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EIG Partners is tapping international investors, especially Middle Eastern funds, to buy into one of its units that is part of a consortium taking over Australia's Origin Energy for $10.2 billion,...
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EIG, the U.S based investment firm, and its advisers have been holding negotiations for the past few months to bring on board equity partners to participate in the deal
IHC’s current stock price stabilisation is a ‘natural phase’, says CEO Shueb
ABU DHABI, 25th July, 2023 (WAM) -- Multiply Group, an Abu Dhabi-based investment holding company, has reported a net profit of AED400 million for Q2 2023, compared with AED127.31 million in the corresponding period of last year.The profit from Multiply Group’s operating entities witnessed a surge of 33.6% in Q2 2023, compared to the same period last year. This increase excludes both realised and unrealised capital gains. Multiply Group’s strong Q2 results were driven by the excellent operational performance of its subsidiaries, which in turn...
The results were driven by the excellent operational performance of its subsidiaries