The Business Times

Abu Dhabi

Lifestyle

McLaren F1 team valued at more than £3 billion in stake sale: sources

Adia has been an investor in GLP’s funds, but it is the first time the largest sovereign wealth fund of the UAE will become a shareholder in the group.
Transport & Logistics

GLP secures up to US$1.5 billion investment from Adia unit

The wealth influx is driving yet another year of gains in Dubai’s luxury property prices, while providing new money for its burgeoning hedge-fund industry.
Global Enterprise

World’s rich ignore Middle East strife to bet on Dubai and Abu Dhabi

Under the partnership, Mubadala was to match every US dollar that BlackRock agreed to put in.
Global Enterprise

BlackRock, Mubadala unwind partnership for Asia private credit: sources

The Iran-Israel confrontation, which involved the US, poses one of the most stringent tests yet to UAE’s neutral and open-for-business stance.
Global Enterprise

Dubai and Abu Dhabi’s haven status tested by Middle East crisis

Santos has been a rumoured takeover target for more than two years, according to a report by E&P Financial Group.
Energy & Commodities

Abu Dhabi state oil firm makes US$18.7 billion bid for Australia’s Santos

Demand for Dubai property has boomed since 2020 as the government’s handling of the pandemic and its liberal visa policies attracted scores of foreign buyers.
Property

Brookfield, Lunate earmark US$1 billion for Mideast real estate

Initially distributed on the Ethereum and Binance Smart Chain (BSC) blockchains, USD1 will also be integrated on the Tron network in future, World Liberty Financial co-founder Zach Witkoff said.
Banking & Finance

Trump-linked stablecoin used for Abu Dhabi’s US$2 billion Binance deal

The stablecoin will be issued by the FAB.
Banking & Finance

Three Abu Dhabi giants plan stablecoin backed by UAE’s currency

While various options are being discussed, I Squared may primarily be interested in EdgePoint’s assets in Malaysia and the Philippines.
Telcos, Media & Tech

I Squared eyes DigitalBridge towers in South-east Asia: source

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