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BHM Capital’s shareholders authorize Al Waqan acquisition. Plus: IPO of real estate unit next year?
The financial services firm will boost its capital to AED 5.02 bn
Mubadala snaps up UCB’s neurology, allergy business in China for USD 680 mn
Mubadala aims to grow Chinese UCB’s central nervous system offerings
TJ Maxx and Marshalls owner to acquire 35% stake in Dubai’s Brands for Less
The transaction is valued at USD 360 mn, and expected to close later this year
THIS MORNING: AD Ports close to finalizing Izmir Port acquisition? + Gov’t launches 3Q clean energy certificated auction
Plus: RedBird IMI narrows down shortlist for Telegraph and Spectator acquisition
GulfNav’s Brooge acquisition could take place this month
PLUS: ICV program has redirected over AED 48 bn to the economy in 1H 2024
Wynn Resorts invests USD 514.4 mn to date in Marjan gaming resort + earmarks land for future development
Wynn Resorts invested USD 356.5 mn in its 40%-owned joint venture with Marjan and RAK Hospitality in 2Q 2024.
THIS MORNING: Adia eyes stake in Vodafone Idea? + Flying taxis could come earlier than expected
Plus: Oil tankers flying Eswatini’s flag banned from arriving at Emirati ports
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