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Mubadala joins Mumtalakat to explore global co-investment opportunities

Mubadala Investment Company, an Abu Dhabi-based sovereign investor and Mumtalakat Holding Company, the sovereign wealth fund of Bahrain, have signed a Memorandum of Understanding...

Saudi PIF eyes stake in Alibaba’s Ant Group

Saudi Arabia's Public Investment Fund (PIF) is reportedly considering a potential investment in the initial public offering (IPO) of the world's highest-valued FinTech company,...

Chipmaker Qualcomm invests in India’s Jio Platforms to aid 5G rollout

Global wireless chipmaker Qualcomm Inc will buy a 0.15% stake for $97.1 million in Jio Platforms, the digital unit of Reliance Industries.  The deal will...

Abu Dhabi’s ADIA renews Indian interest with a deal for Jio...

The Abu Dhabi Investment Authority (ADIA) has revived its initial discussions with India’s Reliance Industries Ltd (RIL) to inject approximately $1 billion into InvIT-...

Dubai is no.1 for venture capital in MENA: fDi Intelligence Report

Dubai has been ranked number one among the Middle East and Africa's top destinations in attracting venture capital from abroad. The global rankings were...

Intel injects $253mn in Jio Platforms to buy 0.39% stake

Global chipmaker giant Intel, through its investment arm Intel Capital, has infused a sum of $253 million in India’s Reliance Jio for a 0.39%...

Softbank Debt Reduction Plan; Group to buyback $1.9bn worth unsecured bonds

As of its debt reduction strategy, renowned global investment group, Japan’s SoftBank is expected to buy back it's domestic unsecured corporate bonds worth $1.9...

UAE-based KBW Ventures invests in Singapore’s biotech firm TurtleTree Labs

UAE-based KBW Ventures, a venture capital (VC) firm established by Saudi Arabia’s Prince Khaled bin Alwaleed took part in a $3.2 million seed investment...
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