FIFA presidency in flux as Infantino’s World Cup sale plan collapses and rivals emerge FIFA presidency jolted as Gianni Infantino’s World Cup investment plan collapses, prompting criticism from UEFA, AFC …
stake
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FIFA cancels sale of World Cup stake after global backlash FIFA cancels sale of World Cup stake after intense backlash. Infantino withdraws proposed 20% sale to raise $4.2bn amid resignations …
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FIFA stake sale walkback welcomed by AFC as call for transparent consultations FIFA stake sale reversal prompts AFC president to demand transparent, timely consultations with confederations and member associations after …
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FIFA Proposes Private Investment in FIFA World Cup Commercial Rights in $20bn Plan FIFA is asking 211 national associations to decide within 53 days on a plan to sell a …
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Business
e& agrees sale of 16.21% Vodafone stake to Vega for 21.8bn AED
by James Bryantby James BryantE& sale of Vodafone stake to Vega raises AED 21.8bn in strategic portfolio shift E& sale of Vodafone stake to Vega raises AED 21.8bn; 3.944743685bn shares sold at 112.5p including …
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OpenAI Considers 5% Stake for US Government to Ease Political Tensions OpenAI 5% stake under consideration as a mechanism to share AI returns with the public and improve relations with …
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Business
ADNOC awarded 60% stake in world’s largest Bab gas-cap development project
by James Bryantby James BryantADNOC-Led Consortium Wins Concession for Bab Field Gas-Cap Development Abu Dhabi’s Supreme Council approves Bab field gas cap development agreement, assigning a 60% stake to ADNOC with international partners holding …
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Business
Emirates NBD completes acquisition of 60% stake in RBL Bank
by James Bryantby James BryantEmirates NBD Completes Acquisition of 60% Stake in RBL Bank with $2.75bn Capital Injection Emirates NBD completes acquisition of majority stake in RBL Bank after a $2.75 billion capital injection, …
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Business
Dubai Holding acquires 22.27% stake in Emaar Properties and becomes largest shareholder
by James Bryantby James BryantDubai Holding Raises Stake in Emaar to 29.73% After 22.27% Acquisition Dubai Holding increases its stake in Emaar to 29.73% after buying 22.27% from the Investment Corporation of Dubai, becoming …
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Business
Emaar announces Dubai Holding raises stake to 29.73% after ICD divestment
by James Bryantby James BryantEmaar ownership reshaped as Dubai Holding unit acquires 22.27% stake Emaar ownership reshuffled as Emirates Power Investment, a Dubai Holding unit, acquires 22.2723% stake; Dubai Holding’s total rises to 29.73%, …