MENA <> India Corridor 
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AI + Innovation (MENA) 
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Dubai’s Al Hind Air and FlyExpress secure clearance to launch in India
The Civil Aviation Ministry says India is targeting a five-airline market to support demand after 4k IndiGo cancellations between 1-9…
Year of the megadeals (and AI acquisitions)
More than three-quarters of new M&A value came from transactions above USD 5 bn
MUFG’s USD 4.4 bn acquisition of Shriram Finance highlights growing competition with Gulf SWFs
As MUFG completes the largest-ever foreign investment in Indian financial services, the deal underscores growing competition between Asian and Middle…
Sebi to revamp takeover rules, tighten M&A norms
Indian consumer brands to list on UAE e-ecoplatform Noon
Masdar withdraws take-private bid for India’s Renew, while Emirates NBD reportedly could drop plans to acquire another stake in an Indian bank
Masdar pulled the plug on the transaction without disclosing the reason
BlackRock’s GIP to buy minority stake for INR 3bn in Aditya Birla Renewables
The stake purchase includes a primary infusion and a greenshoe option, valuing ABREN at INR 146 bn
Indian tech firm Cyient acquires Abu Dhabi tech consulting firm in a push into the region
ADGCE mainly works with energy firms
ENBD to bid for USD 7.1 bn stake sale of state-owned IDBI bank
Emirates NBD, Kotak Mahindra Bank, and Fairfax Financial have received initial clearance and are conducting due diligence
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