Abu Dhabi
Infrastructure
Abu Dhabi's ADQ takes majority stake in logistics firm Aramex
Abu Dhabi sovereign wealth fund ADQ on Tuesday said it now owns a 58% stake in logistics firm Aramex after ......
Infrastructure
Etihad profit more than triples to almost $500 mn ahead of expected IPO
Etihad Airways more than tripled its net profit last year to $476 million, the carrier, which sources say is set ......
Finance
Abu Dhabi's Mubadala overtakes Saudi Arabia's PIF as world's top wealth fund spender
Abu Dhabi's Mubadala Investment Company accounted for about 20% of the almost $136.1 billion spent by sovereign wealth funds worldwide ......
Finance
Asset manager Polen Capital to open office in Abu Dhabi
US investment management firm Polen Capital said on Monday it has received preliminary approval for a license to operate from the ......
Finance
Mubadala to take Canada's CI Financial private, stock skyrockets 30%
Abu Dhabi's Mubadala Capital will take CI Financial private in a C$12.1 billion ($8.66 billion) all-cash deal, including debt, the Canadian ......
Finance
Ruya Partners aims final close of $250 mn private credit fund by December-end
Ruya Partners, the Gulf region’s first partner-owned private credit firm, is eyeing a final close of its $250-million target fund ......
Consumer
Middle Eastern consumer chain Lulu Retail seeks to raise $1.4 bn via IPO
Lulu Retail Holdings, which runs one of the Middle East's biggest hypermarket chains, said on Monday it aims to raise ......
Finance
Dubai and Abu Dhabi race to lure world's wealth managers
Abu Dhabi is emerging from Dubai's shadow as it attracts its own share of asset managers' and billionaires wealth, helping ......
General
MENA Digest: Global Ventures-backed Abhi leads fundraising this week
Abhi, a UAE-based fintech startup, which is backed by Global Ventures and VentureSouq, led fundraising activity in the Middle East ......
Finance
LP Summit Dubai 2024: UAE's institutional LPs keen on Sharia-based credit financing
Institutional limited partners operating in the United Arab Emirates, including endowment funds, family office investors and banks have an inclination to ......