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Mubadala closes Tubacex unit acquisition for USD 200 mn
The transaction value was raised from USD 150 mn
Adipec + UAE gov’t annual meetings kick off
Plus: Mubadala Capital mulls an investment in 9fin?
Masdar consortium reaches financial close on USD 1.5 bn Saudi tourism project
The funding comes from a mix of Emirati and Saudi lenders
THIS MORNING: ADGM proposes tightened banking regs + Ewec receives proposals for Khazna solar plant
Plus: S&P Global sees high single-digit growth for Islamic finance next year
Sharjah establishes energy council
The petroleum council is now the petroleum department
More earnings from Ghitha, NMDC, and Emirates Driving
NMDC and Ghitha’s net income rose, while Ghitha’s declined in 3Q 2024
THIS MORNING: UBS also sees GDP growing at more than 5% -CEO + Vietnamese PM in the UAE
Plus: Abu Dhabi’s crown prince is heading to Singapore tomorrow
One Developments unveiled AED 2 bn Laguna Residence
Plus: Abu Dhabi buildings will soon be safety-certified
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