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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   


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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…

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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   


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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   


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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…

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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   


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Weekend wrap: Amazon employee reveals tricks to avoid working from office, markets hit all-time highs

This week in finance, markets hit all-time highs, prompting mutual fund investors to strategize. Re…

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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   


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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…

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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…

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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   


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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 …

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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   


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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…

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IREDA's GIFT City branch to give special foreign currency loans for green projects

Indian Renewable Energy Development Agency Ltd (IREDA) has opened an office in GIFT City at Gandhin…

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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…

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Julia Hood   


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A real-life 'Squid Game' is being organized in Abu Dhabi

Fortunately, the games won't involve violent player eliminations. Unfortunately, they won't involve…

Cheryl Teh   


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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   


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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…