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Dubai approves AED 40 bn PPPs
Good morning, friends, and happy FRIDAY. We have a pretty busy issue to close out a busy week of news, and…
It’s the first day of spring + RedBird IMI’s Telegraph takeover bid faces months-long probe
Good morning, wonderful people, and happy hump day. We have a busy, M&A-heavy issue for you this morning, so let’s…
Adnoc, BP put NewMed stake acquisition on hold + UK takes another step towards blocking RedBird IMI’s Telegraph takeover bid
The companies agreed to jointly acquire 50% of the Israeli energy company for nearly USD 2 bn last year
Barclay family secures a GBP 40 mn loan from IMI
IMI will take a seat on Very’s board
RedBird IMI to gain control over Barclay family’s UK assets as collateral
The investment group will hold the assets as security to the GBP 1.2 bn debt
Muslim Brotherhood trial + Battle in the UK parliament over UAE-backed Telegraph takeover
Some 84 individuals will be tried for plans to commit terrorist attacks
UAE in the News on 12 December 2023
Aside from the COP28 wrap-up, RedBird’s Telegraph takeover is still getting column inches around the world
UAE-backed Telegraph takeover + COP28 get ink
All eyes are turning towards Dubai in the runup to COP28
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