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Mubadala

Mubadala-Backed Fortress Sees Assets Doubling to $100 Billion

Fortress Investment Group, supported by Mubadala Investment Company, has announced a significant milestone, with its assets under management soaring to $100 billion. This remarkable growth underscores Fortress’s expanding influence in the global financial landscape and its evolving role in various market sectors. Fortress, a prominent player in alternative investments, has achieved this doubling of assets through a combination of strategic acquisitions, strong performance in its investment portfolios, […]

Goldman Sachs Expands Focus to Middle East Investment Opportunities

Arabian Post Staff -Dubai Goldman Sachs is ramping up its investment strategies targeting the Middle East, following similar moves by its competitors. This strategic shift aims to capitalize on the burgeoning opportunities in the Gulf region, which has seen significant economic growth and investment potential in recent years. Goldman Sachs plans to introduce new strategies allowing the firm and its high-net-worth clients to invest in the Gulf’s […]

UAE’s Mubadala, QIA Lead $600M Investment in US Trailer Lessor TEN

Arabian Post Staff -Dubai UAE-based Mubadala Investment Company and Qatar Investment Authority (QIA) have jointly announced a substantial $600 million investment in Trailer Leasing Enterprises, LLC (TEN), a prominent player in the US trailer leasing market. This strategic infusion of capital marks a notable milestone for TEN, which specializes in leasing a diverse fleet of trailers to logistics and transportation companies across the United States. Founded with […]

Presidents of UAE and Indonesia Reinforce Strategic Partnership

The presidents of the United Arab Emirates (UAE) and Indonesia, His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Excellency Joko Widodo, held a productive phone call on February 21, 2024. The discussion centered on strengthening the strategic partnership between the two nations, with a particular focus on economic and investment cooperation that fosters sustainable development for both countries. President Sheikh Mohamed extended his congratulations to […]

Abu Dhabi Bolsters Local Market with $5. 3 Billion Bond Listing

Arabian Post Staff -Dubai The Abu Dhabi government has announced the listing of $5 billion worth of bonds on the Abu Dhabi Securities Exchange (ADX), a move designed to strengthen the emirate’s financial market and attract new investment. The bond issuance will be divided into three tranches, with the listing process commencing on June 21st. This initiative aligns with Abu Dhabi’s broader economic goals of diversification and […]

Emirates Global Aluminium Flexes Muscle with Green Loan-Financed Acquisition

Emirates Global Aluminium (EGA), a titan of UAE industry outside the oil and gas sector, has taken a significant step towards its sustainability goals. The company announced that its recent acquisition of Leichtmetall, a European specialty foundry, was financed entirely through its first-ever green loan facility. Financial details of the acquisition remain undisclosed, but the innovative use of green financing underscores EGA’s commitment to environmental responsibility. Leichtmetall’s […]

Dubai becomes the world metropolis for artificial intelligence

One million people will be trained with AI within three years By 2031, 40% of GDP is to be generated with AI Global giants such as Microsoft, Google, and IBM are at the start DUBAI, UAE – Newsaktuell – 14 June 2024 – Dubai is increasingly becoming a global center for artificial intelligence. To this end, the metropolis of the day after tomorrow on the Gulf has […]

Emirates Global Aluminium Flexes Sustainability Muscle with Green Loan-Financed Acquisition

Emirates Global Aluminium (EGA), a titan of UAE industry outside the oil and gas sector, has taken a significant step towards its sustainability goals. The company announced that its recent acquisition of Leichtmetall, a European specialty foundry, was financed entirely through its first-ever green loan facility. Financial details of the acquisition remain undisclosed, but the innovative use of green financing underscores EGA’s commitment to environmental responsibility. Leichtmetall’s […]

Dubai PropTech Startup Stake Secures $14 Million Funding Boost

Dubai-based property technology (PropTech) company Stake has secured $14 million in a Series A funding round. The investment, led by Middle East Venture Partners (MEVP), a prominent UAE venture capital firm, signifies growing confidence in the future of fractional real estate ownership facilitated by digital platforms. Stake’s funding round attracted a diverse group of investors. Mubadala Investment Company, the sovereign wealth fund of Abu Dhabi, participated alongside […]

Mubadala Energy Strikes Big in Indonesia with Second Gas Discovery

Energy company Mubadala Energy has scored another significant win offshore Indonesia, announcing a major gas discovery at the Tangkulo-1 exploration well. This find comes just months after the company’s success at the Layaran-1 well in the same region, solidifying the South Andaman Block as a key player in Southeast Asia’s energy scene. The Tangkulo-1 well, drilled to a depth of 3, 400 meters in 1, 200 meters […]

