UAE
Finance
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 ......
Consumer
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 ......
Finance
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 ......
Consumer
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 ......
Infrastructure
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 ......
TMT
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 ......
Finance
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 ......
Finance
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 ......
Finance
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 ......
Finance
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 ......