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MIDDLE EASTERN SOVEREIGNS
Turkey vows 'harsh response' if Northern Cyprus harmed by France-Cyprus troops dealTurkey's President Recep Tayyip Erdogan has issued a stern warning regarding developments that could harm Northern Cyprus. This comes after...- Swiggy CEO Sriharsha Majety vows to stay out of Amazon-Ambani spending warSwiggy is prioritizing profitability over rapid expansion. The company will not match rivals like Flipkart and Reliance Retail's aggressive...
- GameStop makes $56 billion takeover bid for eBayGameStop has launched a $55.5 billion takeover bid for eBay, aiming to transform the online marketplace into a formidable competitor to Ama...
- Iconiq, go-to wealth adviser for tech’s elite, is putting billions into AIIconiq is expanding aggressively into venture capital, investing billions in AI startups like Anthropic. Leveraging elite global networks, ...
- India's realty market holds ground with local moneyIndia's real estate market sees strong institutional investment. Domestic demand fuels nearly three-fourths of $1.6 billion inflows in the ...
- Data centre operator DayOne aims to raise over $1 billionDayOne, linked to China’s GDS Holdings, plans to raise over $1 billion in a new funding round to expand in Southeast Asia and Europe. Value...
- Nvidia to send 18,000 AI chips to Saudi ArabiaNvidia will supply 18,000 advanced Blackwell AI chips to Saudi Arabia’s Humain for a major 500-megawatt data center project. Announced duri...
- Adani in talks with Middle Eastern sovereign fund for $1 b Investment in airportsThe Adani Group is in discussions with a Middle Eastern sovereign fund to secure up to $1 billion for its airports business. They have also...
- India beats China as most attractive emerging market"India exemplifies the attributes sought by sovereign investors," said Terry Pan, Invesco's chief executive officer for Greater China, Sout...
- FirstCry plans secondary offer to sovereign funds at $ 3 billion valuationInitial talks on for around $100m transaction; SoftBank to sell small stake.
- SoftBank backs Steven Mnuchin's $2.5 billion private equity fundThe fund, Liberty Strategic Capital, will be backed by SoftBank's $40 billion second Vision Fund and Abu Dhabi-based sovereign wealth fund ...
- Mukesh Ambani nears deal with top sovereign funds from Middle East for JioAny new investment would add to the $10 billion that Jio Platforms has raised in recent weeks.
- Uber is said to hold advanced talks to buy Mideast’s CareemCareem was valued at about $1 billion in a 2016 funding round, making it one of the most valuable technology startups in the Middle East.
- Electrosteel sets up $6.6 mn warehouse in BahrainElectrosteel Castings, the world's third largest producer of ductile iron (DI) pipes and ancillary products, today inaugurated its $6.6 mil...
- Viadeo raises USD 32 mn funds from investment firmsViadeo today said it has raised USD 32 million in its latest round of funding, a part of which would also be invested in its Indian brand, ...
- Loose fiscal policy can lead to downgrade: S&PS&P has assigned BBB-( with stable outlook) ratings to India’s foreign currency borrowings.
- Lloyds to sell stake in merged Lloyds-HBOS: ReportBritish banking major Lloyds TSB, which is to buy out its rival HBOS, is in talks with insurance groups and sovereign wealth funds for sell...
- Mideast property market seen outperforming: SurveyProperty markets in the Middle East are expected to outperform those in other regions for up to two years, Jones Lang LaSalle said on Tuesd...
- Virgin talks with Dubai ruler investment firmVirgin Group Ltd has held informal talks with Dubai International Capital (DIC) about securing investment backing from the $12 billion sove...
- Qatar buys Credit Suisse shares; lines up $15 billion spendQatar is buying shares in Credit Suisse and plans to spend as much as $15 billion on European and US bank stocks over the next year.
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