Plus: India expands shipping fleet plan, OpenAI launches ChatGPT Go in India + chip-enabled e-passports for UAE residents
Author Archives: enterpriseam admin
Emirates NBD funds Indigo’s Airbus acquisition
Indigo said the financing would strengthen future collaboration with the Emirati lender
Adia-backed Lenskart readies USD 828 mn IPO
Lenskart IPO eyes market high: Indian eyewear retailer Lenskart Solutions Ltd plans to raise INR 72.8 bn (USD 828 mn) through its upcoming IPO, Business Standard reports. The company will issue new shares worth INR 21.5 bn (USD 245 mn), while existing investors will offload 127.6 mn shares. Backed by Abu Dhabi Investment Authority (ADIA), […]
Reliance to comply with western sanctions on Russian oil; state refiners pause orders
The refiner will align supply contracts as new sanctions take effect beginning 21 November
Tata Motors debuts bespoke MENA fleet to meet regional needs
The launch comes as Gulf economies accelerate fleet upgrades to meet new emission norms and sustainability targets
Riyadh’s BRKZ bags up to USD 30 mn in growth debt from Indian-based Stride Ventures
Stride Venture partnered with SAB Invest, aiming to invest USD 500 mn in the region’s startups and SMEs
LIC denies report linking government to its Adani investments
State-owned insurer says all investment decisions are made independently and follow due diligence norms
RBI, Sebi to revive foreign investor confidence amid USD 17 bn stock market sell-off
The deregulation in India coincides with China's recent initiatives to ease foreign investor access to its bond and stock markets
Reliance, Meta to form INR 855 mn AI joint venture
Reliance Enterprise Intelligence to develop enterprise AI tools for Indian businesses
Global sukuk market on track to close out 2025 on a high note
The UAE and Saudi Arabia are expected to be the primary engines of growth