A consortium of investors including UAE and Saudi investors have acquired a $105 million stake in US private jet firm Jet Smarter.
UAE investment firm KBBO Group, Qatar investment firm Challenger Universal, and Saudi royal family are among the investors in this $105 million funding round. JetSmarter is a mobile marketplace that connects travelers to private jets from their smartphones.
KBBO Group is listed in the Middle East Investors Directory with the code SINOC16.
More details follows from BloombergContinue ... »