UAE
Finance
Walmart-backed PhonePe gets initial UAE central bank nod for payment licences
Digital payments platform PhonePe said on Tuesday it received in-principle approval from the UAE central bank for two ......
Finance
Bengaluru-based Atom Group acquires Dubai's Amaltas Partners
Atom Group, a financial services conglomerate spanning wealth management, insurance advisory and investment banking that......
Finance
Dubai Future District Fund makes LP-style bet on US-based VC fund
The Dubai Future District Fund (DFDF), the region’s first evergreen venture capital fund-of-funds, has made a limited ......
Finance
Singapore's Future Wealth rolls out maiden fund for early-stage bets
Singapore-based early-stage venture capital firm Future Wealth Investments has launched its debut fund, targeting a ......
TMT
Blackstone invests $250 mn in UAE payments infrastructure platform
Blackstone has invested $250 million in Advanced Digital Gaming Technology, a new payments and data intelligence ......
Finance
Citi, StanChart evacuate Dubai offices, HSBC closes Qatar branches as fears grow
Citigroup and Standard Chartered have begun evacuating their Dubai offices, telling staff to work from home instead, ......
Infrastructure
Nisus Finance set to snap up three more real estate assets in UAE
Mumbai-based real estate investment firm Nisus Finance Services Co. Ltd, which went public in December 2024, is set to ......
Manufacturing
Carlyle in talks with potential UAE partners to buy Lukoil assets
U.S. private equity firm Carlyle has begun exploratory talks with UAE investors to bring in partners should its initial ......
General
Canada, UAE talks on free trade deal to start next month: Canadian trade minister
Negotiations between Canada and the United Arab Emirates over a comprehensive economic partnership agreement are set to ......
Finance
Asian investors flock to Gulf debt in hunt for yield and growth
Asian investors are piling into Gulf bonds and loans this year, reflecting both deepening trade and finance ties with ......