Abu Dhabi-listed tech-focused holding company Multiply Group to invest AED 275mln in Getty Images
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Source: zawya.com
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Emirates News Agency - Multiply Group to invest AED275 million in Getty Images ahead of visual content firm's expected listing on NYSE
Abu Dhabi, 28th December, 2021 (WAM) -- Abu Dhabi-listed tech-focused holding company Multiply Group (Multiply) has signed a binding commitment to invest AED 275 million (US$75 million) in global visual content creator and marketplace Getty Images. With a broad portfolio that includes the Getty Images, iStock and Unsplash brands, the company reaches and empowers a broad base of retained customers ranging from international enterprises to amateur creators. Multiply Group’s investment is connected to the planned merger between Getty Images and CC Neuberger Principal Holdings II...
Source: wam.ae
Abu Dhabi's IHC approves merger of its real estate firm Al Tamouh with Al Qudra Holding
Investment holding company Al Qudra's board has approved a new foreign ownership limit of 30 per cent of outstanding shares
Source: gulfbusiness.com
Shares in Multiply Group end first day of trading 80% higher than pre-listing valuation
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Source: zawya.com
Most Gulf bourses gain in early trade, Qatar eases
Most major stock markets in the Gulf rose in early trade on Sunday, with the Abu Dhabi index leading the gains, although the Qatari bourse bucked the trend.
Source: reuters.com