DubaiBeat

Abu Dhabi ADIA and Mubadala backed EQT's take-private of UK's Intertek

2026-08-27T12:00:00Z

Abu Dhabi investors ADIA and Mubadala are backing Swedish firm EQT's take-private of UK testing group Intertek. The June 18 offer values Intertek at about £10.9 billion including debt, or £60 a share in cash plus a final dividend.

EQT will hold 76 percent. ADIA, through Luxinva, takes 16 percent (about £1 billion). Mubadala takes 8 percent (about £500 million). Intertek shareholders approved the scheme on August 6. Completion is expected in late 2026 or early 2027.

ADIA and Mubadala are listed in the Middle East Investors Directory.

Manama Investcorp acquired Indian logistics firm 20Cube for approximately INR 500 crore

2026-08-19T12:00:00Z

Bahrain-based global investment firm Investcorp has acquired 20Cube 3PL Solutions, an India contract logistics platform, for approximately INR 500 crore.

The deal carves the India warehousing business out of Singapore-headquartered 20Cube Logistics, which keeps international freight forwarding. The India unit operates over 7 million square feet of warehousing for consumer durables, chemicals, automotive components and engineering goods. (Founded in 1982, Investcorp is based in Bahrain and is a global manager of alternative investment products, for private and institutional clients.)

Investcorp is listed in the Middle East Investors Directory with the code OR30.

Riyadh Public Investment Fund acquired Electronic Arts for $55 billion

2026-08-04T12:00:00Z

Riyadh Public Investment Fund and consortium acquired Electronic Arts, a California-based video games company, for $55 billion.

Electronic Arts, headquartered in Redwood City, develops games including EA SPORTS FC, Battlefield, The Sims and Madden NFL. Shareholders received $210 in cash per share and the stock was delisted from Nasdaq. (PIF is the sovereign wealth fund of Saudi Arabia. Silver Lake and Affinity Partners are in the consortium. The deal closed 4 August 2026.)

Abu Dhabi Private Office of Sheikh Mohammed bin Khalid Al Nahyan invested $1.13 billion in MidOcean Energy

2026-07-08T12:00:00Z

The Private Office of Sheikh Mohammed bin Khalid Al Nahyan, an Abu Dhabi investment office, has committed $1.13 billion in MidOcean Energy, a liquefied natural gas company formed and managed by EIG.

MidOcean is building a global LNG portfolio with interests in Canada, Australia and Latin America, a marketing office in Singapore and a corporate office in London. (The Private Office, headquartered in Abu Dhabi with affiliate KSH Investments, invests across real estate, hospitality, infrastructure, financial services and energy.)

Doha Qatar Investment Authority invested €432 million in RWE

2026-06-23T12:00:00Z

Qatar Investment Authority(QIA), the sovereign wealth fund of Qatar, has invested €432 million in RWE, a German energy company, as a cornerstone investor in RWE’s equity capital raise, increasing its stake from 9.27 percent to 9.87 percent.

RWE is Germany’s largest power generation company and one of the leading renewable and flexible energy companies globally. Proceeds help RWE raise its indirect stake in Amprion, a German electricity transmission company. (QIA safeguards and grows Qatar’s financial assets while helping diversify its economy. It invests in a wide range of global markets, sectors, and regions.)

Qatar Investment Authority is listed in the Middle East Investors Directory with the code BD44.