BusinessLatest Business and Company Updates
Mubadala deepens Indonesia gas foothold
Mubadala Energy has tightened its grip on one of Southeast Asia’s most closely watched offshore gas provinces after winning the Southwest Andaman exploration Production Sharing Contract in Indonesia, a move that extends the Abu Dhabi-based company’s push to build scale in the country’s Andaman basin. The block was awarded by
Region
Bain Capital deepens Abu Dhabi push
Bain Capital has opened an office in Abu Dhabi Global Market, expanding its Middle East presence as the private investment firm seeks closer ties with regional investors, broader support for portfolio companies and a stronger position in sectors that match
Habtoor doubles down on Dubai skyline
Al Habtoor Group said on 9 April it will invest more than AED 5 billion in a new commercial tower at Al Habtoor City on Sheikh Zayed Road, a move that adds fresh weight to Dubai’s office-led development pipeline at
Meta drops VR focus for Horizon Worlds
Meta Platforms is preparing to shut down the virtual reality version of Horizon Worlds by June, signalling a strategic shift toward mobile platforms as the company recalibrates its ambitions in immersive social experiences.The decision marks a notable retreat from one
