Abu Dhabi

/Tag: Abu Dhabi

Abu Dhabi’s Mubadala in advanced talks to invest up to $1 billion in Reliance Retail – sources

2020-10-01T16:08:17+00:00October 1st, 2020|India Inc Views - India Global Business, News in Brief|

Abu Dhabi state fund Mubadala Investment Co is in advanced talks to invest up to $1 billion in the retail division of India's Reliance Industries Ltd, two sources told Reuters, as investor interest in the Indian company surges.

ADQ launches $300mn fund for start-ups in India, Southeast Asia

2020-12-11T02:58:38+00:00May 22nd, 2020|India Inc Views - India Global Business, News in Brief|

The Abu Dhabi based company will help start-ups to set up global or regional headquarters in Masdar City. ADQ, formerly Abu Dhabi Development Holding Company, launched a new venture fund, Alpha Wave Incubation Fund, worth $300 million to invest in early-stage businesses in India and Southeast Asia. Alpha Wave Incubation Fund, located at Abu Dhabi Global Market, will help start-ups to set up global or reginal headquarters in Abu Dhabi’s Masdar City. Mohammed Hassan Alsuwaidi, CEO, ADQ, said: “The fund [...]