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ABU DHABI INVESTMENTS
'Hands, legs were shaking': Rs 78,00,00,000 lottery win for Nepali Security Guard in UAE, he plans to build a house and own Mahindra TharA Nepali security guard in Abu Dhabi has won a Dh30 million lottery jackpot. Tayab Khan and four friends pooled money for the winning ticke...
Gas engine maker Innio valued at $23 billion as shares jump in Nasdaq debutInnio, the innovative gas engine manufacturer, made a spectacular entrance on the Nasdaq, with its market valuation soaring past $23 billio...
SoftBank snags Rs 2,873 crore from Lenskart stake sale, clocking 7x returnSVF II Lightbulb Cayman, a SoftBank affiliate, sold 5.65 crore shares, or 3.25%, in Lenskart for Rs 2,873 crore through a block deal on Wed...
Kotak Alts raises $1 billion through 14th real estate fundKotak Alts has successfully raised one billion dollars for its fourteenth real estate fund. The Abu Dhabi Investment Authority anchored the...
TikTok billionaire overtakes Mukesh Ambani as Asia’s second-richest personZhang’s net worth climbed to $92.8 billion, cementing his position as China’s richest person, according to the Bloomberg Billionaires Index...
Abu Dhabi imposes rent freeze amid conflict; experts rule out similar move in DubaiAbu Dhabi has frozen property rents for residential, commercial, and industrial spaces. This measure aims to provide relief during the ongo...
How Trump has used the presidency to benefit himself and his alliesPresident Trump's administration is reviewing a large fund proposed for supporters. This comes amid scrutiny over various financial dealing...
KRN Heat Exchanger and Refrigeration raises Rs 350 crore via QIPKRN Heat Exchanger and Refrigeration Ltd successfully raised Rs 350 crore via a qualified institutional placement, attracting significant i...
Crisis as credibility test: How the UAE’s response to the Iran-Israel conflict could shape its next decade as a global residency hubThe UAE's promise of a safe haven faces its biggest test amid the Iran conflict. Despite heightened tensions, daily life remains stable, sh...
SoftBank to invest €75 billion in 5 GW French AI centresSoftBank Group is set to invest up to $87 billion in France to build 5 gigawatts of AI data center capacity, aiming to establish the countr...
Advent, ADIA-backed gas engine maker Innio targets $20.3 billion valuation in US IPO
Pakistan plans oil reserves, storage push as Hormuz constraints expose vulnerabilitiesPakistan is proposing a bonded storage plan to boost its energy security by allowing international suppliers to hold petroleum stocks. The ...
Nomura Asset, Capital Group, others buy 5.3% stake in Premier Energies for Rs 2,291 crGlobal financial institutions and Indian mutual funds have bought a 5.3 percent stake in Premier Energies. The deal involved promoters sell...
PM Modi returns home after five-nation tourPrime Minister Narendra Modi has returned to New Delhi. His five-nation tour included the UAE, Netherlands, Sweden, Norway, and Italy. Duri...
Mukesh Ambani’s $4 billion Jio IPO hits Iran war roadblockReliance Industries' planned IPO for its digital arm, Jio Platforms, faces significant hurdles due to geopolitical tensions and market vola...
New UAE oil pipeline bypassing Hormuz 50% complete ahead of 2027 startIran, which has attacked vessels to assert control over the Strait, has expanded its definition of the waterway to include the UAE's Gulf o...
Huge potential to boost food, beverages exports to UAE: TPCIIndia’s food and beverage exports to the UAE are poised for major growth, with current shipments valued at USD 3.6 billion compared to the ...
I Squared to pump $1 billion into power grid assetsUS firm I Squared Capital is investing one billion dollars in India's power transmission sector. A new entity, Cube Grid, will build essent...
Pvt sector deals are key to push India-United Arab Emirates ties ahead, says UAE MinisterIndia and UAE are set to boost their partnership through joint investments and improved logistics. The UAE's Minister of Foreign Trade high...
India ready to extend all possible support to bring peace in West Asia: PM Modi in UAEPrime Minister Narendra Modi met UAE President Sheikh Mohamed bin Zayed Al Nahyan in Abu Dhabi. India pledged full support to foster peace ...