ABU DHABI / WAM Mubadala Capital, the financial investment arm of Mubadala Development Company, on Thursday announced a transaction with Ardian, the independent private investment company. Ardian has committed US$2.5 billion to the transaction through a secondary/primary structure. The secondary component involves Ardian acquiring an interest in an existing Mubadala Capital managed private equity portfolio. The primary component involves …

  ABU DHABI / WAM Cityscape Abu Dhabi 2017, the region’s premier real estate forum, has drawn a large number of property developers who displayed a series of products for middle-income segments that secured a massive turnout over the three-day event, concluding today in the UAE capital. Up to 100 companies from around 13 world countries are showcasing in excess …

  ABU DHABI / WAM Abu Dhabi National Energy Co. (TAQA), is generating cash from overseas oil and natural gas operations and plans to sell some higher-cost wells in North America, according to Bloomberg. After a two-year programme to cut expenses, Taqa’s oil and gas businesses in North America and Europe are “cash-flow positive,” Saeed Hamad Al Dhaheri, TAQA Acting …