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Mubadala Investment trims GlobalFoundries stake by 4.1% in 3Q 2024
ALSO- Irish-US VC firm Continuous Ventures agreed to support the NextGen FDI initiative
THIS MORNING: Pollution-charging system coming? + Nutrition labels to become mandatory on food packaging in Abu Dhabi in 2025
Plus: DFM hits another decade high
THIS MORNING: Investigations launched into the murder of Israeli rabbi + Adnoc hints at secondary share sale for Adnoc Gas
Plus: UBS sees the UAE’s non-oil GDP growing 4.7% this year
More attention turns to the UAE’s USD 1 tn stock market + Dubai’s tourism appeal + Denizbank’s CEO’s indictment
Increasing the freefloat of gov’t-owned stocks “could help attract more international money”
GCC financial authorities greenlight fund passporting framework for 2025
The framework is set to be implemented early next year
Rothschild opens Dubai wealth management office
The office will focus on serving ultra-high-net-worth families
Talabat IPO fully covered on day one
The company is on track to raise up to USD 1.5 bn
Dubai Holding mulls IPOs for commercial and residential property units
The IPOs are expected to take place next year
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