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Abu Dhabi United Group For Development And Investment

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Dubai ruler tweets in Malayalam, Pinarayi replies in Arabic, Gulf expats go ecstatic

A tweet in Malayalam by Sheikh Mohamed bin Rashid Al Maktoum, vice president and prime minister of the United Arab Emirates and ruler of Dubai, soon after his meeting with Kerala Chief Minister......

Modi's visit to UAE postponed amid Omicron surge

Prime Minister Narendra Modi's planned visit to the United Arab Emirates in the first half of next month has been postponed, people familiar with the development said on Wednesday. IMAGE: Prime......

PM meets Crown Prince of Abu Dhabi; unveils model of temple

Prime Minister Narendra Modi held wide-ranging talks with Crown Prince of Abu Dhabi Mohamed bin Zayed Al Nahyan as the two sides signed five agreements including a historic pact......

Jet-setting Modi: 26 nations in 12 months

In 2015, Prime Minister Narendra Modi visited 26 countries. Here's a list of all the foreign visits taken up by the PM this year and their outcomes. Seychelles Modi's visit to Seychelles was part......

PM holds talks with UAE crown prince, denounce terrorism in all forms

Prime Minister Narendra Modi with the Crown Prince of Abu Dhabi Sheikh Mohammed bin Zayed Al Nahyan in Abu Dhabi, UAE. Photograph: PIB Photo Elevating their ties to a comprehensive strategic......

'Our focus is on converting lands into projects'

'At present, the idea is to expand, consolidate, and stabilise in South India, Mumbai, Pune and grow on what we have been doing.' Photograph: Kind courtesy Prestige Group Real estate major......

India Inc leans on InvITs to reduce debt, generate returns for investors

Reliance Industries, construction major L&T and IRB Infrastructure are some of the top companies that have used an infrastructure investment trust structure to reduce part of their debt and......

Byju's to raise $600 mn, in talks with Abu Dhabi's sovereign wealth funds

Byju’s is planning to raise $500-600 million from Abu Dhabi’s sovereign wealth funds and existing investors, according to sources, as the start-up world is facing a funding freeze.......

Intel group company back with chip-making plan in India

'Our plan to set up a semiconductor facility in India is back on the table’ Photograph: Kim Kyung-Hoon/Reuters Israel-based chipmaker Tower Semiconductor, which was recently acquired by......

With Air India, Tatas get a stake in Kerala's Cochin airport

As the Tata group inches closer to taking over Air India in January 2022, the $242-billion conglomerate will also inherit a stake in Kerala’s Cochin airport. The Tatas would become the only......

Qatari consortium to buy Manchester United?

IMAGE: Record 20-time English champions, Manchester United has over 650 million fans worldwide, according to market research firm Kantar. A large number of them have been clamouring for a change......

UAE's Al-Fahim takes over Portsmouth

Portsmouth became the second EnglishPremier League club to be owned by investors from the United Arab Emirates on Tuesday when they confirmed a takeover led by Sulaiman al-Fahim. "The owners of......

Foreign investor group eyes bid for Chelsea

A group of up to eight international investors is mulling a bid for English Premier League club Chelsea, one of the investors has told Reuters. Holger Heims, a German investment manager at Falcon......

Easy money at an end in European sport

The heady days of easy credit and sky-high wages are ending in Europe with the global financial crisis driving sports clubs and authorities to change course. "The full extent of the credit crisis......

Robinho goes to training, in a chopper

Robinho turned up for training with Brazil in a helicopter on Wednesday following his transfer deadline-beating move to Manchester City. Brazil, away to Chile in a World Cup qualifier on Sunday,......

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