Dubai Exchange Targets Lucrative Private Debt Market

Arabian Post Staff – Dubai’s financial center is aiming to grab a slice of the massive private credit market with the launch of a new platform. The Dubai Financial Market (DFM) is setting its sights on the $1. 7 trillion global pool of private debt, hoping to make it easier for local companies to secure funding and for investors to access these alternative investments. This new platform, […]

Dubai Flair Comes to Budapest As UAE Inks $5.5 Billion Deal for Glitzy Hub

  The United Arab Emirates (UAE) and Hungary signed a hefty $5.5 billion deal this week, paving the way for a luxurious “Dubai-style” hub to rise in Budapest. This ambitious project has some residents excited about potential growth, while others voice concerns about its impact on the historic Hungarian capital. The deal involves Mubadala, a sovereign wealth fund from Abu Dhabi, injecting funds into a neglected area […]

Mubadala joins US VC firm as anchor investor in new fund

Abu Dhabi’s Mubadala Investment Company has partnered with Blue Opal Capital, a US venture capital firm specializing in investing in other venture capital funds (fund-of-funds). This strategic alliance positions Mubadala as the anchor investor for Blue Opal’s second venture capital fund, Ventures Fund II. The partnership allows Mubadala to gain indirect exposure to a diversified portfolio of US startups. Blue Opal Capital focuses on identifying and investing […]

M42 Unveils Personalized Microbiome Program for Optimal Gut Health

M42, a leading global health-tech company headquartered in Abu Dhabi, has taken a significant step towards revolutionizing gut health with the launch of its innovative Microbiome Wellness Program. This groundbreaking initiative leverages the power of cutting-edge DNA sequencing technology to provide individuals with personalized insights into their gut microbiome and, consequently, craft tailored plans for enhanced well-being. The program, currently offered at Mubadala Health Dubai, exemplifies M42’s […]

Abu Dhabi Poised for a Sporting Upgrade

The Abu Dhabi Entertainment Company (ADEC) has unveiled a collaborative effort to elevate the emirate’s sporting infrastructure. The initiative, announced on March 8th, 2024, signifies a commitment to fostering a more vibrant sporting community within Abu Dhabi. This ambitious project will see ADEC join forces with Sanad, Strata Manufacturing, and Solutions+. Sanad, a prominent Emirati defense and security solutions provider, brings its dedication to community empowerment through […]

Abu Dhabi National Oil Company (Adnoc) Finalizes Acquisition in OMV

The Abu Dhabi National Oil Company (Adnoc) announced the successful completion of its acquisition of a 24.9% stake in OMV AG, a global energy and chemicals company headquartered in Vienna, Austria. The acquisition, finalized on February 29, 2024, was purchased from Mubadala Investment Company, a sovereign wealth fund based in the United Arab Emirates. This strategic move aligns with Adnoc’s ambitions to expand its footprint in the […]

Mubadala, Saudi Fund deals on US radar for potential China angle

K Raveendran The increasing engagement by Gulf countries with China is raising eyebrows in Washington, with reports suggesting indicating that Committee on Foreign Investment in the United States (CFIUS) is reviewing several multibillion-dollar deals entered into by Gulf sovereign wealth funds, particularly the UAE’s Mubadala and the Saudi Public Investment Fund. Bloomberg reported the other day that officials in President Joe Biden’s cabinet are currently reviewing more […]

Plans for Dubai, Abu Dhabi electric air taxi by 2026

Arabian Post Staff Archer Aviation Inc., a leader in electric vertical takeoff and landing (eVTOL) aircraft, announced that it has entered into an agreement with Abu Dhabi Investment Office (ADIO) to commence air taxi operations in Abu Dhabi  and Dubai in 2026. As part of this strategic initiative, ADIO plans to support Archer with incentives for establishing its first international headquarters and manufacturing facilities in the Smart […]

BRICS Expansion Creates A Global Super Power In Renewable Energy

By K Raveendran The planned expansion of the BRICS bloc, through the addition of new members Saudi Arabia, Iran, United Arab Emirates (UAE), Egypt, Ethiopia and Argentina, will transform the grouping into a global leader in renewable energy in the coming decades. The six new members will join the BRICS group of Brazil, Russia, India, […]

The post BRICS Expansion Creates A Global Super Power In Renewable Energy first appeared on Latest India news, analysis and reports on IPA Newspack.

Game-changing community initiative unveiled ahead of Mubadala Abu Dhabi Open

NYU Abu Dhabi & Mubadala ink MoU to expand collaboration

NYU Abu Dhabi, Mubadala to pursue new collaboration opportunities

Abu Dhabi’s Yahsat posts $205m in half-year revenue

UAE finish IMMAF Youth World Championships Campaign with historic 12 Medals