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Blackstone-controlled ASK Group's wealth arm targets investors with new Dubai office

Finance

15 January, 2025

Blackstone-controlled ASK Group's wealth arm targets investors with new Dubai office

The private wealth management arm of ASK Asset & Wealth Management Group, the Indian financial services firm in which private ......

Goodyear to sell Dunlop brand to Japan's Sumitomo Rubber for $701 mn

Manufacturing

08 January, 2025

Goodyear to sell Dunlop brand to Japan's Sumitomo Rubber for $701 mn

Goodyear Tire & Rubber Co said on Tuesday that it will sell its Dunlop brand to Japan's Sumitomo Rubber Industries ......

Global deal volumes expected to rise over $4 tn in 2025 due to possible Trump boost

General

19 December, 2024

Global deal volumes expected to rise over $4 tn in 2025 due to possible Trump boost

Bankers expect global deal volumes to surpass $4 trillion next year, the highest in four years, buoyed by U.S. President-elect ......

Unacademy backer General Atlantic to buy UK's Learning Technologies for $1 bn

TMT

04 December, 2024

Unacademy backer General Atlantic to buy UK's Learning Technologies for $1 bn

U.S. private equity firm General Atlantic has struck a deal to buy Learning Technologies Group (LTG) for 802.4 million pounds ($1 ......

Abu Dhabi's IHC keeps outlook on Adani Group investments unchanged

Infrastructure

28 November, 2024

Abu Dhabi's IHC keeps outlook on Adani Group investments unchanged

International Holding Co's (IHC) outlook on investments in India's Adani Group remains unchanged, the Abu Dhabi conglomerate said following the U.S. ......

Apollo Global's third-quarter profit rises 12%, beating estimates

Finance

06 November, 2024

Apollo Global's third-quarter profit rises 12%, beating estimates

Apollo Global Management beat Wall Street estimates on Tuesday with a 12% rise in third-quarter profit as it gathered more ......

Micro Labs snaps up Nigerian generics drugmaker Swipha

Healthcare

29 October, 2024

Micro Labs snaps up Nigerian generics drugmaker Swipha

Bengaluru-based Micro Labs Ltd, one of the largest privately held drugmakers in India, said Tuesday it has acquired Nigerian pharmaceuticals company ......

Accel-backed Jetapult acquires "major" stake in Saudi-based UMX

TMT

14 October, 2024

Accel-backed Jetapult acquires "major" stake in Saudi-based UMX

Gaming startup Jetapult, which is backed by Accel, Fireside and JetSynthesys, Monday said it has acquired a “major” stake in ......

ADIA starts operations in India's GIFT City finance hub

Finance

08 October, 2024

ADIA starts operations in India's GIFT City finance hub

Abu Dhabi Investment Authority (ADIA), the largest sovereign wealth fund in the United Arab Emirates (UAE), has started operations in ......

Premium
LP Summit Dubai 2024: Robust IPO pipeline driving optimism on exits, say panellists

General

04 October, 2024

LP Summit Dubai 2024: Robust IPO pipeline driving optimism on exits, say panellists

The robust initial public offering (IPO) pipeline on stock exchanges in the Middle East and India is driving optimism around exit ......