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ADX-listed Agility sells its stake in Dubai’s Tristar to India’s Aegis
Aegis will acquire Agility’s 65.12% stake for up to USD 581 mn as part of the wider acquisition
THIS MORNING: Mubadala says Man City saga won’t get in the way of UK investments + Adnoc L&S eyes a stake in Abu Dhabi offshore services firm
Plus: Emirates Islamic sukuk is 2.4x covered on day one
Mubadala’s USD 6.2 bn takeover of Clear Channel secures regulatory greenlight
The sovereign wealth fund is teaming up with TWG Global on the takeover
BlueFive Capital buys into Indonesian shariah fund manager Majoris
The acquisition gives BlueFive a direct line to 700k Indonesian retail investors
THIS MORNING: Paramount wraps up its Gulf-backed WBD takeover + IRH circles Irish titanium miner Kenmare Resources again
Plus: Is Adia thinking of backing ByteDance?
Neopay buys into noon payments to fuel regional expansion
A 65% stake in noon payments gives the Dubai-based payments firm a launchpad into Saudi Arabia and Egypt
Overseas moves from logistics players, more AED for public transport and Dubai CommerCity, CBUAE pushes on regional collaboration
DP World opened a 10k sqm distribution center in Bang Na, Thailand, expanding its Southeast Asian warehouse network across Malaysia…
THIS MORNING: Iranian flights suspended + MGX-backed consortium eyes another data center portfolio, Mubadala eyes stake in Italian turbine maker
Plus: UAE, Argentina launch separate CEPA track as Mercosur talks continue
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