Bloomberg Team8, founded by veterans of an elite Israeli intelligence unit to solve what they consider the world’s most pressing cybersecurity problems, welcomed Citigroup Inc. and the venture arms of Microsoft Corp. and Qualcomm Inc. into its syndicate. The group of military veterans, who have raised more than $92 million, plan to launch two companies this year. Existing portfolio …

  DUBAI / WAM Dubai-based developer Nakheel and Thai hotel group, Centara Hotels and Resorts, on Monday signed a joined venture agreement to create a 550-room, AED500 million beachfront resort with waterpark on Deira Islands in Dubai. Under the agreement, signed in Bangkok by Nakheel Chairman, Ali Rashid Lootah, and Centara Chairman, Suthikiati Chirathivat, the two companies will deliver an …

  ABU DHABI / WAM The National Bank of Abu Dhabi (NBAD) announced the successful placement to institutional investors of a 30-year senior unsecured Formosa Bond, for a total nominal amount of US$885 million. The transaction follows NBAD’s inaugural US$696 million public Formosa Bond in October last year, the first 30 year Formosa Bond from the MENA region, which brings …