Abu Dhabi to Strengthen Egypt Ties With Deals Worth US $ 2 B
An Abu Dhabi wealth fund agreed with Egypt to invest about $2 billion by buying state-held stakes in some companies, including the country’s largest listed bank. Part of the agreement with ADQ involves it buying about 18% of Commercial International Bank, said the people who asked not to be identi
Abu Dhabi’s IHC Unit Raises $13.1 Billion From Direct Listing
Multiply Group, a subsidiary of Abu Dhabi’s International Holding Company, raised 48 billion Dirhams ($13.1 billion) in a direct share listing. Shares in the tech-focused holding company surged following the listing, closing at 2 dirhams apiece Sunday, 80% higher than the launch price of 1.11 Dirh