Company Insights Mubadala Investment Company Finance Mubadala Investment Company News Tech Mubadala secures $500m stake in US broadband firm Brightspeed, a US-based broadband and telecommunications services company, has received a $500 million investment from Mubadala Investment Company, the sovereign investor of Abu Dhabi. Mubadala will become a minority shareholder, joining investment funds managed by affiliates of Apollo Global Management, a statement said. Brightspeed, headquartered in Charlotte, North Carolina, says it has the capability to […] May 2, 2023 Banking and Finance Mubadala co-leads $315m fundraising for Chinese firm Singapore-based healthcare investment firm CBC Group and Abu Dhabi sovereign fund Mubadala Investment Company have completed a $315 million fundraising round for Hasten Biopharmaceutic Company. The proceeds will fund future acquisitions and business development of pipeline assets, CBC said in a statement. Mohamed Albadr, head of Mubadala’s China office, said they will build a biopharma platform […] April 20, 2023 Analysis Banking and Finance Ukraine ceasefire will unlock billions in Gulf-Russia deals GCC investors shelved a potential $15 billion of investments in Russia when Moscow invaded Ukraine, but companies are said to be quietly resuming due diligence in the hope of tying up deals when a peace accord is reached. These possible Gulf-Russia deals are mainly in the oil and gas, transport, logistics and agricultural sectors, according […] April 19, 2023 Banking and Finance Taqa raises $1.5bn in bonds as order book hits $15bn Abu Dhabi National Energy Company (Taqa) has raised a combined $1.5 billion in five-year and 10-year dual-tranche senior unsecured notes. The 10-year bonds, sized at $1 billion, were issued at a coupon rate of 4.696 percent, reported state-run WAM news agency, citing a company statement. The net proceeds from Taqa’s first green bond issuance will […] April 19, 2023 Banking and Finance Abu Dhabi’s Taqa plans dual-tranche dollar green bond Abu Dhabi-listed Abu Dhabi National Energy Company (Taqa) has directed banks ahead of a possible dual-tranche US dollar-denominated green bond issue. The firm planned hold investor calls from Thursday for a benchmark-sized long five-year issue followed by a 10-year green bond, Reuters reported citing a document. Benchmark-sized issuance is at least $500 million. In September […] April 14, 2023 Analysis Health More GCC healthcare mergers likely as competition hots up The GCC healthcare market is set to witness more mergers, acquisitions and consolidation as competition increases, say experts. As the sector continues to mature, public-private partnerships (PPPs) are bringing about a shift in care delivery that is likely to be transformative, according to Dubai-based investment banking advisory firm Alpen Capital. Its research predicts that healthcare […] April 4, 2023 Banking and Finance Mubadala targets European dialysis clinic chain for $2.5bn Abu Dhabi’s Mubadala Investment Company is considering acquiring British private investment company Bridgepoint Group’s European dialysis clinic chain Diaverum for $2.5 billion. The UAE sovereign wealth fund is among the final bidders competing to acquire Swedish Diaverum, Bloomberg reported, citing unnamed sources. The names of the rival bidders were not given. Bridgepoint is seeking a […] March 31, 2023 Energy Uzbekistan draws in billions of GCC energy investments Uzbekistan’s energy sector is attracting billions of dollars from the Gulf as the former Soviet republic looks to generate 35 percent of its electricity from renewable sources by 2030. The central Asian country has an average of 330 sunny days a year and the potential for solar energy is huge, prompting companies such as Saudi-based […] March 31, 2023 Construction Abu Dhabi financial free zone set for office space boost Abu Dhabi’s Aldar Properties and Mubadala Investment Company have struck a deal to develop 63,000 square metres of commercial space within Abu Dhabi Global Market (ADGM), and are eyeing plots of land to further increase the free zone’s prime office supply. ADGM is Abu Dhabi’s financial free zone, located on Al Maryah Island in the […] March 30, 2023 UAE president names Abu Dhabi crown prince and deputy rulers UAE President and Abu Dhabi Ruler Sheikh Mohamed bin Zayed Al Nahyan has issued a decree appointing Sheikh Khaled bin Mohamed bin Zayed Al Nahyan as the crown prince of Abu Dhabi. Sheikh Khaled is the eldest son of Sheikh Mohammed bin Zayed. The president also appointed Sheikh Hazza bin Zayed and Sheikh Tahnoun bin Zayed […] March 30, 2023 Posts navigation Previous 1 … 29 30 31 … 37 Next
