The transaction, subject to regulatory approvals, would be on a cash-free, and debt-free, excluding transaction fees and expenses
This substantial investment reflects GQG Partners’ confidence in both Alpha Dhabi and the ADX as a platform for high-quality, long-term investments
Despite a decrease in total gains to Dhs2bn, attributed to the de-recognition of PureHealth in 2023 and the adoption of corporate tax in the UAE, the group’s overall net profit remained strong
Prior to the deal, Gordon Technologies, based in Louisiana, was primarily owned by Houston-based private equity firm Pelican Energy Partners
The $180m equity stake marks the initial strategic investment by Alpha Dhabi in the venture
Alpha Dhabi’s foray is aimed at driving impactful change in the circular economy sector and its broader vision of sustainable growth
Nammos has confirmed that its first hotel opening will take place as soon as this summer on the Psarou beach in Mykonos
The company brought in Dhs162.6m in revenue in H1 2022, compared to the Dhs70.1m it made last year
As a long-term strategic shareholder, Alpha Dhabi will continue to support Aldar’s management team as they execute its growth agenda
The Alpha Dhabi subsidiary will build solar photovoltaic power generation plants in Libya and sell the net delivered energy to the Libyan government
IHC has previously acquired stakes in SpaceX through a private equity fund
The investment has been made through its subsidiary Alpha Dhabi Partners Holding
Alpha Dhabi traded as high as Dhs20 in a direct listing