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Economy · Abu Dhabi, UAE · United Arab Emirates ·

Apollo takes stake in Mubadala Capital

Apollo will buy nearly 10% of Abu Dhabi's Mubadala Capital.

Why it matters

Deepens Gulf-Wall Street capital ties.

Background

Mubadala is Abu Dhabi's state investor.

The story so far

  1. UAE agrees with Saudi Arabia to re-enter Yemen conflict
  2. Apollo takes stake in Mubadala Capital
  3. US to mediate Ukraine-Russia talks in Abu Dhabi Nov. 10-11
  4. US, Russia and Ukraine to hold talks in Abu Dhabi
  5. IEA: UAE to lead world solar output by 2031

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Sources

This summary was written automatically from the reporting linked above; follow the sources for the full story. How One Turn works.

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