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MUBADALA NEWS
US stocks today: Dow posts closing record high, S&P 500, Nasdaq muted as AI rally pausesUS stocks ended mixed as the Dow hit a record closing high driven by healthcare and consumer gains, while tech and chip stocks lagged. Bank...
Iconiq, go-to wealth adviser for tech’s elite, is putting billions into AIIconiq is expanding aggressively into venture capital, investing billions in AI startups like Anthropic. Leveraging elite global networks, ...
Whoop raises $575 million at a $10 billion valuation on its way to an IPOWhoop, the maker of popular screenless fitness bands, is now valued at $10.1 billion after raising an additional $575 million, a new milest...
Mukesh Ambani's Reliance Jio in talks to offload individual investor stakes by 8% in upcoming IPO: ReportReliance Jio Platforms is in talks with 13 foreign investors, including Meta and Google, to sell down 8% of their individual stakes in an u...
Abu Dhabi's MGX could raise up to $25 billion for AI fund: ReportCompany executives are weighing raising money from financial and strategic investors in Abu Dhabi and beyond, but Mubadala Investment and A...
UAE becomes world's third-largest holder of sovereign wealth and public pension assetsThe United Arab Emirates now ranks third globally in total sovereign wealth and public pension assets, with a combined portfolio of USD 2.4...
Mubadala plans big deals in India's healthcare spaceAbu Dhabi's Mubadala Investment Company plans to expand in India's healthcare sector, seeking deals in the $200-500 million range. With a f...
Abu Dhabi targets $100 billion AUM for AI investment firmThe emirate on Monday unveiled the company called MGX, led by sovereign wealth fund Mubadala Investment Co. and AI firm G42 as foundational...
Mubadala aims to double exposure to Asia by end of the decadeAbu Dhabi is considering announcing investment pledges worth as much as $50 billion for India, Bloomberg News has reported, with deals unde...
Gautam Adani weighs $5 bn fundraise as banks urge deleveragingThe network of companies owned by Asia’s richest person has reportedly reached out to top officials at firms, including Mubadala Investment...
Mubadala-backed UAE firm sets up $10 billion fund for tech dealsThe new fund will be managed by a unit of G42 and target late-stage growth companies with disruptive technologies. It will operate as a pri...
Abu Dhabi's Mubadala is in talks to buy asset manager Fortress from SoftBankThe Abu Dhabi sovereign wealth fund is discussing a deal that would value Fortress at more than $1 billion. Mubadala has long been a SoftBa...
Abu Dhabi's Mubadala starts investing in crypto ecosystemThe rapid growth of cryptocurrencies and in particular stablecoins - digital assets pegged to traditional currencies - has caught the atten...
SoftBank backs Steven Mnuchin's $2.5 billion private equity fundThe fund, Liberty Strategic Capital, will be backed by SoftBank's $40 billion second Vision Fund and Abu Dhabi-based sovereign wealth fund ...
Abu Dhabi’s ADQ in talks to invest $500 million in FlipkartFlipkart is seeking to raise at least $3 billion and could decide to increase the amount to as much as $3.75 billion, as investors have sho...
Mubadala to invest Rs 6,247.5 crore in Reliance Retail for 1.4 per cent stakeThis marks the second significant investment by Mubadala in RIL subsidiary after the US $1.2 billion investment in Jio Platforms announced ...
Ambani puts Carlyle, SoftBank on waiting list for Reliance Retail stakesAmbani is tapping the backers of his digital services business, which has secured $20 billion in recent months, as he seeks funding for Rel...
RIL drops 1% as reports say Softbank, Carlyle investment on holdReports have claimed Reliance Retail is likely to go through a Jio-like investment round. Amazon, KKR and Saudi based funds are expected to...
SoftBank's second Vision Fund is starting life with a mere $2 billionSo far, it is unclear whether there are any outside investors in the second fund. The original Vision Fund was announced in October 2016, b...
India seeks UAE investment for modernising its rail network"We've had good meetings with Mubadala and the Abu Dhabi Investment Authority (ADIA)," Prabhu said, adding that he hoped these issues would...