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Peak XV, YC and Ribbit pocket up to 94x returns from Groww stake sales as IPO lock-in endsGroww's early investors have sold shares after their IPO lock-in period ended. This move has generated massive returns for firms like Peak ...- Who is David Rice? HSBC’s first chief AI officerRice, who has been with HSBC since 2006, was previously its COO for the corporate and institutional banking vertical. His appointment comes...
- Jupiter Hospitals raises Rs 261 crore from anchorsTwo sovereign wealth funds - Singapore's GIC and the Abu Dhabi Investment Authority participated in the round. Mutual funds and foreign ins...
- Abu Dhabi Borouge's $2 billion IPO set to be ADX's biggestGulf issuers have raised more than $10 billion from IPOs so far this year, Refinitiv data shows, exceeding European flotations even as glob...
- HSBC commits $5 billion in corporate lending to help UAE growthThe UAE's economy suffered in 2020, as vital sectors like tourism and hospitality were crippled by the COVID-19 pandemic.
- Abu Dhabi Ports hires banks for dollar bondsCiti, First Abu Dhabi Bank and Standard Chartered will act as joint global coordinators. HSBC , Mizuho, Societe Generale, BNP Paribas, Cred...
- Saudi Arabia's Jadwa hires HSBC to advise on exiting UEMedical: SourcesUnited Eastern Medical Services (UEMedical) is specialised in women's, fertility and children's healthcare and has a network of premium hea...
- Dubai Islamic Bank mandates banks for US dollar sukukDubai Islamic Bank, Emirates NBD Capital, First Abu Dhabi Bank, HSBC, Sharjah Islamic Bank, and Standard Chartered Bank will act as joint l...
- Brokerages give thumbs up to Aavas Financiers IPOMost of the domestic brokerages have recommended subscribing the issue with a long-term perspective.
- Britain's Fleetwood wins Abu Dhabi ChampionshipGOLF-ABUDHABI:Britain's Fleetwood wins Abu Dhabi Championship
- UPDATE 1-Golf-Britain's Fleetwood wins Abu Dhabi ChampionshipGOLF-EUROPEAN/ (UPDATE 1):UPDATE 1-Golf-Britain's Fleetwood wins Abu Dhabi Championship
- Golf-Britain's Fleetwood wins Abu Dhabi ChampionshipGOLF-EUROPEAN/:Golf-Britain's Fleetwood wins Abu Dhabi Championship
- Golf--Consistent Hatton inches ahead in Abu DhabiGOLF-EUROPEAN/:Golf--Consistent Hatton inches ahead in Abu Dhabi
- Jet Airways plans to raise $100 mn to refinance debtJet has for several years looked at raising overseas loans, but all of its recent overseas debt deals have been done with the support of Ab...
- Dubai World makes 'no specific proposals' to lendersDubai World, began talks with lenders over its request to restructure $22 bn in debt but made no specific proposals.
- Dubai World to meet lenders over debt restructuring: ReportDubai's heavily-indebted group, Dubai World, holds talks on Monday with its creditors to reach an agreement over its request to restructure...
- Abu Dhabi gives $10 bn to Dubai WorldDubai World will use the money to cover debt of real estate unit Nakheel. The rest of the money will cover Dubai World’s interest and opera...
- Heard on the streetShares of Time Technoplast, a firm specialising in polymer products, witnessed a flurry of activity.
- HSBC, StanChart have $50 bn exposure to Dubai World: ReportBritish banks led by HSBC and Standard Chartered have an exposure of close to USD 50 billion in Dubai's debt worries, which is one of the h...
- Abu Dhabi bourse to hold Singapore, Tokyo roadshowAbu Dhabi's bourse will hold an Asian road show in Singapore and Tokyo this week to attract foreign investment and develop its product offe...
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