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THIS MORNING: Taqa eyes acquisitions in the US + Bin Butti joins race for Italian refiner IP
Plus: Has the CBUAE scrapped banks’ minimum balance hike?
ADIA closes reported USD 1 bn Qlik acquisition
Plus: More firms join DIFC, ADGM
THIS MORNING: Etihad Airways “ready” for an IPO but does not need the cash, CEO says + Adia eyes sale of 50% stake in IFCO
Plus: UAE, Saudi Arabia in talks with Korean arms contractor
ADIA buys more shares in Jefferies Credit Partners
Platinum Falcon purchased 344k common shares at USD 14.5 apiece
ADIA picks up 5% of India’s IDFC First
The move will see IDFC issue compulsorily convertible preference shares to ADIA
Dubai awards AED 1.4 bn contracts for four major drainage projects
Plus: Masdar expands its solar projects in Indonesia
Adia buys stake in Swedish ERP firm IFS
The transaction values IFS at over EUR 15 bn
ADIA set to fully divest from German gas transmission operator for EUR 920 mn
Italy’s Snam is buying in
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