Tag: Investment
Silver Lake to invest $255.13 Mn more in Reliance Retail
The US private equity firm Silver Lake's partners will invest an additional $255.13 million in Reliance Retail Ventures Ltd. (RRVL), a wing of Reliance...
Reliance Retail will sell 1.28% stake to KKR & Co
American private equity firm KKR & Co will invest $775.09 million in India's Reliance Retail Ventures for a 1.28 percent share in the group.
Reliance...
Abu Dhabi to become self sufficient in healthcare; Plan investments
Abu Dhabi has identified 23 possibilities for investment in the medical and pharmaceutical industries within its healthcare sector.
The emirate aims to spur local development...
ADNOC enters massive property deal with investors group
Abu Dhabi National Oil Company (ADNOC) has signed a $5.5 billion deal with Apollo Global Management to lease some of its properties on a...
Dubai-based Fetchr raises $15 million in investment
Dubai-based logistics company Fetchr raised $15 million in new investment as startup funding in the region picks up after the COVID-19 led slowdown.
The money...
ADIO improves Musataha agreement: Private Sector to have bigger role in...
Following to its earlier commitment of infusing $5 million into the Bedaya Fund to provide greater funding opportunities to the startups in the MENA...
UAE banking sector made investments worth $4.5 billion in April 2020
The Central Bank of UAE has reported that UAE’s banks made investments worth $4.51 billion (AED16.6 billion) in April 2020.
Banks are appropriating their excess...
Saudi G20 presidency to conduct extraordinary trade and investment meeting
The Saudi G20 Presidency will conduct an extraordinary meeting on May 14 to consider ways to reduce severance to trade and global supply chains...
