Author: Arabian Media staff

Private equity firm Recognize has made the final close of its second fund, Recognize Partners II/II-A, L.P., securing over $1.7 billion in commitments. The oversubscribed fund hit its hard cap within five months, attracting strong backing from both existing limited partners and a new group of institutional investors, including endowments, pensions, and family offices across multiple regions, Recognize said in a statement. Co-founded by Francisco D’Souza, Charles Phillips, and David Wasserman, Recognize focuses on investing in mid-sized digital services businesses—valued between $50 million and $500 million—that aim to leverage AI, software, and digital platforms to drive enterprise transformation.With this fund,…

Films by emerging talents and established auteurs, including the likes of Neo Sora, Marta Popivoda, Abdellah Taïa, Salvatore Mereu and Radu Muntean, are part of the 2025 edition of the Locarno Film Festival‘s Pardi di Domani program, its short and medium-length selection, which was unveiled Tuesday. Locarno calls its Pardi di Domani section “a vital space for expressive experimentation and innovative forms of cinematic poetry” and “a cornerstone” of its mission “to foster dialogue between generations and traditions and to support the filmmakers who will define the future of cinematic expression.” The edition at this year’s 78th edition of Locarno features 40 world premieres across three competitions…

Jason Aldean is taking his Full Throttle Tour global. The ACM Artist of the Decade and multi-time Entertainer of the Year announced the international extension of his current tour today (July 1), revealing a run of shows in Australia and New Zealand for early 2026. Explore Explore See latest videos, charts and news See latest videos, charts and news The newly announced dates will mark Aldean’s debut headline performance in New Zealand and his first time returning to Australia since 2016, when he became the first headliner to sell out CMC Rocks QLD. The 2026 leg kicks off February 19…

Hyperlocal logistics startup Shadowfax has pre-filed its draft red herring prospectus (DRHP) with India’s market regulator, joining a growing list of new-age companies that have opted for the confidential filing route. Shadowfax, which is backed by Flipkart, Eight Road Ventures, and TPG, among others, is reportedly raising around Rs 2,000 crore—2,500 crore through an initial public offering (IPO). The company made a public announcement in the business daily Financial Express. A Reuters report said that the company is aiming for a valuation of Rs 8,500 crore post-issue.Earlier this year, Shadowfax had raised around $17 million (Rs 141 crore) from Mirae…

Willie Nelson and Bob Dylan’s co-headlining Outlaw Music Festival Tour has temporarily hit pause after a powerful storm damaged gear during a recent stop in Missouri, forcing the cancellation of their July 1 show in Oklahoma. Explore Explore See latest videos, charts and news See latest videos, charts and news The June 29 concert at Thunder Ridge Nature Arena in Ridgedale, Missouri, was abruptly cut short when heavy rains and high winds swept through the venue. According to a statement from organizers, festivalgoers were evacuated for safety, but not before the storm reportedly waterlogged artist instruments and damaged key production…

Remember watching this funny satirical video a few years back about the reality of campus placement in colleges across India? It was a funny take on the dynamics of how the Big 5 of the Indian IT sector hired the majority of students in technical colleges and universities. This particular scene, where students are loaded on trucks like commodities, and the placement officer and HR are negotiating and bargaining for a bigger number for their company. It showed the poor situation of campus placements, where college pass-outs were not getting meaningful roles and were stuck with body shop roles in big IT services companies. Low salaries, all engineering branches getting…

In 2022, about 908.8 million people called rural India home. Now, over 50% of them use smartphones, and 95.15% of villages have 3G or 4G internet access. This surge in connectivity is transforming rural landscapes, bringing digital opportunities to areas once isolated from modern economies. At the forefront of these digital opportunities is fintech, emerging as a game-changer, bringing modern financial solutions to India’s hinterlands. The rural reachFintech companies are leveraging the digital surge in India’s rural regions to deliver accessible financial services. From mobile banking to microloans, these platforms are making financial inclusion a reality for millions. Rural households now…

BoyNextDoor’s energy is genuinely infectious. The six-member K-pop group, hailing from the Zico-founded, Hybe sub-label KOZ Entertainment, are only two years into their career, but seeing the group live, one would imagine they’ve been doing it all their lives. At last year’s KCON L.A., the boy group emerged as a standout amongst the weekend’s stacked lineup. Back with their fourth EP, No Genre, BoyNextDoor has found its groove — both sonically and as a group. The album’s lead single, “I Feel Good,” is a charismatic and groovy almost-three-minute journey. It’s an example of the boy group at their best, similar…

As Pride Month 2025 comes to a close, it’s become more clear than ever that LGBTQ+ individuals need the support of their surrounding community more than ever. When K-pop star Bain took the courageous — and mostly unheard of — move of coming out in the midst of his boy band’s Los Angeles concert, the 24-year-old was not only cheered by the hundreds of fans in attendance but also supported by his JUSTB bandmates, their record label Bluedot Entertainment, U.S. touring partner The K-STAGE and, within 24 hours, several other members of the Korean-entertainment world’s LGBTQ+ community. Explore Explore See…

[This story contains spoilers for Love Island USA season seven through episode 24.] Ariana Madix may be the host of Love Island USA, but she’s going through all the same emotions as the viewers whether they’re watching from their couch or any of the watch parties popping up across the U.S. Following the success of season six of the Peacock reality series — which became a cultural phenomenon — season seven has some big shoes to fill. As the new season enters its fifth week, there have been plenty of jaw-dropping and emotional moments, leaving not only the Islanders in…