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UAE investor Soven 1 Holding to acquire Belarusian lender from Austria’s RBI
The transaction is expected to close sometime in 4Q 2024
Finance Ministry to hold dialogue with state-owned GCC firms next week + Adia still after DB Schenker
Plus: ADX is working on an Islamic index
PJT Partners to acquire Dubai’s deNovo
The transaction is expected to close in October
Adia, ESR offload stake in Australian logistics JV
Plus: BLS International acquires Dubai-based visa advisory firm Citizenship Invest
THIS MORNING: Adia consortium will not be acquiring DB Schenker + Alterra caps returns to lure more climate finance funds
Plus: Rental yields in Dubai and Abu Dhabi rise in 2Q
A chunk of IHC sold in block transaction on ADX
PLUS: The UAE set to get its first sustainable aviation hub
Mubadala buys into Revolut, as the fintech looks to expand operations in the UAE
Abu Dhabi sovereign wealth fund Mubadala acquired a stake in global neobank and fintech Revolut as part of the USD…
Mashreq offloads 65% stake in NeoPay
Mashreq to offload majority stake in Neopay: Our friends at Mashreq are selling 65% of their stake in payment subsidiary…
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