Abu Dhabi
TMT
UAE-based institute unveils new AI tool to rival big tech
A government research institute in the United Arab Emirates on Monday released a new open source GenAI model, which could ......
Finance
Abu Dhabi's IHC to hold buyback of up to $1.36 bn
International Holding Company (IHC), Abu Dhabi's largest listed company, said on Monday it would buy back up to 5 billion ......
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 ......
Infrastructure
Abu Dhabi's TAQA in talks with investors of Spanish firm Naturgy for possible takeover
Abu Dhabi's TAQA is in talks with the three largest shareholders of Spanish energy firm Naturgy with a view to ......
General
Abu Dhabi's IHC raises stake in Adani Enterprises
Abu Dhabi conglomerate International Holding Co (IHC) said on Tuesday it has increased its stake in India's Adani Enterprises to ......
Finance
ADIA, GIC-backed Greenko Group to invest in MP project
Renewable energy firm Greenko Group, backed by marquee investors like Singapore's sovereign wealth fund GIC, Japan's Orix Corp and Abu ......
General
Reliance Industries, Abu Dhabi chemical company form $2 billion production JV, MENA
Abu Dhabi state-owned Chemicals Derivatives Company (TA'ZIZ) and Indian conglomerate Reliance Industries have agreed to start a more than $2 ......
Finance
Abu Dhabi's state holding firm ADQ hires more bankers as it steps up dealmaking
Abu Dhabi's $110 billion state holding company ADQ has hired scores of investment bankers from Western banks in the past ......
General
Abu Dhabi's Mubadala invested record amount in 2020, eyes aluminium IPO: CEO
Abu Dhabi state investor Mubadala invested a record amount in 2020 as it doubled down on growth sectors, and is ......
General
Grapevine: OYO may raise $1 bn; DHFL promoter in sale talks with Apollo Global
Hotel chain OYO Hotels & Homes is looking to raise $1 billion (Rs 6,945 crore at current exchange rate) in ......
