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Abu Dhabi

FB Roundup: Gautam Adani, Todd Boehly, Guy Hands

May 25, 2022

In this week’s FB Roundup, Gautam Adani’s family office invests in an Abu Dhabi petrochemicals firm; the Todd Boehly-led consortium is officially approved as new Chelsea FC owners; and British tycoon Guy Hands bids to buy Butlins holiday camps.

Gautam Adani’s family office invests in Abu Dhabi petrochemicals firm
The family office of Asia’s richest man, Gautam Adani, has committed to invest $75 million in an Abu Dhabi-based petrochemicals firm as part of a $2 billion initial public offering (IPO) - the biggest-ever listing in the United Arab Emirate (UAE) state.

Campden celebrates the Middle East’s top philanthropists and foundations for 2013

December 11, 2013

A family business leader committed to improving transparency, accountability and corporate governance in the Arab world has been named philanthropist of the year at the second annual Campden Wealth Middle East Philanthropy Awards, in association with Abu Dhabi Islamic Bank (ADIB).

CampdenFB received more than double the number of nominations for this year’s awards than in 2012, coming from more than half a dozen countries across the Middle East.

Murdoch positions News Corp for Middle East expansion

March 10, 2010

Rupert Murdoch, the family head of media empire News Corporation, announced yesterday that the company plans to expand its presence in the Middle East and base its operations there in Abu Dhabi.

Rupert Murdoch, the family head of media empire News Corporation, announced yesterday that the company plans to expand its presence in the Middle East and base its operations there in Abu Dhabi.

Speaking at the Abu Dhabi Media Summit, he said: "We will headquarter the Middle East operations for our global online advertising network business in Abu Dhabi."

Abu Dhabi family reduces debt for Manchester City

January 7, 2010

While many of the English Premier League’s top football clubs enter 2010 laden with debt, Abu Dhabi’s ruling family has ensured Manchester City is not one of them. The club announced on Tuesday its family owners have converted £305 million of loans into equity before buying shares of just under £90 million, effectively removing a large proportion of the club’s debt.

While many of the English Premier League's top football clubs enter 2010 laden with debt, Abu Dhabi's ruling family has ensured Manchester City is not one of them. The club announced on Tuesday its family owners have converted £305 million of loans into equity before buying shares of just under £90 million, effectively removing a large proportion of the club's debt.

Abu Dhabi royal family goes back to school

March 19, 2009

The ruling family of Abu Dhabi, the al Nahyan dynasty, is backing an ambitious project to set up a chain of schools around the world.

The ruling family of Abu Dhabi, the al Nahyan dynasty, is backing an ambitious project to set up a chain of schools around the world. The emirate's international investment company's real estate arm, Bloom Properties, has signed a deal with a leading British private school to establish a dozen more institutions.