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In charts: How the pecking order of top sources of gold smuggled into India changed

Finance

19 December, 2016

In charts: How the pecking order of top sources of gold smuggled into India changed

Between January 2012 and August 2013, India increased the import duty on gold five times—from a flat Rs 300 per ......

Kaya agrees to acquire 75% stake in two UAE skincare firms

Consumer

09 September, 2016

Kaya agrees to acquire 75% stake in two UAE skincare firms

Skincare firm Kaya Ltd said on Friday it has agreed to acquire a 75% stake in two dermatology centres based ......

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UAE's Key Capital eyes first close of debut secondaries fund, builds deal pipeline

Finance

17 December, 2024

UAE's Key Capital eyes first close of debut secondaries fund, builds deal pipeline

Key Capital, a UAE-based investment firm focused on secondaries transactions, is raising its debut fund and is aiming to hit ......

BP, ADNOC's XRG agree Egypt gas JV Arcius Energy

Consumer

16 December, 2024

BP, ADNOC's XRG agree Egypt gas JV Arcius Energy

BP and Abu Dhabi National Oil Company's international investments arm XRG said on Monday they have closed a deal for ......

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UAE conglomerate Al Nowais' arm to get another backer for Egypt solar project

Infrastructure

13 December, 2024

UAE conglomerate Al Nowais' arm to get another backer for Egypt solar project

AMEA Power, the clean energy arm of the UAE-based conglomerate Al Nowais Investments, is set to secure an investment commitment ......

MENA Digest: UAE's Wafeq, BioSapien get biggest funding cheques this week

TMT

13 December, 2024

MENA Digest: UAE's Wafeq, BioSapien get biggest funding cheques this week

The UAE-based startups led the funding activity in the Middle East and North Africa region this week with fintech platform ......

UAE president names Blackstone's Gray, others to board of ADNOC investment arm XRG

Finance

12 December, 2024

UAE president names Blackstone's Gray, others to board of ADNOC investment arm XRG

United Arab Emirates President Sheikh Mohamed bin Zayed Al Nahyan approved a board of directors for XRG, state oil giant ......

Carlyle's AlpInvest, Mubadala team up to provide debt financing to PE firms

Finance

12 December, 2024

Carlyle's AlpInvest, Mubadala team up to provide debt financing to PE firms

AlpInvest Partners, the secondary investments unit of buyout firm Carlyle Group, and Abu Dhabi's Mubadala Investment Company are forming a ......

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Former Indian cricketer sets up sports-focused VC fund in Abu Dhabi

Finance

10 December, 2024

Former Indian cricketer sets up sports-focused VC fund in Abu Dhabi

A former Indian cricketer, who played all formats of the game in an international career spanning more than a decade, will ......

UAE to impose 15% minimum top-up tax on large multinationals

Finance

10 December, 2024

UAE to impose 15% minimum top-up tax on large multinationals

The United Arab Emirates will impose a minimum top-up tax (DMTT) of 15% on large multinational companies operating in the ......