Company Insights Mubadala Investment Company Finance Mubadala Investment Company News Renewable Energy UAE sets sustainable aviation fuel targets The UAE is aiming to have sustainable aviation fuel (SAF) account for at least 1 percent of the total fuel supplied at airports in the Gulf state by 2031, according to a new government ruling. The Guideline on Sustainable Aviation Fuel says the country hopes to produce 700 million litres annually by 2030, according to […] December 13, 2023 Construction Investcorp buys 50% of Corsair’s $5bn infrastructure business Bahrain-based alternative investment firm Investcorp has acquired a 50 percent stake in the $4.8 billion infrastructure business of New York-based investment firm Corsair Capital. The transaction was completed by establishing Investcorp Corsair Infrastructure Partners (Investcorp Corsair), a new entity jointly owned by the two companies, the Manama-headquartered company said in a statement. The new entity […] December 12, 2023 Finance Mubadala to shift investment focus to Asia says CEO Mubadala, the second-biggest sovereign wealth fund in Abu Dhabi, will shift its investment focus towards Asia though the US remains a key market, CEO Khaldoon Al Mubarak said. “The US will remain an unbelievably attractive market and a key market for us,” Al Mubarak told the Milken Institute Middle East and Africa Summit. The CEO […] December 8, 2023 Analysis Trade UAE-Russia trade grows as Putin arrives in Gulf President Vladimir Putin will be hoping to build on Russia’s $9 billion of trade with the UAE as he visits the Gulf this week. Putin arrived in Abu Dhabi on Wednesday and is also expected to travel to Saudi Arabia for talks with Crown Prince Mohammed bin Salman. Trade between Russia and the UAE increased […] December 6, 2023 Analysis Trade Coffee fuels growth plans for UAE-Colombia trade The UAE finalised the terms of a trade deal with Colombia on Saturday as a Dubai free zone is also targeting growth with the commodities-rich nation. The comprehensive economic partnership agreement (Cepa) is the first bilateral trade deal between the Gulf and South America. Dubai Multi-Commodities Centre (DMCC) brought its Made for Trade Live roadshow […] December 4, 2023 Sustainability Bahrain anchors Investcorp’s $750m climate fund Bahrain’s sovereign wealth fund, Mumtalakat Holding Company (Mumtalakat), will anchor Manama-based alternative asset manager Investcorp’s $750 million climate fund. The launch comes as Cop28 kicks off in the UAE, with negotiators striking the first deal of the summit – agreeing to set up a fund to help vulnerable countries recover from damage caused by climate […] December 1, 2023 Finance US private equity giant General Atlantic opens Gulf offices Global private equity firm General Atlantic, which manages $77 billion in assets, is opening offices in the UAE and Saudi Arabia. The company has been investing in the Middle East since 2015 without a local base, but is now establishing a stronger foothold as it nears the completion of new investment deals in the region. […] November 29, 2023 Analysis Trade Raiven launches fund to strengthen UAE-Canada ties Raiven Capital, a venture capital company based in Toronto, has launched a new $125 million fund in Dubai with a focus on tech-based founders. The fund, set up in Dubai International Financial Centre (DIFC), will invest in entrepreneurs developing artificial intelligence to disrupt sectors including fintech and cybersecurity. “Raiven has ambitious plans for the region […] November 23, 2023 Analysis Energy War puts Israel’s big plans for gas exploration in jeopardy Oil markets may have shrugged off Israel’s war with Hamas, but a month into the Gaza conflict the intense violence is affecting Israel’s plans to become a regional hub for exporting natural gas, according to analysts. Last week the government awarded 12 new exploration and development licences to six operators. One group comprises Italian energy […] November 9, 2023 Banking and Finance Fund managers hedge bets between Dubai and Abu Dhabi A growing number of hedge funds are choosing to register in both the UAE’s financial hubs, according to the CEO of a consultancy that advises businesses on setting up in the Emirates. Clare Curtis, CEO of Effecta Compliance, told an investment conference on Monday that there was strong interest in the Dubai International Financial Centre […] November 1, 2023 Posts navigation Previous 1 … 21 22 23 … 34 Next
