United Arab Emirates
Infrastructure
Vedanta in talks with IHC unit, investors for Zambian copper stake sale
International Resources Holding (IRH), the mining investment arm of United Arab Emirates' richest company, is among investors holding talks on buying ......
People
BlackRock appoints MD for UAE, Oman, Bahrain
BlackRock on Monday said it hired Mohammad Al Fahim as managing director and head of the United Arab Emirates to ......
TMT
Dubai's DFDF plans to deploy half corpus by this year across direct, fund-of-fund bets
Dubai Future District Fund (DFDF), the region’s first evergreen venture capital fund-of-fund, aims to hit the halfway mark of its ......
Healthcare
Kelix Bio to acquire five UAE-based pharma entities post Mubadala deal
Kelix Bio, an emerging markets-focused specialty generic biopharmaceutical company is looking to acquire five UAE-based pharma entities to further expand ......
TMT
Why UAE's Nuwa Capital is reluctant to invest in these tech sectors
Nuwa Capital, a UAE-based venture capital firm, which is currently deploying its maiden $100-million fund in early-stage businesses, is keeping ......
TMT
ADQ, Oman Investment Authority float VC fund to make bets in buzzing MENA startup market
Gulf sovereign wealth investors – Abu Dhabi’s ADQ and Oman Investment Authority – have jointly floated a tech-focussed venture capital ......
Finance
VC investments in Middle East fall year-on-year but rise from pre-pandemic levels
Venture capital investments in the Middle East declined during 2023, albeit not too significantly, with the region appearing as a ......
Infrastructure
CCEA approves broadening of Delhi-Meerut Expressway
The Cabinet Committee on Economic Affairs (CCEA) on Thursday approved broadening of Delhi-Meerut Expressway at an investment of around Rs1,983.51 ......
Manufacturing
India defers provisional safeguard duty on unwrought aluminium imports
Under criticism over its protectionist measures for the domestic steel industry, India has deferred the 5% provisional safeguard duty on ......
Manufacturing
Govt initiates safeguard duty investigation on unwrought aluminium imports
The Indian government on Wednesday initiated a safeguard duty investigation into imports of unwrought aluminium into the country.Unwrought aluminium is ......
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