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Adia completes USD 733.4 mn investment in GMR Group + Mubadala makes another investment in biotech
The funds will be used to refinance GMR’s external debt
Adia invests in US wealth manager + agtech startup
Adia completed a USD 3 bn investment alongside PE firm Advent in Fisher Investments, and invested in agtech startup Inari
THIS MORNING: Deadline for acceptance of Adia consortium’s bid for Malaysia airports extended + Patent registration to get easier?
Plus: Abu Dhabi launches ADRA to streamline business registration
THIS MORNING: Adia’s acquisition of Malaysia airports deemed “reasonable” + New Year’s Day off for public, private sector
Plus: Sharjah greenlights 2025 budget
THIS MORNING: CBUAE cuts rates by 25 bps in line with the Fed + Adia hits USD 1 tn AUM milestone
Plus: UAE led the region in terms of IPO proceeds this year
Adia subsidiary sells its 69% stake in UK shopping center Liverpool ONE
The Abu Dhabi sovereign wealth fund had tapped JLL last year to find a buyer for its stake
THIS MORNING: More debt issuances from the UAE to come next year + Adia closer to acquiring stake in Haldiram?
Plus: The UAE’s consumer spending is expected to rise by 4.3% y-o-y in 2025
Masdar, Adia want to take Renew Energy private
The company is a leading renewable energy player in India, managing a clean energy portfolio of 10.3 GW
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