Singapore expands 1MDB criminal probe to include Goldman Sachs

Singapore has expanded a criminal probe into fund flows linked to scandal-plagued 1MDB to include Goldman Sachs Group Inc., which helped raise money for the entity, people with knowledge of the matter said. Police in the city-state had been examining Goldman’s relationship with the Malaysian state investment company since at least late 2017, but until […]

Dubai’s Careem launches new food delivery service

Dubai: Careem launched a delivery service covering everything from takeaway food to pharmaceuticals on Monday, diversifying from its core Middle East ride-hailing business and increasing competition with rival Uber Technologies. The company has expanded its car service business to more than 120 cities in 15 predominantly Middle East countries since launching in 2012. “We believe […]