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Mubadala puts more money behind Moove as it reaches USD 2.1 bn valuation
Moove plans to expand its AV workforce from 150 to 500 by year-end
Mubadala makes tokenization push with Kaio
Mubadala has teamed up with Kaio on a USD 75 mn fund
Mubadala-backed Clipway closes record secondaries fund + Mubadala eyes tier-one status for Strata
Clipway raised USD 6.4 bn for its Secondary Fund I, making it the largest debut platform of its kind
GFH makes USD 130 mn US exit, MGX + BlackRock finalize USD 40 bn takeover, Empower expands Dubai network, another Jaywan development
GFH is looking to expand its assets under management to USD 7.5 bn by year-end
Mubadala checks another box on its Pierre & Vacances buyout
Mubadala has now locked in commitments from shareholders representing 80.13% of the company’s outstanding share capital
THIS MORNING: A better-than-expected BoP last year + L’imad regroups for deployment
Plus: More bidders are eyeing Mubadala’s Brazil port and Dubai’s GDP was up 2.4% in 1Q
Mubadala turns its USD 25 bn credit book into an asset-management play
The Abu Dhabi wealth fund is handing management of the portfolio to Mubadala Capital while retaining ownership of the assets
THIS MORNING: Korea Inc. could get an Abu Dhabi base + Ajman Bank joins the AT1 party
ADCB updated customers that its main systems are back up and running after days of outages
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