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Indian startups increasingly eye Abu Dhabi for global expansion: Hub71's Basma AlDhaheriIndian startups are increasingly looking beyond the domestic market as they seek international growth, with Abu Dhabi emerging as an attrac...- Etihad Airways to offer free medical travel insurance for Abu Dhabi visitorsInternational visitors flying to Abu Dhabi on Etihad Airways will receive free medical travel insurance. This offer is valid for stays up t...
- Now UAE tourists can open digital bank a/c and get debit card to make cashless payments as UAE’s central bank rolls out new initiativeTourists in the UAE can now open digital bank accounts and get debit cards within minutes of arrival. This new biometric-based initiative, ...
- Navy Chief Admiral Tripathi visits National Defence college UAE, focus on strengthening tiesIndian Navy Chief Admiral Dinesh K Tripathi during his visit to the National Defence College, UAE, interacted with the Commandant, Brig Gen...
- Abu Dhabi Investment Authority invests Rs 4,967 crore in Reliance retailThe Abu Dhabi Investment Authority (ADIA) will invest ₹4,966.8 crore in Reliance Retail Ventures Ltd (RRVL) through a subsidiary, acquiring...
- ADIA to acquire 0.6% stake in Reliance Retail for Rs 4,967 croreThe investment values the subsidiary of Reliance Industries Ltd at a pre-money equity value of Rs 8.38 lakh crore, making Reliance Retail a...
- ADIA signs $500 million cheque for 10% stake in Lenskart at $4.2 billion valuationThe fundraise was done at a $4.2 billion valuation and will result in ADIA becoming one of the largest shareholders in Lenskart with a 10% ...
- Aditya Birla Capital says ADIA to invest Rs 665 crore in health insurance JV"Aditya Birla Health Insurance has a strong management team, a wellness-first product offering and a differentiated distribution model. We ...
- ADIA to invest Rs 665 crore in Aditya Birla Health Insurance"Upon the completion of the transaction, ADIA will own a 9.99% stake, ABCL will hold a 45.91% stake and MMH a 44.10% stake, respectively, i...
- ADIA to buy 20% in IIFL Home Finance, largest such investment in the spaceThe deal will unlock value in IIFL Finance, which has a ₹52,000 crore loan book and market capitalisation of ₹12,500 crore. IIFL Home Finan...
- UAE may impose virus curbs on unvaccinated people, official saysThe country of some 9 million, which has widened the campaign to those aged 16 and above, has vaccinated about 65% of the eligible populati...
- ADIA to invest Rs 5,512 crore in Reliance RetailReliance Retail has received Rs 37,710 crore from investors including US’ KKR & Co, private equity giant General Atlantic, technology inves...
- ADIA picks 1.2% stake in Reliance Retail for Rs 5,512 croreWith this investment, Reliance Retail has raised Rs 37,710 crore from leading global investors.
- Jio Platforms set to raise Rs 5683.50 crore from Abu Dhabi Investment Authority by selling 1.16% equity stakeThe investment pegs Jio Platforms’ equity value at Rs 4.91 lakh crore and enterprise value at Rs 5.16 lakh crore. With the latest tranche, ...
- ADIA to invest $500 million in Kotak’s stressed assets fundThe fund will target both prestress and distressed opportunities and also financially support businesses to prevent them from entering inso...
- Kotak's distressed fund gets ADIA's $500 million backingThe Kotak Special Situations Fund is structured as an Alternative Investment Fund under SEBI regulations.
- ADIA and TPG to partner with UPL Corporation for Arysta LifeScience acquisitionTPG has agreed to invest $300 million for a minority stake in UPL Corporation.
- ADIA puts $100 million in KKR’s India credit platformThe money will help KKR Financial Services (KIFS) extend its credit business to the midmarket segment, and further leverage its lending ope...
- How startup 48East is bringing Asian delicacies straight to your homeNabhojit Ghosh and Joseph Cherian, Founders, 48East, a Bengaluru-based food startup, started operations in August 2016.
- Foodtech startup by former Papa John's CEO, Freshmenu chef gets $500KThe fund raise from UAE’s Al Dhaheri family comes about six month after 48East raised $250,000 in a round of angel funding from Agra-based ...
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