NMDC Group on Thursday announced an initial public offering (IPO) in the UAE of 1.15 billion shares in its wholly owned subsidiary, NMDC Read More
Business
Companies
Mergers and Acquisitions
Regional
World
e& Completes Acquisition of GlassHouse for $60 Million
e& enterprise UAE Holding Limited, a wholly owned subsidiary of technology and telecoms company e& (formerly known as Etisalat Group), on Thursday Read More
Business
Automobiles
Companies
Regional
Transportation
World
Hyundai Plans to Sell 5.5 Million Units by 2030
South Korea’s Hyundai Motor Company, one of the top three car makers in the world, on Wednesday said that it aims Read More
Salik Company, Dubai’s exclusive toll gate operator, on Wednesday said that the combined valuation of the two new toll gates at Read More
Banks
Business
Funding
Regional
sovereign wealth funds
World
PIF Secures $15 Billion Revolving Credit Facility
Saudi Arabia’s sovereign wealth fund Public Investment Fund (PIF) on Wednesday said that it has obtained a $15 billion multi-currency revolving credit Read More
Business
Companies
Mergers and Acquisitions
Mining
Precious Metals
Regional
World
PIF May Buy 15% Stake in Reko Diq Mining Project
Saudi Arabia’s sovereign wealth fund - Public Investment Fund (PIF) – through Manara Minerals, has made an offer to buy 15% stakes in Read More
Business
Artificial Intelligence
Companies
Digital Assets
Regional
Hodler Investments and Gewan Holding to Launch Digital Fund
The UAE-based Hodler Investments and Gewan Holding on Tuesday announced their ongoing plans for a $500 million Digital Energy Infrastructure (DEI) Fund to Read More
