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THIS MORNING: Botswana in talks with UAE, Oman over diamond producer takeover + Barakah nuclear plant could be in for more protection
Both countries would back Botswana in making a play for De Beers
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…
THIS MORNING: Petrofac sells UAE unit to US, UK players + Alec clinches construction contract for The Sphere
Plus: Both IHC and Alabbar are eyeing struggling IFFCO
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
Dubai’s Averi targets Johannesburg listing through South African reverse takeover
The firm is weighing a reverse takeover of South Africa’s Mantengu as it targets USD 1 bn in revenues and…
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
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