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THIS MORNING: Paramount wraps up its Gulf-backed WBD takeover + IRH circles Irish titanium miner Kenmare Resources again
Plus: Is Adia thinking of backing ByteDance?
THIS MORNING: Debt spreads widen again + Is e& scaling back its expansion plans?
Plus: G42 mulls selling shares to US investors, WSJ reports
e& exits Vodafone in USD 5.95 bn stake sale
E& is selling its full 16% Vodafone holding to a Niel family-owned vehicle as it reshuffles its global portfolio
e& sells Careem stake to Uber and opens up a path for Uber to fully own Careem again
The acquisition comes almost three years after Careem spun out its super app operations into a separate unit, in which…
Mubadala makes container play, e& capital backs Magic Cube, Capital Group joins ADGM, progress on Dubai Loop
The moves ups Mubadala’s exposure to a sector moving 75% of international goods
Silicon Valley backs UAE fractional gold firm, Apex launches tokenization fund, and e& wraps up takeover in Slovakia
The O Gold app was integrated into Botim last year
The UAE’s 50 most valuable brands saw their value grow 17% y-o-y
Mashreq entered the top 10 list, while Abu Dhabi Commercial Bank overtook DP World for seventh place
Earnings in from NMDC, Aldar, e&, NCTH, DIB
The fallout from the war is continuing to trickle through
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