The group is to use the proceeds for refinancing debt of its promoter group entity
Abu Dhabi Investment Authority
Abu Dhabi named world’s richest city for sovereign wealth funds with $1.7tn in assets
Abu Dhabi overtakes Oslo as the world’s richest city for sovereign wealth fund assets
ADIA-backed NIIF seeks $4bn for Indian infrastructure projects
The new fund would be much larger than the predecessor Master Fund that closed in December 2020 with $2.34 billion
Mubadala and Abu Dhabi Investment Authority join $8.3bn deal for Chinese mall giant
Mubadala and Abu Dhabi Investment Authority team up for $8.3bn China mall deal
Abu Dhabi’s Mubadala and ADIA announce new investments
Mubadala to become anchor investor in Blue Opal Capital’s second VC fund; ADIA increases its funding in London hedge firm Cheyne Capital
UAE and India meet to discuss $100bn trade target, SWF investments, start-ups, freezones and more
UAE and India hold high-level meetings to discuss further economic ties and investment opportunities
Abu Dhabi’s ADIA eyes $600mn stake in Reliance Retail: Report
The Abu Dhabi fund currently owns 1.2 percent stake in RRVL
India seeks investments from Abu Dhabi Investment Authority, Mubadala
The UAE is the seventh largest investor in India with an estimated investment of $18 billion
Abu Dhabi-based ADIA Lab to open European headquarters in Spain
The Lab will also launch five research programmes with Spanish universities and research institutions
Indian eyewear startup Lenskart raises $500 mn from ADIA
The venture will use the funds to scale its international presence in Asia and the Middle East, besides expanding its retail network in India
ADIA nears $500mn deal to acquire stake in Indian eyewear startup Lenskart
The deal, which would value the Indian eyewear startup Lenskart at more than $4 billion, may be announced as early as this week
Tata Motors lines up suitors from GCC for stake in EV business: Report
The company eyes raising up to $1 billion through the equity sale and will use the bulk of proceeds to retire a part of its outstanding debt
ADIA, Goldman Sachs, and Carlyle in talks to invest $350m in India’s TVS Motor’s EV arm: Report
If the deal takes place at this valuation, TVS Motor will become the most valuable two-wheeler EV company in the country
Top 10 biggest sovereign wealth funds in GCC
While China leads the list of the biggest sovereign wealth funds globally with over $1.22 trillion in assets, UAE tops the list in the GCC region
UAE’s ADIA to launch new data lab centre in December
The move is part of the nation’s efforts to boost research and development in the UAE
ADIA-owned hotel on Miami Beach could be sold for a record $580 million
The Abu Dhabi-based company purchased the luxury hotel as part of its three-property deal with Marriott in 2015 for $230 million
Abu Dhabi Investment Authority to invest in TMF Group: Sources
The Middle East sovereign wealth fund will take a minority stake in the company, sources told Bloomberg