TEAM VCC

Manufacturing

Larsen & Toubro Ltd, India’s biggest engineering company, has sold its UK-based marine automation services unit Servowatch Systems Ltd to ......

Larsen & Toubro sells British marine automation unit to Rolls-Royce Power

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Reuters

Chinese food delivery giant Meituan is seeking to hire staff for at least eight positions based in Riyadh, in a sign ......

China's Meituan looking to foray into Saudi Arabia in a bid to expand

Infrastructure

The United Arab Emirates will tender shortly for the construction of a new nuclear power plant that would double the ......

UAE planning a second nuclear plant, to seek bids this later year

Dilasha Seth

Funding activity in the Middle East and North Africa region revived this week with a slew of early-stage deals, led ......

MENA Digest: UAE's WEE Marketplace, three Egyptian startups secure funding

Debjyoti Roy

Healthcare

US-based private equity firm Advent International has agreed to invest Rs 2,475 crore ($296 million) to pick up a minority ......

Advent International to invest $296 mn in Apollo Hospital unit

Malvika Maloo

ADV Partners, a private equity firm which invests across sectors in Asia, has exited one of its five-year old bets ......

ADV Partners strikes exit from a five-year old India bet

Sreeja Biswas

Finance

Mid-market private equity firm Zephyr Peacock, the Indian investing arm of New York-headquartered ﻿Zephyr Management﻿, hopes to wrap up the ......

Zephyr Peacock pushes back first close of fourth fund

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