Tag: Global Investment
Presight-Shorooq $100m fund launched to boost AI innovation
Presight, a leading global AI and big data analytics company, and Shorooq, a leading Abu Dhabi-headquartered investment firm regulated by the FSRA as Fund...
Adnoc Gas set for FTSE Emerging Index inclusion in 2025
ADNOC Gas and its subsidiaries has confirmed that their shares will be included in the FTSE Emerging Index, part of the FTSE Russell Global...
Mubadala joins Mumtalakat to explore global co-investment opportunities
Mubadala Investment Company, an Abu Dhabi-based sovereign investor and Mumtalakat Holding Company, the sovereign wealth fund of Bahrain, have signed a Memorandum of Understanding...
Saudi PIF eyes stake in Alibaba’s Ant Group
Saudi Arabia's Public Investment Fund (PIF) is reportedly considering a potential investment in the initial public offering (IPO) of the world's highest-valued FinTech company,...
Chipmaker Qualcomm invests in India’s Jio Platforms to aid 5G rollout
Global wireless chipmaker Qualcomm Inc will buy a 0.15% stake for $97.1 million in Jio Platforms, the digital unit of Reliance Industries.
The deal will...
Abu Dhabi’s ADIA renews Indian interest with a deal for Jio...
The Abu Dhabi Investment Authority (ADIA) has revived its initial discussions with India’s Reliance Industries Ltd (RIL) to inject approximately $1 billion into InvIT-...
Dubai is no.1 for venture capital in MENA: fDi Intelligence Report
Dubai has been ranked number one among the Middle East and Africa's top destinations in attracting venture capital from abroad. The global rankings were...
Intel injects $253mn in Jio Platforms to buy 0.39% stake
Global chipmaker giant Intel, through its investment arm Intel Capital, has infused a sum of $253 million in India’s Reliance Jio for a 0.39%...
