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We’re paying less at the pump this month, again
Plus: New regulations for social media ads take effect today
German Wefox rejects Mubadala’s sale offer
The proposed sale valued Wefox at EUR 550 mn
Ultratech is bidding for less of Rak White Cement
Ultratech Cement has previously submitted a partial conditional cash offer to acquire an additional 31% stake
Another ADX-Tadawul listing soon?
Plus: Mubadala mulls sale of Wefox
Stake raises USD 14 mn to expand to KSA + Elevate raises USD 5 mn
Aramco’s Wa’ed Ventures and Mubadala are among those who participated in the funding round
Mubadala-backed Zamp acquires rights to Starbucks brand, stores in Brazil + GFH gets shareholder nod to acquire Ithmaar Holding
The DFM-listed companies are continuing discussions for the acquisition
Network International becomes first to roll out Jaywan cards for merchants
Plus: Aman Group, Etihad Airways, Emirates, Etihad Rail, and others
Shuaa Capital appoints new COO and CCO + Mubadala taps senior private equity exec
The company also tapped Aarthi Chandrasekaran as head of asset management, and Mazen Farah as head of capital markets
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