Food around the UAE: Six places to try on September 13

  Ladies, if you want an unrivaled night out with your BFFs, try Seven Sisters on the first level of the JW Marriott Marquis. There’s an enticing Ladies Night offer priced at Dh100 (7-10pm) and Dh120 (10pm-1am) for a dish from the Nikkei Fusion Menu as well as unlimited beverages for three hours. Expect a […]

Dubai’s Salik sets IPO offer price at $0.54

Dubai’s toll-gate operator Salik on Tuesday announced the final price for its IPO at AED2 ($0.54) per share, and could potentially raise AED3 billion in the float, an advertisement carried in the local media showed. The IPO, which opens for subscription today, will offer 1.5 billion shares, which represents 20% of the company’s equity capital. Salik, […]

Abu Dhabi fund ADQ is pivotal to emirate’s domestic and foreign agenda

ADQ, Abu Dhabi’s newest sovereign fund, has a remit to reshape the emirate’s economy and is key to the oil exporter’s diplomatic ambitions, according to industry experts. While the Abu Dhabi Investment Authority (ADIA) focuses almost exclusively on long-term financial returns, ADQ and Mubadala, another Abu Dhabi sovereign fund, have broader objectives, according to Steffen […]

Mubadala raises price to acquire control of Brazil’s Burger King brand owner

SAO PAULO – Brazil’s Zamp SA said on Monday that Mubadala Capital LLC raised the price of a tender offer to acquire control of the company to 1.03 billion reais ($200.91 million). Mubadala’s new offer is for 8.31 reais ($1.62) per share, from the previous price of 7.55 reais per share, which had prompted the board […]