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 Bloomberg
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