Abu Dhabi-based sovereign wealth fund Mubadala Investment Co will buy a 1.4 per cent stake in Reliance Retail Ventures Ltd (RRVL) for Rs 6,247.5 crore into, the Indian conglomerate announced on …
( read original story …)
Dubai-based Burj Khalifa builder Arabtec to close down, file for liquidation: Sources
Shareholders in Dubai construction company Arabtec Holding voted on Wednesday to discontinue the company and authorised the board to file for an insolvent liquidation, two sources familiar with the …
( read original story …)
One injured as boat catches fire near Skydive Dubai
A man was injured in a fire that broke out at 9.23am in a boat in Dubai’s Sky Dive After being alerted about the blaze, the fire and rescue centre in Marina area dispatched a team to the scene in the …
( read original story …)
UAE- Video: This Sharjah eatery sells kebabs for Dh5…Here’s why
(MENAFN – Khaleej Times) It’s easy to drive past Al Ashiyah Cafeteria on Sharjah’s Al Sharq street in the busy Bu Tina area without even batting an eyelid. If hole-in-the-wall had a name and an …
( read original story …)
Overspeeding killed 22 people on Abu Dhabi roads between January and July
Overspeeding killed 22 people on Abu Dhabi roads in the first seven months of 2020, said authorities. Abu Dhabi Police said 93 people were injured in the 78 traffic accidents that took place between …
( read original story …)
Dubai Airport’s 60th anniversary: Sheikh Mohammed recalls his ‘Destination Dubai’ dream
The Ruler of Dubai talked of his pride when Dubai International Airport overtook Heathrow to become the world’s busiest airport in 2014 On Dubai Airport’s 60th anniversary, Sheikh Mohammed bin Rashid, …
( read original story …)
Abu Dhabi’s Mubadala agrees $853 million 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
( read original story …)
Abu Dhabi private school teachers, staff must undergo Covid test every 2 weeks
Teachers and administrative staff of private schools in Abu Dhabi will have to undergo a Covid-19 test once in every two weeks to ensure their safety and to protect students attending in-class lessons …
( read original story …)
The UAE and Bahrain deals: normalizing the abnormal
The agreements between the United Arab Emirates (UAE) and Bahrain on the one hand and Israel on the other, brokered by the Trump administration and signed at the White House on Sept. 15, attempted to …
( read original story …)
Let the countdown recommence: Dubai prepares for Expo 2020
Dubai has been postponed to October 1 2021 due to the Covid-19 pandemic. But what awaits those who make the journey to Dubai?
( read original story …)
Abu Dhabi’s Mubadala to Sign Deal With India’s Reliance Retail: Source
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 …
( read original story …)
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 …
( read original story …)
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.
( read original story …)
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.
( read original story …)
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 …
( read original story …)
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, …
( read original story …)
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.
( read original story …)