Abu Dhabi royal-backed firms to merge in region’s first SPAC deal
Dubai (Reuters) – ADC Acquisition Corporation (ADC.AD), a blank-cheque company backed by a prominent Abu Dhabi royal, has agreed to acquire
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united arab emirates
UAE’s total revenue rose 32% in 2022
Dubai (Reuters) – The United Arab Emirates (UAE) saw revenue increase 31.8% in revenue in 2022, its finance minister said
Read MoreAbu Dhabi’s Chimera, partners launch alt investor Lunate with over $50 bln AUM
Dubai (Reuters) – Lunate, a newly set up Abu Dhabi-based alternative investment manager, said on Thursday it was launching with
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India’s Reliance Retail in $1.5 bln Gulf, Singapore funds talks -sources
Mumbai/New Delhi/Dubai (Reuters) – India’s Reliance Retail is in talks with existing investors including the sovereign wealth funds of Singapore,
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Abu Dhabi’s Mubadala commits $1 billion to Blue Owl Capital’s credit platform
Dubai (Reuters) – Abu Dhabi state fund Mubadala Investment Company has committed $1 billion to U.S.-based Blue Owl Capital’s credit
Read MoreHelicopter crashed into sea off Dubai, search for crew underway -UAE regulator
Dubai (Reuters) – An AeroGulf helicopter crashed into the sea on Thursday evening and a search is underway for its
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UAE’s G42 launches open source Arabic language AI model
Dubai (Reuters) – A group of engineers, researchers and a Silicon Valley-based chip company collaborated to release advanced Arabic language
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Dubai’s DP World to invest $510 million in India’s Gujarat state
New Delhi (Reuters) – Dubai-owned ports giant DP World [RIC:RIC:DPWRD.UL] will invest around $510 million to build a new container
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Taliban stopped 100 women flying to Dubai for university scholarships, UAE billionaire says
(Reuters) – The head of a Dubai-based conglomerate on Wednesday said Afghanistan’s Taliban authorities had stopped around 100 women from
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Abu Dhabi wealth fund puts $450 mln more into Australian private credit fund
Sydney (Reuters) – Abu Dhabi’s sovereign wealth fund, one of the world’s largest, will double its investment in an Australian
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