Renewable Energy UAE sets sustainable aviation fuel targets The UAE is aiming to have sustainable aviation fuel (SAF) account for at least 1 percent of the total fuel supplied at airports in the Gulf state by 2031, according to a new government ruling. The Guideline on Sustainable Aviation Fuel says the country hopes to produce 700 million litres annually by 2030, according to […] December 13, 2023
Construction Investcorp buys 50% of Corsair’s $5bn infrastructure business Bahrain-based alternative investment firm Investcorp has acquired a 50 percent stake in the $4.8 billion infrastructure business of New York-based investment firm Corsair Capital. The transaction was completed by establishing Investcorp Corsair Infrastructure Partners (Investcorp Corsair), a new entity jointly owned by the two companies, the Manama-headquartered company said in a statement. The new entity […] December 12, 2023
Finance Mubadala to shift investment focus to Asia says CEO Mubadala, the second-biggest sovereign wealth fund in Abu Dhabi, will shift its investment focus towards Asia though the US remains a key market, CEO Khaldoon Al Mubarak said. “The US will remain an unbelievably attractive market and a key market for us,” Al Mubarak told the Milken Institute Middle East and Africa Summit. The CEO […] December 8, 2023
Analysis Trade UAE-Russia trade grows as Putin arrives in Gulf President Vladimir Putin will be hoping to build on Russia’s $9 billion of trade with the UAE as he visits the Gulf this week. Putin arrived in Abu Dhabi on Wednesday and is also expected to travel to Saudi Arabia for talks with Crown Prince Mohammed bin Salman. Trade between Russia and the UAE increased […] December 6, 2023
Analysis Trade Coffee fuels growth plans for UAE-Colombia trade The UAE finalised the terms of a trade deal with Colombia on Saturday as a Dubai free zone is also targeting growth with the commodities-rich nation. The comprehensive economic partnership agreement (Cepa) is the first bilateral trade deal between the Gulf and South America. Dubai Multi-Commodities Centre (DMCC) brought its Made for Trade Live roadshow […] December 4, 2023
Sustainability Bahrain anchors Investcorp’s $750m climate fund Bahrain’s sovereign wealth fund, Mumtalakat Holding Company (Mumtalakat), will anchor Manama-based alternative asset manager Investcorp’s $750 million climate fund. The launch comes as Cop28 kicks off in the UAE, with negotiators striking the first deal of the summit – agreeing to set up a fund to help vulnerable countries recover from damage caused by climate […] December 1, 2023
Finance US private equity giant General Atlantic opens Gulf offices Global private equity firm General Atlantic, which manages $77 billion in assets, is opening offices in the UAE and Saudi Arabia. The company has been investing in the Middle East since 2015 without a local base, but is now establishing a stronger foothold as it nears the completion of new investment deals in the region. […] November 29, 2023
Analysis Trade Raiven launches fund to strengthen UAE-Canada ties Raiven Capital, a venture capital company based in Toronto, has launched a new $125 million fund in Dubai with a focus on tech-based founders. The fund, set up in Dubai International Financial Centre (DIFC), will invest in entrepreneurs developing artificial intelligence to disrupt sectors including fintech and cybersecurity. “Raiven has ambitious plans for the region […] November 23, 2023
Analysis Energy War puts Israel’s big plans for gas exploration in jeopardy Oil markets may have shrugged off Israel’s war with Hamas, but a month into the Gaza conflict the intense violence is affecting Israel’s plans to become a regional hub for exporting natural gas, according to analysts. Last week the government awarded 12 new exploration and development licences to six operators. One group comprises Italian energy […] November 9, 2023
Banking and Finance Fund managers hedge bets between Dubai and Abu Dhabi A growing number of hedge funds are choosing to register in both the UAE’s financial hubs, according to the CEO of a consultancy that advises businesses on setting up in the Emirates. Clare Curtis, CEO of Effecta Compliance, told an investment conference on Monday that there was strong interest in the Dubai International Financial Centre […] November 1, 2023
