Mukesh Ambani. File
Mubadala Investment Company (Mubadala), the Abu Dhabi-based sovereign investor, on Thursday announced it will invest 62.48 billion rupees (Dhs3.1 billion) into Reliance Retail Ventures Limited (RRVL),
Reliance Industries Ltd (RIL) chief Mukesh Ambani is the ninth richest person in the world along with Steve Ballmer of Microsoft and Larry Page of Google, each having a net worth of $67 billion, according to the Hurun Global Rich List 2020.
Backed by multi-billion-dollar investments from global tech giants, India’s richest man is ready to rumble with Amazon and Walmart for the country’s huge e-commerce market through his conglomerate Reliance.
Going into business without first having some basic knowledge of how the market works and the tools at our disposal increases your risk of getting into trouble. Simulators provide learning platforms for people who want to start learning how to invest.
Statistics Centre - Abu Dhabi (SCAD) has announced statistical data that show expansion of Abu Dhabi’s Gross Domestic Product (GDP) in the first half of 2022, reaching 11.2 per cent compared to the same period last year.
Dubai-owned ports giant DP World will manage a logistics-focused free economic zone in Uzbekistan’s southeastern Navoi province, Uzbek President Shavkat Mirziyoyev’s office said late on Friday.