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Dinesh Nair

Stories by Dinesh Nair

Private Equity

Dubai buyout firm Abraaj nears first close of mega fund at $4.5b

The firm invests across markets from Asia to Latin America.

Private Equity

Oman said to follow Abu Dhabi with sovereign fund merger plans

IPOs & Markets

Emirates Global said to pick banks for $3b share sale

It is working with BoA, Goldman Sachs, JPMorgan on the share sale,

Deals

Emaar Malls said to bid for Dubai’s Souq.com to challenge Amazon

IPOs & Markets

China’s HNA group, Qatar investors said to be backing Deutsche Bank’s rights offer

Private Equity

West Asian buyout firm Abraaj targets raising mega $8b global fund

It would be the emerging-market-focused investor’s largest fund.

World

Amazon, Flipkart said to walk away from $1b Souq.com takeover talks

Amazon, Flipkart walk away from Souq takeover over price disagreement.

World

Uber’s Dubai rival Careem close to raising $300m

Careem Networks FZ, which competes with Uber Technologies Inc. in the Middle East, is close to raising about $300 million in its first round of fundin

People

Singapore: Temasek-backed Fullerton’s CEO Sekhon leaves firm

Fullerton Fund Management Co., the Singapore-based asset manager backed by Temasek Holdings Pte, said Chief Executive Officer Manraj Sekhon has left t

Deals

Amazon may bid for stake in Dubai’s Souq.com

The stake, representing at least 30 percent of the company, is also drawing interest from private equity firms and regional, family-owned companies se

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