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Adia doubles down on India’s ICICI Prudential, while Mubadala acquires a US building automation firm
Mubadala and Bain acquired Service Logic, a North Carolina-based HVAC and building automation firm
Indian tech firm Cyient acquires Abu Dhabi tech consulting firm in a push into the region. Plus: Adia backs ICICI Prudential
ADGCE mainly works with energy firms
THIS MORNING: Pax Silica Summit kicks off in the US with the UAE present + The Gulf is more involved in Paramount’s Warner Bros bid than meets the eye
Plus: Excise tax on sweetened beverages clarified
THIS MORNING: Abu Dhabi investor backs Paramount’s hostile bid for Warner Bros + Abu Dhabi gets fintech, insurance, digital assets cluster
Plus: Plenary sets up infrastructure investment platform in ADGM
THIS MORNING: Paramount’s Warner Bros. offer gets Adia backing? + Adnoc in talks to acquire Sefe’s trading unit
Plus: GCC aims to finalize joint air defense shield soon
THIS MORNING: Adnoc eyes USD 150 bn in capex until 2030 + Lunate to invest USD 1 bn in MGX?
Plus: Oracle deploys MENA’s first Blackwell-powered supercluster in Abu Dhabi
Adia wraps Ooreedoo stake sale
The transaction is set to have brought in roughly QAR 2 bn
Adia pulls trigger on partial Ooreedoo stake sale
The offering could raise up to USD 527 mn
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