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THIS MORNING: Adia to participate Adani’s USD 2 bn share sale? + Dubai will be 90% cashless by 2026
Plus: Acelen bondholders are getting antsy as talks for a sale of the Mataripe refinery from Mubadala drag on
Abu Dhabi’s sovereign wealth capital makes it the richest city in the world
Dubai ranked fifth in the Mena region in SWF capital
THIS MORNING: First gaming license handed to Wynn Resorts for Marjan resort + Some teachers to get golden visas?
Plus: Cabinet approves new agriculture initiative
German ins. tech startup Wefox ends its dispute with stakeholder Mubadala
Mubadala led a round in 2022 that valued the startup at USD 4.5 bn
Aldar, Mubadala team up to manage, develop AED 30 bn real estate assets in Abu Dhabi
The properties include prime residential, commercial, retail, and logistics assets
Mubadala buys into Revolut, as the fintech looks to expand operations in the UAE
Abu Dhabi sovereign wealth fund Mubadala acquired a stake in global neobank and fintech Revolut as part of the USD…
Kayali Fragrance sale in the works as Huda Beauty mulls strategic move
The potential sale could fuel Huda Beauty’s buyout of TSG Consumer Partners' stake
Investcorp Capital’s first full-year earnings are out
The company approved the distribution of dividends amounting to USD 115 mn
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