Company Insights Mubadala Investment Company Finance Mubadala Investment Company News Energy Masdar chief hails ‘defining moment’ in $3bn green fund The chairman of Abu Dhabi Future Energy Company, better known as Masdar, has described the completion of its debut green bond issuance as a “defining moment”. The $750 million 10-year senior unsecured notes are listed on the London Stock Exchange (LSE) and form the first part of a programme to raise up to $3 billion. […] August 7, 2023 EXCLUSIVE Business of Sport Baseball ready to strike home run in the Middle East When the opening pitch is thrown at Dubai International Stadium in November it will signal the official start of the first ever professional baseball league in the Middle East and South Asia. And the power broker behind the ambitious project hopes the 25,000-seater venue will be at least a quarter full to mark the inaugural […] August 6, 2023 Analysis Banking and Finance Gulf sovereign wealth funds vary recipes for success Gulf sovereign wealth funds are pursuing differing investment strategies when it comes to the way they buy into target companies, according to a report by analyst Global SWF Institute. The paper highlights how the Kuwait Investment Authority (KIA) and Investment Corporation of Dubai prioritise buying into target assets via funds, while Saudi Arabia’s Public Investment […] August 3, 2023 Tech Mubadala buys minority stake in US data centre firm Abu Dhabi sovereign investor Mubadala Investment Company has taken a minority stake in a US-based data centre company, as it ramps up its global investments in digital infrastructure. Texas-headquartered Aligned Data Centres (Aligned) has the majority of its operations in North America, but this year has expanded into Latin America by acquiring LatAm data centre […] August 3, 2023 Real Estate Oyo expands to meet expat demand for Abu Dhabi flats Indian hospitality chain Oyo is adding 2,000 apartments to its offering in Abu Dhabi as demand grows for expat housing. The furnished units will be available for long-term rent and many will be located in business districts such as Khalifa City, Al Zeina, Al Raha, Al Reem Island, Al Reef and Al Mushrif. Other apartments […] August 2, 2023 Sustainability Abu Dhabi ramps up its climate action strategy The Abu Dhabi Environment Agency (EAD) has outlined its plans for the emirate’s climate change strategy. The EAD’s five-year plan aims to reduce the UAE capital’s emissions by 22 percent from 2016 levels by strengthening its efforts to achieve greater environmental resilience and climate neutrality, and attracting investment as part of a sustainable economy. EAD […] July 25, 2023 Tourism Abu Dhabi checks into $900m deal for Japan hotels A subsidiary of Abu Dhabi Investment Authority is part of a consortium that has completed a $900 million deal to acquire a portfolio of hotels in Japan. The Adia subsidiary has joined Singapore’s private equity real estate firm SC Capital Partners and Goldman Sachs Asset Management in acquiring 27 hotels from Japanese developer Daiwa House […] July 19, 2023 Analysis Trade Deals and state visits fuel UAE-Turkey trade hopes The trade corridor with Turkey is expected to become one of the UAE’s fastest growing for the rest of the decade on the back of a new economic deal and high-profile state visits. UAE President Sheikh Mohamed bin Zayed Al Nahyan visited Turkey last month, an event described by his minister of economy as taking […] July 14, 2023 Analysis Trade Pakistan looks to UAE for trade deals, not loan debts The UAE confirmed late on Wednesday it has deposited $1 billion in Pakistan’s central bank, a day after Saudi Arabia also transferred $2 billion. In addition to direct funding, the Islamabad government is aiming to attract multi-billion dollar investments from the UAE and other Gulf countries to create millions of new jobs after struggling with […] July 13, 2023 Analysis Trade Defence giant leads UAE charge into Latin America UAE defence conglomerate Edge has partnered with the Brazilian navy to develop long-range anti-ship missiles, weeks after opening a new regional office in the federal capital, Brasilia. The deal, described as a “significant milestone” by Mansour AlMulla, managing director and CEO of Edge, was signed during the visit of a delegation led by Reem bint […] July 10, 2023 Posts navigation Previous 1 … 26 27 28 … 37 Next
