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Adia, ESR offload stake in Australian logistics JV
Plus: BLS International acquires Dubai-based visa advisory firm Citizenship Invest
THIS MORNING: Adia consortium will not be acquiring DB Schenker + Alterra caps returns to lure more climate finance funds
Plus: Rental yields in Dubai and Abu Dhabi rise in 2Q
Adia offloads 50% stake in Policy Expert to PE firm
Adia remains a minority shareholder in the company
THIS MORNING: Burjeel added to FTSE indices + Chinese premier visits UAE this week
Plus: Adia-backed consortium sweetens bid for DB Schenker, asks for fair assessment
NMDC Energy closes AED 3.2 bn IPO with 31x oversubscription rate; shares start trading 11 September
Plus: GCC bank profitability looks good this year | Leon Black sets up family office outpost in ADGM
It’s the last day to subscribe to NMDC Energy’s ADX IPO
Plus: Adia and co-investors are selling a USD 1.2 bn stake in Swiss skincare outfit Galderma
Adia-backed consortium offers EUR 14 bn to take over DB Schenker
The CVC-led group offered EUR 16 bn for the German gov’t to reinvest in the company
ADGM’s registrations were up 31% in 1H 2024 + ADIA doubled down on Indian investments
Plus: FDI flows into Abu Dhabi’s real estate market more than doubled in 1H
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