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Explore a collection of articles authored by Reuters, covering topics like global M&A, market trends, and economic developments on VCCircle.

Etihad profit more than triples to almost $500 mn ahead of expected IPO

Infrastructure

20 February, 2025

Etihad profit more than triples to almost $500 mn ahead of expected IPO

Etihad Airways more than tripled its net profit last year to $476 million, the carrier, which sources say is set ......

HSBC to sell Bahrain retail banking operations as restructuring progresses

Finance

19 February, 2025

HSBC to sell Bahrain retail banking operations as restructuring progresses

HSBC on Tuesday agreed to sell its retail banking operations in Bahrain to Bank of Bahrain and Kuwait (BBK) amid ......

Dubai-based Huda Beauty sells fragrance line KAYALI to co-founder and General Atlantic

Consumer

18 February, 2025

Dubai-based Huda Beauty sells fragrance line KAYALI to co-founder and General Atlantic

Dubai-based Huda Beauty will sell its popular fragrance brand KAYALI to its co-founder and General Atlantic in a move ......

Gulf fintech Tabby doubles valuation to $3.3 billion ahead of IPO

TMT

13 February, 2025

Gulf fintech Tabby doubles valuation to $3.3 billion ahead of IPO

Gulf fintech Tabby has more than doubled its valuation to $3.3 billion after completing a new funding round, as the ......

Salesforce plans $500 mn in AI-related investments in Saudi Arabia

TMT

11 February, 2025

Salesforce plans $500 mn in AI-related investments in Saudi Arabia

Cloud software seller Salesforce said on Monday that it plans to invest $500 million in Saudi Arabia related to ......

OpenAI's Altman to stop in Abu Dhabi for MGX fundraising talks

TMT

05 February, 2025

OpenAI's Altman to stop in Abu Dhabi for MGX fundraising talks

OpenAI CEO Sam Altman plans to visit the United Arab Emirates this week to discuss raising funds with Abu Dhabi ......

Getir CEO says he has been removed as power struggle continues

TMT

04 February, 2025

Getir CEO says he has been removed as power struggle continues

The CEO of Turkish grocery delivery company Getir said on Monday he had been removed from his position, weeks after ......

Saudi Arabian poultry producer Entaj plans to sell 30% stake in Riyadh IPO

Consumer

30 January, 2025

Saudi Arabian poultry producer Entaj plans to sell 30% stake in Riyadh IPO

Arabian Company for Agricultural and Industrial Investment, also known as Entaj, intends to offer investors shares ......

Abu Dhabi wealth fund ADQ, Orion team up to invest $1.2 bn in metals, mining

Infrastructure

30 January, 2025

Abu Dhabi wealth fund ADQ, Orion team up to invest $1.2 bn in metals, mining

Abu Dhabi sovereign wealth fund ADQ has teamed up with Orion Resource Partners to form a joint venture that will ......

Bank of Singapore makes six new appointments in Dubai

Finance

27 January, 2025

Bank of Singapore makes six new appointments in Dubai

Bank of Singapore, one of Asia's biggest private banks, said on Monday that it has made six new appointments in ......