Company Insights Mubadala Investment Company Finance Mubadala Investment Company News Banking and Finance Mubadala tightens sukuk spread as orders hit $7bn A subsidiary of Abu Dhabi’s Mubadala Investment Company is raising $1 billion through a US dollar-denominated 10-year sukuk (sharia-compliant bond), a news report said. The new funds will be raised by Mamoura Diversified Global Holding, Reuters reported, citing a document. The purpose of the fund was not given. Book orders topped $7 billion, which allowed the […] March 27, 2024 People & Lifestyle Mubadala to buy pharma company Kelix Bio Abu Dhabi’s Mubadala Investment Company has signed a definitive agreement to acquire Kelix Bio, a specialty pharmaceutical business in the UAE that focuses on delivering complex generics across emerging markets. The Kelix Bio acquisition is set to boost the UAE’s global standing in life sciences, state-own Abu Dhabi Media Office reported, quoting a Mubadala statement. […] March 26, 2024 Food & Drink Gulf SWFs named as potential suitors of The Ivy Gulf sovereign wealth funds are among a host of buyers said to be interested in taking charge of the group behind the UK’s prestigious Ivy restaurant. A £1 billion ($1.26 billion) sale is expected to be complete by the end of June. Troia, the company that owns the Ivy and some 50 other restaurants, is […] March 25, 2024 Finance Mubadala backs UAE startup Moove’s $100m funding round Moove, a UAE-headquartered vehicle-financing startup, has secured $100 million in a new funding round backed by Abu Dhabi’s Mubadala Investment Company, an existing investor. The Series B round, which saw investments from US ride-hailing app Uber, valued the Nigeria-founded startup at $750 million. The new funding will allow Moove to expand its vehicle financing offering […] March 20, 2024 Banking and Finance India is top Asian target for Middle East investors India is more than twice as important as China as a target for Middle East investment, an industry report has revealed. Since 2020, private capital deal value from the Middle East into Asia has soared more than sixfold, from $14 billion between 2016 and 2019 to $83 billion since 2020, data from the Global Private […] March 11, 2024 Banking and Finance Gulf wealth funds put investing in US well ahead of China Most sovereign wealth funds in the Gulf remain heavily invested in the US, while China represents a much smaller part of their portfolios, data from the consultancy Global SWF shows. The data also shows that the portfolios of Gulf sovereign wealth funds vary widely in terms of their geographical distribution. This is partly a result […] March 8, 2024 Energy Masdar to build solar plants for UAE defence ministry Abu Dhabi’s clean energy giant Masdar and the UAE defence ministry have agreed to develop multi-solar plants across Abu Dhabi. Emerge, a joint venture between Masdar and France’s EDF Group, will provide a full turnkey solution for the projects for 25 years, including finance, design, procurement, construction, operations, and maintenance. No other project details were […] March 8, 2024 Tech UAE funds back investments in African startups Abu Dhabi’s Mubadala Investment Company and French national investment bank Bpifrance have co-invested in an Africa-focused venture capital fund. At the same time, Dubai Future District Fund, launched in 2020 by Dubai’s ruler Sheikh Mohammed Bin Rashid Al Maktoum, has also invested in the Partech Africa II VC fund. The capital investments of the two […] March 7, 2024 Energy Adnoc buys 25% of Austrian chemical group OMV Abu Dhabi state oil company Adnoc has formally closed the acquisition of a 25 percent stake in Austrian energy and chemicals group OMV. The energy giant bought the stake from UAE sovereign wealth fund Mubadala Investment Company. Financial details were not disclosed. Österreichische Beteiligungs AG, an Austrian independent holding company, holds 31 percent in OMV, […] March 1, 2024 Renewable Energy DP World and Masdar link up for project to decarbonise ports Two of the UAE’s biggest companies have formed a partnership that aims to decarbonise ports in the Middle East and Africa. Logistics group DP World has signed a three-year agreement with clean energy giant Masdar. Their initial focus will be on ports in Saudi Arabia, Senegal and Egypt. The companies will identify the best sites […] February 27, 2024 Posts navigation Previous 1 … 18 19 20 … 34 Next
