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Lunate is now in charge of G42’s USD 10 bn investment fund
Lunate will hire a team to help manage the fund
Fitch affirms UAE’s FCY issuer default rating
Good morning, friends. It’s a moderately busy news morning as we wind down the workweek and run headlong into the…
IHC’s Sirius International Holding snags Derby Group ahead of IPO
IHC plans to list Sirius on the public market in 2025
Alpha Dhabi, Empower, Al Khaleej, and NCTH report 1Q 2024 earnings
More companies report 1Q earnings
IHC reports bottom line growth in 1Q 2024, plans AED 5 bn share buyback
The conglomerate attributed its robust growth in its real estate and marine and dredging segments
EasyLease and Apex report 1Q 2024 earnings
EasyLease’s total revenue stood at AED 97.4 mn, up 38.6% y-o-y
IHC takes 14.83% stake in Colombian food manufacturer + RPM closes Prometheus acquisition
IHC acquired 2.03% of the firm via a share swap agreement, and 12.38% through an open market offer
IHC arm has its eyes on another Zambia mine acquisition
International Resources Holding is offering USD 1 bn for a 51% stake in Konkola Copper Mines
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