MENA <> India Corridor 
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India’s MAN Industries acquires Saudi pipe maker NPC to embed capacity in the Kingdom
The USD 102 mn transaction gives the Mumbai-based manufacturer a direct foothold in the Kingdom amid a massive regional infrastructure…
THIS AFTERNOON: ENBD nears RBL takeover after Sebi nod; India plans to add 62 vessels to its commercial fleet
Price hike for industrial LPG and ATF
Emirates NBD is one step closer to acquiring India’s RBL Bank
A mandatory open offer will likely be triggered as soon as next week
India’s central bank eases capital market exposure norms
As per the revised limits, banks gain headroom for financing as the Reserve Bank of India lifts lending caps while…
IHC gets the ball rolling on USD 1 bn acquisition of Sammaan Capital
Plus: Airtel’s Nxtra raises USD 1 bn to scale India’s data backbone
Mubadala-backed Manipal Health seeks USD 1.17 bn in upcoming IPO
Plus: Encube Ethicals readies a USD 400 mn listing after failed M&A talks with Mubadala
THIS AFTERNOON: India likely to delay interim US trade pact; IDBI Bank stake sale scrapped
Plus: Govt scraps IDBI Bank stake sale
MENA’s M&A surge is about buying global supply chains and tech dominance
Cross-border activity accounted for 61% of dealvalue
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