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Al-Futtaim to invest $700 mln in Egypt after dispute settled

BY Reuters |

Dubai-based conglomerate Al-Futtaim Group said on Nov. 25 it would invest $700 million in Egypt over three years, and pay the government $30.5 million as part of a settlement reached last week over a long-standing land sale dispute.
Thailand approves investment projects worth $2.4 bln

BY Reuters |

Thailand's investment agency has approved applications for projects worth 79.2 billion baht ($2.4 billion) mainly in the automobile industry, it said on Tuesday.
Samsung Electronics to build $3 bln smartphone plant in Vietnam

BY Reuters |

South Korea's Samsung Electronics Co Ltd has applied for a license to invest $3 billion in building a second smartphone factory in northern Vietnam, a government official said on Monday.
Qatar's wealth fund to launch $10 bln investment fund with China's CITIC

BY Reuters |

The Qatar Investment Authority (QIA), one of the world's most aggressive investors, has signed an agreement on Tuesday with CITIC Group Corp to launch a $10 billion fund that will invest in the region, the chief executive of the Qatari sovereign wealth fund said.
MoFo helps SoftBank snap up India deal

BY Kanishk Verghese, Reuters |

Morrison & Foerster has advised Japanese telecom and media group SoftBank Corp on its $627 million investment in Indian online marketplace Snapdeal.
Viettel 'to invest $1 bln on 3G telecom network in Tanzania'

BY Reuters |

Vietnam-based telecom operator Viettel plans to invest $1 billion in a new third-generation (3G) mobile phone network in Tanzania, the office of the east African country's president said on Tuesday.
Dubai Investments plans investments in education, healthcare

BY Reuters |

Dubai Investments (DI), the diversified Gulf-based investment group, is in advanced talks to set up a university and a school as part of a move into the expanding education and healthcare sectors, its chief executive said on Tuesday.
Abu Dhabi state fund asks for more in $22 bln Malaysia banking deal

BY Reuters |

Aabar Investments is demanding a hefty premium for its minority stake in Malaysia's No.4 bank, sources say, as the Abu Dhabi state fund leverages on its amplified role in a $22 billion merger that will create Southeast Asia's fourth-largest lender.
SoftBank kicks off $10 bln India online spree, buys stake in Snapdeal

BY Reuters |

Japanese telecom and media group SoftBank Corp has set its sights on Indian e-commerce in its aggressive expansion drive, saying it will invest about $10 billion in the booming sector.
Warburg Pincus to invest $200 mln in Kalyan Jewellers

BY Reuters |

U.S. private equity firm Warburg Pincus LLC has agreed to buy a significant minority stake in India's Kalyan Jewellers for about $200 million, five sources with knowledge of the transaction told Reuters on Monday.