Saudi Arabia
Manufacturing
Steel pipe maker MAN Industries buys Saudi firm for $102 mn
Mumbai-listed MAN Industries (India) Ltd, which manufactures large-diameter steel pipes, has acquired Saudi Arabia-based......
Healthcare
Fabtech in talks to buy majority stake in Italian pharma engineering firm
Mumbai-based Fabtech Technologies is in advanced talks to acquire a majority stake in an Italian pharmaceutical ......
Infrastructure
How Saudi firm Alfanar's India green energy foray is running into headwinds
On April 1, 2021, Saudi conglomerate Alfanar Group fully operationalised its first wind energy project in India–almost......
TMT
OpenAI discussed raising money from Saudi PIF, Reliance Industries: Report
ChatGPT maker OpenAI has talked to Saudi's PIF, India's Reliance Industries and existing shareholder United Arab......
Finance
India to exempt Saudi wealth fund PIF from foreign portfolio investment rules
India has agreed to exempt Saudi Arabia's sovereign wealth fund from a set of foreign portfolio investment rules to ......
TMT
Peak XV, Valar-backed ShopUp to merge with Sary; PIF's Sanabil leads $110-mn funding
Bangladeshi B2B commerce platform ShopUp, which is backed by Indian venture capital firm Peak XV Partners and Peter ......
Manufacturing
Saudi Aramco looks to invest in BPCL, ONGC refineries
Saudi Aramco is in talks to invest in two planned refineries in India as the world's top oil exporter looks ......
TMT
Accel-backed Jetapult acquires "major" stake in Saudi-based UMX
Gaming startup Jetapult, which is backed by Accel, Fireside and JetSynthesys, Monday said it has acquired a “major” ......
General
LP Summit Dubai 2024: Robust IPO pipeline driving optimism on exits, say panellists
The robust initial public offering (IPO) pipeline on stock exchanges in the Middle East and India, is driving optimism ......
Manufacturing
Indian EV maker Wardwizard to form joint venture in Saudi Arabia
Indian electric vehicle maker Wardwizard Innovations and Mobility announced on Friday it received a letter of intent to ......
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