and where the capital will be deployed. (Source: Bloomberg)
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Botswana’s credit rating was cut by S&P Global Ratings, another blow to its diamond-dependent economy that’s struggling with a slump in demand for its gems.
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Snam SpA’s purchase of a stake in German gas network operator Open Grid Europe from Abu Dhabi’s Infinity Investments is unlikely to close this month as planned, Il Sole 24 Ore reported.
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