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THIS MORNING: Wood Group’s shareholders approve Sidara acquisition + Space sector strategy for private sector coming?
Plus: New 2PointZero entity eyes earnings jump next year
Adia considers selling down Ooreedoo stake
PLUS: DP World in talks to build dry port in Egypt
Adia + Landmark sell their US student housing portfolio for over USD 1 bn
The portfolio was acquired by a partnership of Morgan Stanley Investment Management and Global Student Accommodation
Adia backs yet another Indian IPO
The sovereign wealth fund snapped up a 5.75% stake for INR 750 mn (USD 31.1 mn)
Adia buys into India-based RBL Bank, ahead of Emirates NBD’s open offer for the Indian bank’s public share + sells stake in Singapore’s PLQ Mall
Adia bought the undisclosed stake at INR 320.7 per share
Waha Capital pockets USD 119 from Optasia exit + Adia divests stake in Ayvens as part of a consortium
The sale came as the company floated a stake on the JSE, raising ZAR 6.5 bn
Adia backs the IPO of Indian digital stockbroker Groww
Adia backs Groww’s USD 754 mn IPO: The Abu DhabiInvestment Authority (ADIA), along with several other sovereign wealth funds including…
THIS MORNING: Abu Dhabi to invest up to USD 2 bn in India’s logistics sector + CBUAE cuts interest rates by 25 bps
Plus: Dubai’s hotel market occupancy is projected to reach 81% in 2025
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