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THIS MORNING: MGX comes back for OpenAI’s latest funding round + Mubadala eyes UK wealth management firm takeover
Plus: UAE inks a defence pact with France
THIS MORNING: Mubadala-backed GlobalFoundries lands Japan-funded New York chip plants + UAE pumps record oil volumes in September
Plus: UAE pumps record oil volumes in September
THIS MORNING: Mubadala says Man City saga won’t get in the way of UK investments + Adnoc L&S eyes a stake in Abu Dhabi offshore services firm
Plus: Emirates Islamic sukuk is 2.4x covered on day one
THIS MORNING: Mubadala eyes stake in Italian telecom giant + Softbank’s Masayoshi Son sounds out GCC investors for AI fund
Plus: Airtel Money shares slip on IPO debut
Mubadala’s USD 6.2 bn takeover of Clear Channel secures regulatory greenlight
The sovereign wealth fund is teaming up with TWG Global on the takeover
THIS MORNING: Mubadala eyes more Asia exposure + more The Boring Company projects could be in the pipeline
Plus: Sharjah looks to target more India FDI
Abu Dhabi's funds drove almost half of MENA sovereign dealmaking this year, led by Mubadala
Mubadala, L'imad, and Dubai Holding are all on track to beat their five-year averages
A Mubadala + Taraf plot new development, Eurazeo is in Abu Dhabi, more re-export room, Mashreq moves on tokenized deposits and Agrobank
Gulf money is flowing out to Europe and Uzbekistan, while Mashreq tests round-the-clock cross-border payments
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