Business & Investments

Mubadala Energy Enters Major U.S. Upstream Gas and LNG Operation with Kimmeridge

  • Equity investment into Kimmeridge’s SoTex HoldCo marks Mubadala Energy’s U.S. market entry and ambitious expansion strategy
  • Kimmeridge’s highly scalable upstream gas and LNG business comprises currently producing upstream gas assets and a pre-FID LNG project

Abu Dhabi, New York & Houston – 10th April, 2025 – Mubadala Energy, the Abu Dhabi headquartered international energy company, has today signed an agreement with Kimmeridge, the energy-focused alternative asset manager, to acquire a 24.1% interest in Kimmeridge’s SoTex HoldCo LLC (“SoTex”), via the issuance of new equity.

Continue reading Mubadala Energy Enters Major U.S. Upstream Gas and LNG Operation with Kimmeridge →
Health Care

PureHealth Announces AED 343 Million Dividend in Strong First Year Post-Listing

  • AGM approves final dividend of AED 343 million for 2024, reflecting a payout of AED 3.09 fils per share, reaffirming PureHealth’s commitment to shareholder returns
  • Proposed payout represents 20% of net profit for the 2024 financial year, underscored by Group’s revenue growth (58% YoY) & robust balance sheet

Abu Dhabi, 10 April 2025 – PureHealth Holding PJSC (“PureHealth” or “the Group”) (ADX Symbol: PUREHEALTH), the largest healthcare group in the Middle East, has announced, following its Annual General Assembly (AGM), shareholder approval for its first-ever dividend distribution since listing on the Abu Dhabi Securities Exchange (ADX) in December 2023. The final dividend as recommended by PureHealth’s Board of Directors amounts to a total of AED 343 million (AED 3.09 fils per share) for the 2024 financial year, representing 20% of the Group’s net profit.

Continue reading PureHealth Announces AED 343 Million Dividend in Strong First Year Post-Listing →
Technologies

SolarWinds to Exhibit at GITEX 2025 Global Events

SolarWinds will showcase product innovations with in-depth demonstrations of its observability, database, and service management solutions to enhance operational resilience

Dubai, UAE – April 11, 2025 – (BUSINESS WIRE) SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, today announced it will participate in the GITEX 2025 events taking place worldwide throughout the year. At the tech shows, SolarWinds will highlight its latest product innovations in its observability, database, and service management solutions designed to help customers meet modern IT challenges.

Continue reading SolarWinds to Exhibit at GITEX 2025 Global Events →
Business & Investments

Solis Concludes Landmark Showcase at Intersolar Middle East Dubai: Igniting the Region’s Solar Future with Proven Power & Partnership

Dubai, UAE – April 10, 2025 — Over three electrifying days at Intersolar Middle East Dubai, Solis (Ginlong Technologies, Stock Code: 300763.SZ) reaffirmed its position as the global leader in solar inverter innovation, drawing unprecedented crowds to Booth H6.G20 with its Solis Solarator Series—a lineup engineered to conquer the Middle East’s harshest climates while accelerating the region’s clean energy transition. Marking our 20th anniversary, the event became a rallying point for distributors, energy service providers (ESPs), and policymakers, all united by a singular goal: to harness solar power that works as hard as the desert sun.

Continue reading Solis Concludes Landmark Showcase at Intersolar Middle East Dubai: Igniting the Region’s Solar Future with Proven Power & Partnership →
Business & Investments

xCube Launches ‘xCube Access’ to Connect Investors with Accredited Financial Advisors

A first-of-its-kind platform giving investors direct access to top-tier financial advisors.

  • Seamless onboarding and transparent fees designed for performance-driven wealth management.
  • Advisors are compensated based on performance, aligning their success with investor growth

Dubai, UAE – [April 10, 2025] – xCube, a leading brokerage and market-making firm in the UAE, has launched xCube Access, a first-of-its-kind platform that connects investors with accredited financial advisors to grow their portfolios. The launch was promoted through a strategic roadshow at the Abu Dhabi Securities Exchange (ADX) and the Dubai Financial Market (DFM).

Continue reading xCube Launches ‘xCube Access’ to Connect Investors with Accredited Financial Advisors →

Interesting News Blog