SaeedAzhar
Stories by SaeedAzhar
Aramco in talks to buy 20% stake in Reliance’s oil refining, chemicals biz
Reliance announced a sale of a stake in its oil-to-chemicals business to Aramco for $15 billion in 2019.
Qatar sovereign fund discloses 4.7% stake in US-based EV battery maker Quantumscape
QIA had a stake of 6.5% as of November last year.
Mubadala’s Yahsat aims to raise up to $810m in Abu Dhabi IPO
Yahsat is among the three portfolio companies that Mubadala is pushing to take public this year.
Abu Dhabi’s Mubadala to offer up to 40% of satellite firm Yahsat in IPO
A listing is likely in the third quarter on the Abu Dhabi bourse.
Abu Dhabi’s ADQ announces investment in Indian edtech major Byju’s
The round has reportedly valued Byju's at $16.5 billion.
Dubai cloud kitchen Kitopi seeks to raise $200m to expand to SE Asia
Kitopi has raised $117.2 million since its inception from BECO Capital and Lumia Capital.
Abu Dhabi’s ADIA considers China, India as key growth drivers
ADIA said it would continue to focus on real estate in emerging markets like China and India.
Mubadala, Arbor lead fintech firm tabby’s $23m funding round
The round also the participation of Saudi-based venture fund STV, Raed Ventures and Global Founders Capital.
Goldman Sachs’ MENA CEO Wassim Younan to retire
Younan is retiring after nearly three decades with the Wall Street bank.
Nvidia’s acquisition of Arm will drive growth in computing power, says SoftBank’s Son
The Nvidia deal was part of a series of asset sales by SoftBank.