Banking and Finance Mubadala tightens sukuk spread as orders hit $7bn A subsidiary of Abu Dhabi’s Mubadala Investment Company is raising $1 billion through a US dollar-denominated 10-year sukuk (sharia-compliant bond), a news report said. The new funds will be raised by Mamoura Diversified Global Holding, Reuters reported, citing a document. The purpose of the fund was not given. Book orders topped $7 billion, which allowed the […] March 27, 2024
People & Lifestyle Mubadala to buy pharma company Kelix Bio Abu Dhabi’s Mubadala Investment Company has signed a definitive agreement to acquire Kelix Bio, a specialty pharmaceutical business in the UAE that focuses on delivering complex generics across emerging markets. The Kelix Bio acquisition is set to boost the UAE’s global standing in life sciences, state-own Abu Dhabi Media Office reported, quoting a Mubadala statement. […] March 26, 2024
Food & Drink Gulf SWFs named as potential suitors of The Ivy Gulf sovereign wealth funds are among a host of buyers said to be interested in taking charge of the group behind the UK’s prestigious Ivy restaurant. A £1 billion ($1.26 billion) sale is expected to be complete by the end of June. Troia, the company that owns the Ivy and some 50 other restaurants, is […] March 25, 2024
Finance Mubadala backs UAE startup Moove’s $100m funding round Moove, a UAE-headquartered vehicle-financing startup, has secured $100 million in a new funding round backed by Abu Dhabi’s Mubadala Investment Company, an existing investor. The Series B round, which saw investments from US ride-hailing app Uber, valued the Nigeria-founded startup at $750 million. The new funding will allow Moove to expand its vehicle financing offering […] March 20, 2024
Banking and Finance India is top Asian target for Middle East investors India is more than twice as important as China as a target for Middle East investment, an industry report has revealed. Since 2020, private capital deal value from the Middle East into Asia has soared more than sixfold, from $14 billion between 2016 and 2019 to $83 billion since 2020, data from the Global Private […] March 11, 2024
Banking and Finance Gulf wealth funds put investing in US well ahead of China Most sovereign wealth funds in the Gulf remain heavily invested in the US, while China represents a much smaller part of their portfolios, data from the consultancy Global SWF shows. The data also shows that the portfolios of Gulf sovereign wealth funds vary widely in terms of their geographical distribution. This is partly a result […] March 8, 2024
Energy Masdar to build solar plants for UAE defence ministry Abu Dhabi’s clean energy giant Masdar and the UAE defence ministry have agreed to develop multi-solar plants across Abu Dhabi. Emerge, a joint venture between Masdar and France’s EDF Group, will provide a full turnkey solution for the projects for 25 years, including finance, design, procurement, construction, operations, and maintenance. No other project details were […] March 8, 2024
Tech UAE funds back investments in African startups Abu Dhabi’s Mubadala Investment Company and French national investment bank Bpifrance have co-invested in an Africa-focused venture capital fund. At the same time, Dubai Future District Fund, launched in 2020 by Dubai’s ruler Sheikh Mohammed Bin Rashid Al Maktoum, has also invested in the Partech Africa II VC fund. The capital investments of the two […] March 7, 2024
Energy Adnoc buys 25% of Austrian chemical group OMV Abu Dhabi state oil company Adnoc has formally closed the acquisition of a 25 percent stake in Austrian energy and chemicals group OMV. The energy giant bought the stake from UAE sovereign wealth fund Mubadala Investment Company. Financial details were not disclosed. Österreichische Beteiligungs AG, an Austrian independent holding company, holds 31 percent in OMV, […] March 1, 2024
Renewable Energy DP World and Masdar link up for project to decarbonise ports Two of the UAE’s biggest companies have formed a partnership that aims to decarbonise ports in the Middle East and Africa. Logistics group DP World has signed a three-year agreement with clean energy giant Masdar. Their initial focus will be on ports in Saudi Arabia, Senegal and Egypt. The companies will identify the best sites […] February 27, 2024
