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Aldar and Mubadala buy $250m Abu Dhabi office complex as Masdar City portfolio hits $1.3bn

Aldar and Mubadala acquire the 99%-occupied Masdar City Square for $250m, taking their Masdar City real estate portfolio to $1.3bn

We haven't written up this one. Arabian Business has the full story — the link below goes straight to it.

Read the original at arabianbusiness.com →

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Sri Lanka’s lifestyle coffee culture boom and the two faces of its economy

By Sanath Nanayakkare On Baseline Road in Colombo, Barista Coffee recently opened its 100th outlet. For a modern café culture spreading across shopping centers, office districts, and provincial towns…

  • Barista Coffee opens 100th outlet in Colombo, showcasing lifestyle coffee boom
  • Sri Lanka's macro-economy recovering, but household welfare below pre-crisis levels
  • High-quality tea too expensive for many families, despite global demand for Ceylon Tea

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