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Adia doubles down on India’s ICICI Prudential, while Mubadala acquires a US building automation firm
Mubadala and Bain acquired Service Logic, a North Carolina-based HVAC and building automation firm
THIS MORNING: Mubadala eyes Brazil’s Will Bank + Adnoc top bidder for Russian stake in Serbian Oil Industry?
Plus: Emirates NBD sees the UAE’s GDP growing 4.6% in 2026
Mubadala, Aldar plan AED 60+ bn expansion of Al Maryah Island
Abu Dhabi’s push to scale ADGM comes amid record demand for financial-grade office space
Dubai Airshow wraps up with plenty of agreements to boost eVTOl, manufacturing, and defense sectors
A local eVTOL player gets a boost + Strata inks another Airbus manufacturing agreement
Dubai Airshow day 2 wrap-up: Etihad, flydubai lock in Airbus orders + Emirates eyes new manufacturing facility, Strata plans engine part manufacturing
More agreements incoming from Dubai Airshow
Mubadala acquires a majority stake in the Spanish university UAX alongside other investors
Civen and UAX’s founder Jesús Núñez participated in the acquisition
Mubadala Capital leads USD 1.4 bn Series E funding round in Crusoe + backs USD 55 mn fund
The company will use the funding to expand its operations and hire additional staff
Emirates Growth Fund appoints new CEO
Khalifa Al Hajeri was previously Mubadala’s senior principal for growth investments
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