Tech Mubadala secures $500m stake in US broadband firm Brightspeed, a US-based broadband and telecommunications services company, has received a $500 million investment from Mubadala Investment Company, the sovereign investor of Abu Dhabi. Mubadala will become a minority shareholder, joining investment funds managed by affiliates of Apollo Global Management, a statement said. Brightspeed, headquartered in Charlotte, North Carolina, says it has the capability to […] May 2, 2023
Banking and Finance Mubadala co-leads $315m fundraising for Chinese firm Singapore-based healthcare investment firm CBC Group and Abu Dhabi sovereign fund Mubadala Investment Company have completed a $315 million fundraising round for Hasten Biopharmaceutic Company. The proceeds will fund future acquisitions and business development of pipeline assets, CBC said in a statement. Mohamed Albadr, head of Mubadala’s China office, said they will build a biopharma platform […] April 20, 2023
Analysis Banking and Finance Ukraine ceasefire will unlock billions in Gulf-Russia deals GCC investors shelved a potential $15 billion of investments in Russia when Moscow invaded Ukraine, but companies are said to be quietly resuming due diligence in the hope of tying up deals when a peace accord is reached. These possible Gulf-Russia deals are mainly in the oil and gas, transport, logistics and agricultural sectors, according […] April 19, 2023
Banking and Finance Taqa raises $1.5bn in bonds as order book hits $15bn Abu Dhabi National Energy Company (Taqa) has raised a combined $1.5 billion in five-year and 10-year dual-tranche senior unsecured notes. The 10-year bonds, sized at $1 billion, were issued at a coupon rate of 4.696 percent, reported state-run WAM news agency, citing a company statement. The net proceeds from Taqa’s first green bond issuance will […] April 19, 2023
Banking and Finance Abu Dhabi’s Taqa plans dual-tranche dollar green bond Abu Dhabi-listed Abu Dhabi National Energy Company (Taqa) has directed banks ahead of a possible dual-tranche US dollar-denominated green bond issue. The firm planned hold investor calls from Thursday for a benchmark-sized long five-year issue followed by a 10-year green bond, Reuters reported citing a document. Benchmark-sized issuance is at least $500 million. In September […] April 14, 2023
Analysis Health More GCC healthcare mergers likely as competition hots up The GCC healthcare market is set to witness more mergers, acquisitions and consolidation as competition increases, say experts. As the sector continues to mature, public-private partnerships (PPPs) are bringing about a shift in care delivery that is likely to be transformative, according to Dubai-based investment banking advisory firm Alpen Capital. Its research predicts that healthcare […] April 4, 2023
Banking and Finance Mubadala targets European dialysis clinic chain for $2.5bn Abu Dhabi’s Mubadala Investment Company is considering acquiring British private investment company Bridgepoint Group’s European dialysis clinic chain Diaverum for $2.5 billion. The UAE sovereign wealth fund is among the final bidders competing to acquire Swedish Diaverum, Bloomberg reported, citing unnamed sources. The names of the rival bidders were not given. Bridgepoint is seeking a […] March 31, 2023
Energy Uzbekistan draws in billions of GCC energy investments Uzbekistan’s energy sector is attracting billions of dollars from the Gulf as the former Soviet republic looks to generate 35 percent of its electricity from renewable sources by 2030. The central Asian country has an average of 330 sunny days a year and the potential for solar energy is huge, prompting companies such as Saudi-based […] March 31, 2023
Construction Abu Dhabi financial free zone set for office space boost Abu Dhabi’s Aldar Properties and Mubadala Investment Company have struck a deal to develop 63,000 square metres of commercial space within Abu Dhabi Global Market (ADGM), and are eyeing plots of land to further increase the free zone’s prime office supply. ADGM is Abu Dhabi’s financial free zone, located on Al Maryah Island in the […] March 30, 2023
UAE president names Abu Dhabi crown prince and deputy rulers UAE President and Abu Dhabi Ruler Sheikh Mohamed bin Zayed Al Nahyan has issued a decree appointing Sheikh Khaled bin Mohamed bin Zayed Al Nahyan as the crown prince of Abu Dhabi. Sheikh Khaled is the eldest son of Sheikh Mohammed bin Zayed. The president also appointed Sheikh Hazza bin Zayed and Sheikh Tahnoun bin Zayed […] March 30, 2023
