DP World (DPW) reported a drop of 28.9% in its 2024 profit attributable to owners after separately disclosed items at $591 million
The investments are valued at $390 million.
This is due to the ongoing social and economic transformation in line with the Vision 2030 programme.
Entrepreneurs in Saudi Arabia and the UAE dominated the fundraising, making up 92% of the total investment value.
The central bank is expected to start its monetary easing cycle on February 20.
The fragrance company will be run in a partnership between General Atlantic with Mona Kattan, sister of Huda Kattan, who founded parent company Huda Beauty in 2013 with her sisters and husband.
