Abu Dhabi state fund Mubadala Investment Co will on Thursday sign an agreement to invest in the retail division of India’s Reliance Industries, according to a source close to the deal. Mubadala will …
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Abu Dhabi-based sovereign investor Mubadala to invest Rs 6,247.5 crore in Reliance Retail Ventures
Reliance Industries Limited and Reliance Retail Ventures Limited (RRVL) on Thursday announced that Mubadala Investment Company (Mubadala), the Abu Dhabi-based sovereign investor, will invest Rs …
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Abu Dhabi’s Mubadala to invest $853 mln deal with India’s Reliance Retail
Abu Dhabi state fund Mubadala Investment Co has agreed to invest 62.48 billion rupees ($853 million) in the retail division of India’s Reliance Industries, the Indian conglomerate said in a statement.
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Mubadala-Reliance Retail deal: Here is all you need to know about Abu Dhabi state fund
Mubadala is billed as the second-biggest state investor after Abu Dhabi Investment Authority and has over 50 businesses and investments in more than 50 countries.
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Billionaire Ambani Gets $855 Million From Abu Dhabi for Retail Venture
Mubadala Investment Co., the Abu Dhabi-based sovereign fund, will invest 62.5 billion rupees ($855 million) in Reliance Industries Ltd.’s retail unit, as billionaire Mukesh Ambani continues to enlist …
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Abu Dhabi state fund Mubadala to invest $853 million in Reliance Retail
Abu Dhabi state fund Mubadala Investment Company will invest 62.48 billion rupees ($852.84 million) in Reliance Industries retail arm, giving the unit a pre-money equity value of 4.29 trillion rupees, …
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Jos Buttler: Six-hitting focus could become a theme in Sharjah
It’s a common refrain in T20 cricket, but Jos Buttler feels it’s particularly applicable to the ongoing IPL season, particularly in Sharjah, the smallest of the three grounds hosting the tournament.
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UAE Records Highest Daily COVID-19 Cases for Second Day
The United Arab Emirates recorded its highest daily total of coronavirus infections on Thursday since the start of the outbreak, with 1,158 new cases. The Gulf Arab state had registered a record 1,100 …
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The Peace Pact With Israel, Bahrain And The UAE Is Good Business — The Carbon Cause Included
The peace accord with Israel, the UAE and Bahrain is not just for self-defense — but to expand energy ties, including renewable energy and possibly oil.
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Dubai builder of world’s tallest building to be liquidated
DUBAI, United Arab Emirates — The Dubai-based construction company that helped build the world’s tallest building and other engineering marvels in the United Arab Emirates announced Thursday it …
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Travelling to Dubai: Why Dubai has put additional checks on Indians
Air India flew Covid-19 positive passengers twice to Dubai, the authorities have alleged. The airlines has blamed the ground-handling agency for the lapses.
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Oracle launches first of Cloud regions in the UAE in Dubai
Oracle has announced that the first of two planned Cloud regions in the UAE is now live. Located in Dubai, the new cloud data centres will offer all Oracle Cloud services, including Oracle …
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Top 5 Skyscraper Hotels in Dubai
Here is the list of top 5 skyscraper hotels in Dubai. If you are planning your Dubai visit, you can consider any of these hotels according to …
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Massimo Bottura’s Torno Subito in Dubai has reopened
In case you missed it, Torno Subito is Massimo Bottura’s third restaurant (and the only one outside of Italy). It’s located at the W Dubai – the Palm. You can read our full …
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One year to go: the countdown to Expo 2020 Dubai begins
Expo 2020 Dubai is now only one year away, kicking off on the postponed date of October 1, 2021, and running until March 31, 2022. The huge event will see countries from all over the world exhibit …
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Dubai Economy fines 5 businesses, warns 3 for flouting Covid protocols
These actions were a result of field visits and tours conducted by teams from the Commercial Compliance and Consumer Protection (CCCP) Sector in Dubai Economy, across open markets and various shopping …
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24 vegan and cruelty-free beauty products to shop in Dubai
Of 25 KOSMÉ Paris All-natural, organic and vegan skin care brand. Product you should buy: Elixir des Légendes Dhs466, luxury spas across the UAE, including The Ritz Carlton Dubai, The Four Seasons …
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