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Apollo secures minority holding in Mubadala Capital agreement

Arabian Post Staff -Dubai Apollo Global Management has agreed to acquire a minority stake in Abu Dhabi-based Mubadala Capital, with the US investment group and other strategic investors expected to commit a combined $5 billion to its investment strategies. The agreement, announced on Monday, October 26, brings Apollo into the ownership structure of Mubadala Capital, the alternative asset…

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Morning update

Morning update Good morning Middle East Eye readers, Here are the latest developments: The US Embassy in Riyadh urged nonemergency government employees and their family members to leave Saudi Arabia…

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