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Want to get into the AI industry? Head to Abu Dhabi.
The United Arab Emirates' recent investment in OpenAI reflected its mission to leverage its oil wea…
Lakshmi Varanasi
Bharti Hexacom IPO opens to a tepid response with 34% of the issue subscribed
As much as 34% of Bharti Hexacom’s ₹4,275 crore public offer was subscribed by the end of the first…
Prestige group raises ₹2,001 cr from ADIA, Kotak AIF to fund expansion
Realty firm Prestige Estates Projects Ltd has raised Rs 2,001 crore from Abu Dhabi Investment Autho…
PTI
Abu Dhabi Investment Authority invests $500 mn in eyewear unicorn Lenskart
Omnichannel eyewear unicorn Lenskart has signed a definitive agreement with Abu Dhabi Investment Au…
Saudi Arabia spent years investing in global tech firms. Its domestic AI push hopes they'll return the favor.
The kingdom is looking to companies overseas to help it meet its AI ambitions at home after years o…
Hasan Chowdhury
Airtel is using AI-powered technology to block spam calls and messages
Spam calls and messages are a nuisance and while the Telecom Regulatory Authority of India (TRAI) h…
Abu Dhabi's IHC exits Adani Green Energy and Adani Transmission
Abu Dhabi's International Holding Company, one of the first high-profile investors in billionaire G…
PTI
Abu Dhabi Investment Authority invests ₹665 crore in Aditya Birla Health Insurance
After the investment, Aditya Birla Capital will hold 45.91% stake and Momentum Metropolitan Hold…
HDFC to sell 10% stake in its private equity real estate firm to Abu Dhabi Investment Authority
HDFC, India’s largest private sector housing finance company, has entered into an agreement with Ab…
PM Modi arrives in UAE for final leg of two-nation visit
Prime Minister Narendra Modi arrived here on Saturday on a day-long visit to the UAE during which h…
PTI
Zomato IPO gets subscribed 20% on first day of bidding
The retail segment of the offering has been fully subscribed in just over an hour. So far, the I…
Calicut-bound Air India Express flight lands in Abu Dhabi after flames detected mid-air
Air India Express informed that the aircraft landed safely and all passengers are safe. Accor…
ANI
Adani Green Energy, Adani Transmission and Adani Enterprises to get $2 billion investment from Abu Dhabi's IHC
International Holding Company PJSC (IHC), the Abu Dhabi-based conglomerate, will invest $2 billion …
TPG makes a billion dollar bet on Tata Motors’ EV dreams
Tata Motors will form a new subsidiary for its electric vehicle business that will hold the inve…
FreshToHome attracts ADIO funding, to expand operations in UAE capital
FreshToHome said in a statement it would expand farming, supply chain and processing capabilitie…
PTI
ADIA to invest ₹4,966.80 cr in Reliance Retail Ventures
Reliance Retail Ventures Limited (RRVL) announced on Friday that a wholly-owned subsidiary of the A…
ANI
Mukesh Ambani is not done – Jio Fiber to get over $1 billion as Abu Dhabi and Saudi sovereign funds are set to invest in Reliance InvIT
Brookfield Infrastructure Partners has already invested ₹25,215 crore in the Tower InvIT. “Disc…
A secretive SpaceX investor has scored a 75% stock gain in the past 3 weeks
International Holdings shares have surged for no apparent reason, lifting the company's market cap …
Sophie Kiderlin
MaxWholesale raises USD 3 mn from IAN Fund, Abu Dhabi's Al Falaj Investments
"In the last year, we clocked 20 times growth in terms of revenue. Going forward, we are excited t…
PTI
Inside the 18,000 capacity Etihad Arena, a state-of-the-art venue built on a $3 billion site in Abu Dhabi
The UFC returns with a live event in the COVID-era for the first time in 3 weeks, with a partial fa…