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(Reuters) -Shares of India's RBL Bank surged to a five-year high after Emirates NBD announced a $3 billion investment in the lender, with investors betting the deal will turbocharge foreign investor interest in the country's banking sector amid easing regulations.
Bankers say the move indicates a shift in policy that could lead to a wave of mergers and acquisitions in the financial services sector.
Oklahoma City fell short of a title last season. No, not the Larry O'Brien—they won that, and for the first time in franchise history. But before they got there
India's RBL Bank surged to a five-year high on Monday after Dubai-based Emirates NBD decided to purchase a $3 billion stake in the private lender, the largest cross-border acquisition in the country's financial sector.
Emirates just formally took ownership of one of the A380s it operates, as the airline remains committed to the type for the next decade or so.
Emirates NBD Bank PJSC will invest as much as $3.05 billion in Indian private lender RBL Bank Ltd., underscoring continued foreign investor interest in the south Asian nation’s financial sector.
In thinking that echoes the creation of the Emirates, Arsenal are analysing their capacity from a position of strength - but hurdles await
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Emirates Driving Company makes strategic move into broader mobility sector with Mwasalat investment
The deal includes an option to increase its shareholding to a controlling 50.6%, signaling EDC’s transformation from a driving education provider into a fully integrated mobility player
Arsenal are considering plans to expand the Emirates Stadium’s capacity which would see it become the largest club ground in London.They are exploring potentially increasing the capacity from
Flying to popular destinations such as Bangkok, Sydney and Singapore, and with a reputation for in-flight luxury, it’s no surprise Emirates trips tend to come with a handsome price tag. So that you can enjoy the experience for less,