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Opec+ steady on voluntary production cuts + Al Mal Capital plans to acquire a Dubai school soon
Good morning, lovely people. We’re nearing the end of a long week, but we get a long holiday next week…
GFH Partners invests USD 450 mn in US real estate
The investments were focused on medical clinics and student housing
Taaleem to invest AED 750 mn to build four schools in Dubai and Abu Dhabi
Each school will cost between AED 200-300 mn to build
ADIA earmarks USD 1 bn for Barclays, AGL private credit vehicle
The fund has over USD 2 bn of capital
Adnoc Gas earmarks USD 13 bn for local + int’l expansion
Adnoc Gas plans to double its production capacity by 2028
Mubadala, ADIA invest in Chinese mall unit
ADIA has been in talks to buy a minority stake in the mall operator as shareholders eyed an exit due…
Abu Dhabi development fund has spent a cumulative AED 216 bn in development funds as of 2023
The fund handed out AED 220 mn in concessional loans and AED 270.7 mn in development grants in 2023
Samana to invest AED 12.5 bn in Dubai this year
18 construction contracts will be awarded to construction firms
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