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Mubadala + Goldman Sachs enter USD 1 bn agreement with an eye on Asia
Mubadala plans to more than double its assets in Asia to 25%, from the 12% currently under the fund’s management
THIS EVENING: Parliament passes a handful of bills
Good afternoon, dear readers, and welcome to this Monday that has seen our parliament cracking on as they passed a…
The Gulf IPO boom is showing no signs of slowing
The Abu Dhabi stock exchange has three more IPOs in the pipeline this year and another 11 lined up for…
EU wants a price cap on its gas markets + More US economists expect recession
The EU wants to cap prices in its benchmark gas market: The European Commission will propose an emergency price cap…
Planet Finance: Central banks are stuffing their mattresses with USDs
Central banks everywhere are stocking up on USD as they prepare to prop up their currencies: Central banks are letting…
The new hybrid work model: Flexetariats + ADQ’s Further Ventures is piling into tech investments
Meet the Flexetariat: Empowered employees with flexibility at core of their working identity. The pandemic has caused people to reevaluate…
Abu Dhabi’s Borouge soars in ADX debut following massive IPO
Borouge shares pop in trading debut: Abu Dhabi-based petrochemicals firm Borouge’s shares jumped as much as 24% in its trading…
THIS EVENING: The state plans to sell 25% of EGX-listed Egyptalum + ADQ is investing USD 10 bn in UAE-Egypt-Jordan industrial partnership
Good afternoon, folks. As we anticipated this morning, it’s shaping up to be a rather busy week for business news…
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