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ADNOC closing landmark deal to sell 49% stake in pipeline business

Abu Dhabi National Oil Co. - ADNOC is closing in on a deal with investors supported by Global Infrastructure Partners and Brookfield Asset Management...

Volkswagen AG seals $2.6 billion investment in self-driving startup Argo AI

Renowned German car manufacturer Volkswagen Group sealed its $2.6 billion investment into Argo AI, a self-driving car startup based out of the Pittsburgh that...

Volkswagen AG finalizing strategic investments worth $2.33 billion in two Chinese...

Wolfsburg based German car manufacturer Volkswagen AG (VW) is finalizing strategic investments worth $2.33 billion in two distinct Chinese electric vehicles (EV) players.  VW will...

American conglomerate GE leaves light bulb business

After the 130-year history of light bulb production, American multinational conglomerate, General Electric will no longer produce and trade lightbulbs. GE's light manufacturing unit,...

Global Investment firm KKR & Co to invest $1.5 billion in...

US Private Equity Firm KKR will invest $1.5 billion in India’s Jio Platforms which would be Reliance Industries subsidiary's fifth fundraising deal in a...

EMPG acquires Lamudi Global with expansion plans to  Philippines, Indonesia, and...

UAE's Emerging Markets Property Group (EMPG) which owns and operates Bayut, Zameen and several other property classifieds across the globe has acquired (Rokcet Internet-backed)...

Saudi Arabia wealth fund soliciting possible opportunities during COVID-19 spread

The $320 billion sovereign wealth fund from the Saudi Government will explore investment opportunities airlines, energy and entertainment companies Saudi Arabia’s sovereign wealth fund is...
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