Sunday 25 June 2017
 
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Mubadala eyes remaining 50pc stake in Viceroy Group

Abu-Dhabi based investment and development company Mubadala is hoping to finalize a deal to buy the remaining 50 per cent of the Viceroy Hotel Group "within a matter a days". The UAE firm is in talks with the US Departme

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Mubadala eyes remaining 50pc stake in Viceroy Group

Abu-Dhabi based investment and development company Mubadala is hoping to finalize a deal to buy the remaining 50 per cent of the Viceroy Hotel Group "within a matter a days". The UAE firm is in talks with the US Departme

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Fund led by Emaar chief Alabbar acquires JadoPado

A technology fund led by Dubai billionaire and Emaar Properties chairman Mohamed Alabbar has acquired UAE e-commerce and online marketplace website JadoPado, said a report. JadoPado's website was shut down earlier this month,

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Oman Air Employee Support Fund to be launched

Oman Air, the national carrier of Oman, has announced a new initiative launched for its employees, ‘Wings of Support’.   Suggested by an Oman Air staff, the initiative is an Employee Support Fund which offers and m

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Celebrity Cruises announces support for Malala Fund

Celebrity Cruises has announced a two-year partnership with Malala Fund, whose mission is to secure 12 years of safe, free quality education for every girl. Inspired by Malala’s mission and advances in furthering girl’

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Arqaam Capital launches global macro hedge fund

Arqaam Capital, a specialist emerging markets investment bank, has launched a global macro multi-asset fund as part of its growth-led strategy and diversification into the alternatives space. The Arqaam Global Macro Fund (AGMF) is

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Abu Dhabi fund backs Senegal road project

UAE-based Abu Dhabi Fund for Development (ADFD) said it has allocated Dh53 million ($15 million) towards funding of a 336-km-long National Road No 2 (Ndioum – Ourossogui – Bakel) project in Senegal. The National Road N

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Top ME Fund backs malaria eradication drive

The Lives and Livelihoods Fund (LLF), the largest multilateral development initiative based in the Middle East, has signed its first project – a $32 million financing agreement to support Senegal’s malaria eradication campaign.

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Qatar Holding invests $250m in India-based fund

ArthVeda Fund Management (AVFM), based in Mumbai (India), today announced that Qatar Holding (QH) has committed to invest $250 million in its affordable low and middle income (LMI) fund. The fund projects an internal rate of retur

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ADFC helps launch key Sudan power plant

Abu Dhabi Fund for Development (ADFD) has announced the official opening of a 320-MW hydroelectric power plant at the Upper Atbara and Setit Dam Complex’s in Eastern Sudan. The $1.9-billion complex consists of the Rumela Dam

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