Company Insights Mubadala Investment Company Finance Mubadala Investment Company News Analysis Energy Adnoc chasing global growth with latest venture Abu Dhabi National Oil Company (Adnoc) is creating a dedicated unit for low carbon solutions and international business. It is an attempt to monetise the decarbonisation strategy mandated to it by its board and the wider UAE government. But the company must ensure that any future overseas work does not cannibalise that of the Abu […] December 7, 2022 Banking and Finance Mena VC firm VentureSouq to set up climate-focused fund Middle East and North Africa-based Venture capital firm VentureSouq is to launch a new climate-focused fund to support companies developing solutions for the green economy. Achieving net zero carbon emissions by 2050 globally will require as much as $173 trillion in investments in the energy transition, according to BloombergNEF’s (BNEF) New Energy Outlook 2021 (NEO), […] November 18, 2022 Exclusive Banking and Finance Jobs at risk as private equity slows hiring in the Gulf The looming global recession is pushing private equity firms to freeze hiring in the Gulf, with layoffs likely to be on the way, an executive at a UAE-based global investment company has said. Major Wall Street firms are already beginning to rein in expenses amid a slump in deals volume on the back of repeated […] November 4, 2022 Banking and Finance UBS to wind down Mena advisory and dealmaking operations UBS Group AG is planning to wind down its dealmaking and advisory operations in the Middle East and North Africa (Mena), Bloomberg reported, citing informed sources. The division’s last senior banker in the region has tendered his resignation recently, they said, adding a decision to retreat from in-person operations was taken in recently. Bankers and […] November 3, 2022 Tech IPO juggernaut Bayanat eyes driverless vehicle acquisitions Abu Dhabi’s geospatial and data analytics firm Bayanat AI Plc expects its next wave of growth to come from the driverless vehicles segment and is in the market for potential acquisitions. The company this week recorded the best first-day performance of any global stock market listing of at least $100 million this year. It nearly […] November 3, 2022 Estonia’s exports to UAE double after Expo 2020 Dubai Estonia’s participation in Expo 2020 Dubai helped the European country’s exports of goods and services to the UAE increase by more than 100 percent in the past year. The value of Estonian goods exported to the UAE was up 126 percent year-on-year to €80.8 million ($80.57 million) in the eight months from January to August […] October 31, 2022 Opinion Banking and Finance Soft diplomacy rose to new levels at Saudi Arabia’s sixth FII forum The Future Investment Initiative was a networking forum for entrepreneurs and leaders shaping the global economy October 28, 2022 Analysis Abu Dhabi sovereign wealth fund to deploy more into private credit Abu Dhabi Investment Authority (ADIA) is upping its exposure to private credit to boost its returns, the world’s fifth largest sovereign wealth fund revealed in its 2021 annual review published on Thursday. Private credit has flourished since the 2008 global financial crisis as banks became more risk averse in their lending and interest rates plunged, […] October 27, 2022 EXCLUSIVE Tech ‘Full support’ for Abu Dhabi biotech tie-up with Israel Abu Dhabi would welcome the opportunity to collaborate with Israel to accelerate the development of biotechnology capabilities in the UAE. Dr Dirk Richter, senior advisor and director of health sector innovation with the Department of Health Abu Dhabi, said the emirate is “really open” to forging a partnership with the likes of the Hadassah Medical […] October 27, 2022 Sustainability Mubadala buys stake in German offshore wind power giant Mubadala Investment Company has announced the acquisition of a stake in Skyborn Renewables, the world’s largest private offshore wind developer. The deal by the Abu Dhabi-based sovereign investor, which manages a global portfolio of assets valued at $284 billion, bolsters its rapidly growing clean and sustainable energy portfolio. Global Infrastructure Partners (GIP) also has a […] October 19, 2022 Posts navigation Previous 1 … 32 33 34 … 36 Next
Analysis Energy Adnoc chasing global growth with latest venture Abu Dhabi National Oil Company (Adnoc) is creating a dedicated unit for low carbon solutions and international business. It is an attempt to monetise the decarbonisation strategy mandated to it by its board and the wider UAE government. But the company must ensure that any future overseas work does not cannibalise that of the Abu […] December 7, 2022
Banking and Finance Mena VC firm VentureSouq to set up climate-focused fund Middle East and North Africa-based Venture capital firm VentureSouq is to launch a new climate-focused fund to support companies developing solutions for the green economy. Achieving net zero carbon emissions by 2050 globally will require as much as $173 trillion in investments in the energy transition, according to BloombergNEF’s (BNEF) New Energy Outlook 2021 (NEO), […] November 18, 2022
Exclusive Banking and Finance Jobs at risk as private equity slows hiring in the Gulf The looming global recession is pushing private equity firms to freeze hiring in the Gulf, with layoffs likely to be on the way, an executive at a UAE-based global investment company has said. Major Wall Street firms are already beginning to rein in expenses amid a slump in deals volume on the back of repeated […] November 4, 2022
Banking and Finance UBS to wind down Mena advisory and dealmaking operations UBS Group AG is planning to wind down its dealmaking and advisory operations in the Middle East and North Africa (Mena), Bloomberg reported, citing informed sources. The division’s last senior banker in the region has tendered his resignation recently, they said, adding a decision to retreat from in-person operations was taken in recently. Bankers and […] November 3, 2022
Tech IPO juggernaut Bayanat eyes driverless vehicle acquisitions Abu Dhabi’s geospatial and data analytics firm Bayanat AI Plc expects its next wave of growth to come from the driverless vehicles segment and is in the market for potential acquisitions. The company this week recorded the best first-day performance of any global stock market listing of at least $100 million this year. It nearly […] November 3, 2022
Estonia’s exports to UAE double after Expo 2020 Dubai Estonia’s participation in Expo 2020 Dubai helped the European country’s exports of goods and services to the UAE increase by more than 100 percent in the past year. The value of Estonian goods exported to the UAE was up 126 percent year-on-year to €80.8 million ($80.57 million) in the eight months from January to August […] October 31, 2022
Opinion Banking and Finance Soft diplomacy rose to new levels at Saudi Arabia’s sixth FII forum The Future Investment Initiative was a networking forum for entrepreneurs and leaders shaping the global economy October 28, 2022
Analysis Abu Dhabi sovereign wealth fund to deploy more into private credit Abu Dhabi Investment Authority (ADIA) is upping its exposure to private credit to boost its returns, the world’s fifth largest sovereign wealth fund revealed in its 2021 annual review published on Thursday. Private credit has flourished since the 2008 global financial crisis as banks became more risk averse in their lending and interest rates plunged, […] October 27, 2022
EXCLUSIVE Tech ‘Full support’ for Abu Dhabi biotech tie-up with Israel Abu Dhabi would welcome the opportunity to collaborate with Israel to accelerate the development of biotechnology capabilities in the UAE. Dr Dirk Richter, senior advisor and director of health sector innovation with the Department of Health Abu Dhabi, said the emirate is “really open” to forging a partnership with the likes of the Hadassah Medical […] October 27, 2022
Sustainability Mubadala buys stake in German offshore wind power giant Mubadala Investment Company has announced the acquisition of a stake in Skyborn Renewables, the world’s largest private offshore wind developer. The deal by the Abu Dhabi-based sovereign investor, which manages a global portfolio of assets valued at $284 billion, bolsters its rapidly growing clean and sustainable energy portfolio. Global Infrastructure Partners (GIP) also has a […] October 19, 2022
