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Wizz Air cancels all flights to and from UAE on ThursdayWizz Air Abu Dhabi announced the cancellation of all its flights to and from the United Arab Emirates scheduled for Thursday.- Abu Dhabi's ADQ to acquire minority stake in Sotheby's in $1 bln dealADQ, Abu Dhabi's third biggest sovereign wealth fund, has acquired a minority stake in Sotheby's for $1 billion. Patrick Drahi, the majorit...
- Abu Dhabi's ADQ to acquire minority stake in Sotheby's in $1 bln dealDrahi, a Franco-Israeli billionaire, would invest additional capital alongside the fund, maintaining his majority ownership. The total inve...
- Abu Dhabi's ADQ manages $157 billion assets: Global SWFThe smallest of Abu Dhabi's three main sovereign wealth funds, ADQ has emerged as one of the region's most active dealmakers, and Global SW...
- 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 Borouge's $2 billion IPO set to be ADX's biggestGulf issuers have raised more than $10 billion from IPOs so far this year, Refinitiv data shows, exceeding European flotations even as glob...
- Abu Dhabi-based Borouge sets IPO price, gets seven cornerstone investorsThe Abu Dhabi National Oil Company and Borealis' joint venture set the IPO price at 2.45 dirhams ($0.67) a share, which implies an equity v...
- 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...
- Abu Dhabi's ADQ offers to combine exhibitions company with ADNHThe combination would "create one of the largest hospitality, events, and catering powerhouses in the region," the holding company said in ...
- Abu Dhabi Ports hires banks for dollar bondsCiti, First Abu Dhabi Bank and Standard Chartered will act as joint global coordinators. HSBC , Mizuho, Societe Generale, BNP Paribas, Cred...
- Abu Dhabi's ADQ lines up banks for $1 billion Louis Dreyfus acquisition loan, say sourcesADQ said in November it had signed an agreement to acquire an indirect 45% equity stake in LDC, in what would be the first outside investme...
- Abu Dhabi plans three-pronged Abu Dhabi Hydrogen Alliance to export hydrogen for fuelSo-called green hydrogen, created by splitting water into its two components using electricity from renewable energy sources, is increasing...
- Wizz Air's Abu Dhabi venture expects to add Gulf routes soon'Wizz Air Abu Dhabi', a joint venture between Wizz Air and Abu Dhabi state holding company ADQ, starts operations on Friday with an inaugur...
- Biocon gains 2% as arm receives Rs 555 crore equity investment from ADQKiran Mazumdar-Shaw, Executive Chairperson at Biocon in a company filing to BSE said, "We welcome ADQ as our investment partner as we pursu...
- Biocon Biologics approves primary equity investment by ADQ worth Rs 555 croreAs per the terms of the proposed agreement, ADQ will invest Rs 555 Crore for a 1.80 per cent minority stake in the biosimilar business, val...
- Abu Dhabi's ADQ eyes around $1 billion loan to back Louis Dreyfus deal: SourcesADQ said last week it had signed an agreement to acquire an indirect 45% equity stake in LDC, in what would be the first outside investment...
- Louis Dreyfus to sell 45% stake to Abu Dhabi wealth fundLouis Dreyfus Company, a family-owned commodities trading giant, reached the deal to sell an indirect equity stake to Abu Dhabi's ADQ, one ...
- Abu Dhabi's ADQ to invest $1 billion to help retailer Lulu expand in EgyptADQ and Lulu will work to develop up to 30 hypermarkets and 100 express mini-market stores, as well as logistics hubs, distribution and ful...
- Abu Dhabi Pension Fund, ADQ to invest $2.1 billion in ADNOC gas assetsADQ, which was established in 2018, owns assets such as Abu Dhabi Ports, Abu Dhabi Airport and bourse operator ADX.
- Alpha Wave Incubation - backed by Abu Dhabi’s ADQ - sets India team, closes five dealsThe $300 million fund backs founders from India and Southeast Asia with a clause to set up a second base in Abu Dhabi to promote technology...
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