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Conflict isn’t slowing deals for Gulf’s fastest-growing investment firmConflict isn’t slowing deals for Gulf’s fastest-growing investment firm

The Scene With drones and missiles still being regularly intercepted overhead, BlueFive Capital founder and CEO Hazem Ben-Gacem cooked up a play in the defense industry, over a Ramadan meal with companions with ties to a Gulf sovereign fund. Six months later, BlueFive is “ready to launch it,” Ben-Gacem told ...

‘This pushes the boundaries’: White House helped Pentagon explain the legality of its stock deals‘This pushes the boundaries’: White House helped Pentagon explain the legality of its stock deals

The Scoop One month before the Pentagon announced its first equity stake in a company, its top lawyer asked the White House to explain why the deal wouldn’t break the law. The White House budget office responded with a previously unreported legal opinion, reviewed by Semafor, that provides a crucial ...