Energy Masdar chief hails ‘defining moment’ in $3bn green fund The chairman of Abu Dhabi Future Energy Company, better known as Masdar, has described the completion of its debut green bond issuance as a “defining moment”. The $750 million 10-year senior unsecured notes are listed on the London Stock Exchange (LSE) and form the first part of a programme to raise up to $3 billion. […] August 7, 2023
EXCLUSIVE Business of Sport Baseball ready to strike home run in the Middle East When the opening pitch is thrown at Dubai International Stadium in November it will signal the official start of the first ever professional baseball league in the Middle East and South Asia. And the power broker behind the ambitious project hopes the 25,000-seater venue will be at least a quarter full to mark the inaugural […] August 6, 2023
Analysis Banking and Finance Gulf sovereign wealth funds vary recipes for success Gulf sovereign wealth funds are pursuing differing investment strategies when it comes to the way they buy into target companies, according to a report by analyst Global SWF Institute. The paper highlights how the Kuwait Investment Authority (KIA) and Investment Corporation of Dubai prioritise buying into target assets via funds, while Saudi Arabia’s Public Investment […] August 3, 2023
Tech Mubadala buys minority stake in US data centre firm Abu Dhabi sovereign investor Mubadala Investment Company has taken a minority stake in a US-based data centre company, as it ramps up its global investments in digital infrastructure. Texas-headquartered Aligned Data Centres (Aligned) has the majority of its operations in North America, but this year has expanded into Latin America by acquiring LatAm data centre […] August 3, 2023
Real Estate Oyo expands to meet expat demand for Abu Dhabi flats Indian hospitality chain Oyo is adding 2,000 apartments to its offering in Abu Dhabi as demand grows for expat housing. The furnished units will be available for long-term rent and many will be located in business districts such as Khalifa City, Al Zeina, Al Raha, Al Reem Island, Al Reef and Al Mushrif. Other apartments […] August 2, 2023
Sustainability Abu Dhabi ramps up its climate action strategy The Abu Dhabi Environment Agency (EAD) has outlined its plans for the emirate’s climate change strategy. The EAD’s five-year plan aims to reduce the UAE capital’s emissions by 22 percent from 2016 levels by strengthening its efforts to achieve greater environmental resilience and climate neutrality, and attracting investment as part of a sustainable economy. EAD […] July 25, 2023
Tourism Abu Dhabi checks into $900m deal for Japan hotels A subsidiary of Abu Dhabi Investment Authority is part of a consortium that has completed a $900 million deal to acquire a portfolio of hotels in Japan. The Adia subsidiary has joined Singapore’s private equity real estate firm SC Capital Partners and Goldman Sachs Asset Management in acquiring 27 hotels from Japanese developer Daiwa House […] July 19, 2023
Analysis Trade Deals and state visits fuel UAE-Turkey trade hopes The trade corridor with Turkey is expected to become one of the UAE’s fastest growing for the rest of the decade on the back of a new economic deal and high-profile state visits. UAE President Sheikh Mohamed bin Zayed Al Nahyan visited Turkey last month, an event described by his minister of economy as taking […] July 14, 2023
Analysis Trade Pakistan looks to UAE for trade deals, not loan debts The UAE confirmed late on Wednesday it has deposited $1 billion in Pakistan’s central bank, a day after Saudi Arabia also transferred $2 billion. In addition to direct funding, the Islamabad government is aiming to attract multi-billion dollar investments from the UAE and other Gulf countries to create millions of new jobs after struggling with […] July 13, 2023
Analysis Trade Defence giant leads UAE charge into Latin America UAE defence conglomerate Edge has partnered with the Brazilian navy to develop long-range anti-ship missiles, weeks after opening a new regional office in the federal capital, Brasilia. The deal, described as a “significant milestone” by Mansour AlMulla, managing director and CEO of Edge, was signed during the visit of a delegation led by Reem bint […] July 10, 2023
