The Adani group’s stock losses have narrowed to $14.7bn from about $33bn since the US indictments were levelled last week.
This substantial investment reflects GQG Partners’ confidence in both Alpha Dhabi and the ADX as a platform for high-quality, long-term investments
Gallega Global Logistics is known for its supply chain solutions across sectors such as automotive, industrial, FMCG, healthcare, and retail
Finstreet’s subsidiaries – Finstreet Global Market, Finstreet Global Clearing and Settlement, and Finstreet Capital – have received financial services permissions from ADGM’s FSRA
The newly formed global trading and trade facilitation company will cover trade finance, consulting, commodities exchange and trade insurance
The holding firm’s financial position is backed by its total assets of Dhs362.9bn as of June 30
The new company will provide comprehensive services and advanced solutions designed to accelerate trade volumes, attract foreign investment, and promote economic partnerships
ESG reported a substantial revenue increase to Dhs640m, representing an impressive 140 per cent year-on-year increase
Vedanta could sell up to 30 per cent of its shareholding in the Konkola assets
The holding company reported a year-on-year revenue hike of 22.5 per cent in Q1 2024, reaching a record Dhs19.3bn
By combining their expertise, EasyLease and United Trans aim to deliver a wider range of enhanced mobility solutions to customers across the GCC and MENA regions
International investors in Africa are in a race to acquire long-term supplies for critical minerals
Strategic portfolio expansion and key acquisitions led to an impressive 168 per cent and 202 per cent growth in the company’s assets and equity, respectively
Diversification into new sectors and strategic acquisitions fuelled growth, with preliminary net profit remaining strong at Dhs32.75bn
The acquisition strengthens Ghitha’s logistics and aviation, cementing its leadership in the regional food trading sector
The new management team has been brought on from Modon Properties as the group undergoes a restructuring since August last year
Abu Dhabi’s International Holding Company (IHC) has established a new holding company, 2PointZero, that will have more than Dhs100bn in assets.
This development follows last week’s announcement by IHC that it had entered a definitive agreement to sell its stake in AGEL and ATL
The conglomerate said its revenues surged by 30.8 per cent year-on-year to Dhs28.7bn as the company sustains its growth trajectory
The merger adds considerable weight to Aldar Estates, taking its portfolio of residential units under management to approximately 135,000
The conglomerate’s revenues surged by 78 per cent to Dhs50.9bn, driven by growth across all verticals and the company’s strategic acquisitions in 2022
The new investment manager aims to launch a series of multi-asset class funds to invest in private equity, venture capital, credit and public equities
The engineering firm announced that revenues grew by more than 365 per cent to Dhs617m in the year to 30 September compared with the same period in 2021
Colombia is the fourth global market which IHC has expanded its investment activities into this year after the UK, India, and Turkey
Through the launch of this new trading platform, International Securities is expected to double its customer base over the next 18 months
The acquisition will aim to continue to scale and diversify IHC’s investment in the healthcare sector locally and regionally
Kalyon Enerji is owned by the giant Turkish group Kalyon Holding, which operates in the construction, energy and aviation industries
Lucky Gas, Al Seer Marine’s first VLGC, is expected to be completed and delivered by March 2023, with work on the second VLGC scheduled to commence in May
In 2021, Multiply Group acquired stakes in UAE-based assets and international high growth firms such as Firefly, Savage X Fenty, Getty images and Viola
Abu Dhabi Health Services Company and The National Health Insurance Company will merge into Pure Health as part of the agreement