Abu Dhabi’s entertainment arm takes 10% stake in UFC
Wednesday, January 13th, 2010 Posted in JVs, Regional News, SWF | No Comments »Zuffla LLC's Ultimate Fighting Championship (UFC) is potentially a billion dollar-plus company, based on reported prior buyout offers of similar amounts. Abu Dhabi's 10% stake thus, while undisclosed, could be upwards of $100 million. UFC is the largest grossing PPV ...
Qatar wasting no time deploying capital, linking people and goods
Monday, November 23rd, 2009 Posted in Economy, JVs, Regional News | No Comments »A $25B joint venture was announced earlier today between Qatari Diar Real Estate Investment Co. and Deutsche Bahn AG, to build a railway system in the very liquid Gulf state of Qatar -- the world's largest producer of liquefied natural ...
Aeropostale opens in Dubai, the perfect platform
Wednesday, April 1st, 2009 Posted in JVs, Retail | No Comments »Aeropostale, the $1.8B (market cap; $1.6B annual sales) NY-headquartered teen retailer announced yesterday that it opened its first store in Dubai. In an earnings conference call last August when Aeropostale announced its plans to pursue Dubai, CEO Julian Geiger stated ...
Pay Less for Shoes? Stores Open in Kuwait, Saudi Arabia
Tuesday, March 31st, 2009 Posted in JVs, Retail | No Comments »Payless ShoeSource, the American retail footwear company, has opened stores in Kuwait and Saudi Arabia, reports Forbes. In a deal with M.H. Alshaya Co., which will support Payless's expansion into the Middle East with construction and staffing, the company has achieved ...
ATIC chunks down for AMD foundry while Mubadala doubles down
Tuesday, October 7th, 2008 Posted in JVs, SWF | No Comments »Liquid Abu Dhabi investors to chip-maker AMD's rescue. The cost: $700M and $1.2B in assumed debt for Advanced Technology Investment Co. (ATIC) to acquire a sizable chunk in the JV (Foundry Co). ATIC is also said to have a ...
GE, Abu Dhabi Announce $8B JV — Reuters
Tuesday, July 22nd, 2008 Posted in JVs, SWF | No Comments »General Electric shares may have short circuited after the company's surprising earnings miss earlier this year. HOWEVER, Mr. Immelt clearly has his eyes set on high growth and Abu Dhabi's investment arm is showing unequivocal support of its partner ...
