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e& sells Careem stake to Uber and opens up a path for Uber to fully own Careem again
The acquisition comes almost three years after Careem spun out its super app operations into a separate unit, in which…
Abu Dhabi government takes control of T10 cricket competition, plans to take it global
The move folds cricket into Abu Dhabi’s wider sports investment strategy, which has seen it build a portfolio around sports…
Mubadala capitalizes on US stock rally with USD 1.9 bn GlobalFoundries sale
The share sale came after the S&P 500 was up almost 20% from a March low
Select Group buys up resorts in the UK as UAE developers look West to diversify their income streams
Select Group acquired three UK golf resorts, expanding its growing hospitality portfolio in the market
Investcorp stays on US drive, AD Ports locks in Congo terminal buildout, Alpha Dhabi + Orascom partner on desalination
Investcorp’s latest US deployment was USD 200 mn in yet another US real estate portfolio
AD Ports heads deeper into Europe with EUR 70 mn acquisition
The transaction is expected to close before the end of the year
BlueFive acquires stakes across GCC ins. and mobility as it looks to consolidate fragmented sectors
BlueFive locked in a 42% stake in Saudi insurer GGI while separately acquiring a 49% stake in fleet-management firm Massar…
From procurement to propulsion: Edge buys into Italy’s CMD, as the UAE localizes more of the defense supply chain
The acquisition comes as the latest move from Edge as it looks to expand its defense capabilities amid a major…
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