Davide Barbuscia
Stories by Davide Barbuscia
Uber to retain Careem as a separate brand for now
The $3.1 billion dollar acquisition will make Careem a wholly owned subsidiary of Uber.
Saudi Aramco sets record with $10b demand for landmark bond
The bond is seen as a gauge of potential investor interest in the Saudi company's eventual initial public offering.
Bahrain sovereign fund not looking to invest in SoftBank Vision Fund
Mumtalakat, which holds the Bahrain state's stakes in Aluminium Bahrain and telecoms company Batelco, has a portfolio valued at over $10 billion.
PIF-backed ACWA Power to work with SoftBank on its $200b Saudi solar project
SoftBank CEO Masayoshi Son announced in March last year a plan to invest in creating the world's biggest solar power project in Saudi Arabia.
Abraaj founder Naqvi makes last-ditch rescue attempt to prevent liquidation
Naqvi has met limited partners and creditors in an effort to win back their support for a plan to restructure the debt of Abraaj Holdings.
Abu Dhabi fund Mubadala said to be in talks with banks to refinance loan
Mubadala is in talks with banks to refinance an existing $1.75 billion revolving loan due in May next year. The state investment fund had signed the o
Actis, TPG said to be preferred bidders for some Abraaj funds
TPG has entered into exclusive negotiations to take over the management of Abraaj's $1 billion Growth Markets Health Fund.
UAE regulator requests listed companies to declare exposure to Abraaj
Air Arabia, a Dubai-listed low-cost carrier, said this week it had a $336-million exposure to Abraaj. Shares in the airline plunged because of its li
PE firm Abraaj seeks deal on secured debt, Kuwaiti fund holds out
Most of the creditors have agreed to a standstill, which would see Abraaj's debt frozen for around 90 to 120 days, estimating the buyout firm's tota
Deutsche Bank looking to sell stake in beleaguered PE firm Abraaj
Deutsche Bank, which is believed to have been considering selling its stake in the embattled buyout firm for some time, has an 8.8% stake in Abraaj Ho
