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Mubadala wraps AED 3.2 bn du follow-on offering
This is the first fully-marketed secondary share offer in the UAE
Du kicks off follow-on offering as Mubadala’s Mamoura cuts stake
The transaction could see Mamoura raise up to AED 3.4 bn in proceeds
du taps Turner & Townsend for work on hyperscale data center
Plus: CBUAE gives preliminary nod to Ant International, Mantas
THIS MORNING: India’s Kotak receives SCA license, plans retail-focused funds in 4Q 2025 + IFZA in Panama?
Plus: UAE-based advisory firm to help Syria’s state-owned cement firm upgrade production
Du brings 5G advanced for the first time to the region
Plus: India's Omega Seki sets up EV assembly plant in Jafza
Du to roll out first Arabic LLM for telecoms sector + Laser Digital secures VARA’s first crypto derivatives license
ALSO: AD Ports opens office in Islamabad
Emirates NBD’s income falls, while Islamic arm delivers + Du has another strong quarter
Lower impairment reversals and a higher tax charge offset growth in core banking income
Du, Omantel activate 275-km subsea cable
Plus: Metro Blue Line project management contract goes to Parsons
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