November 25, 2020

Abu Dhabi Financial Group unit offers to buy Abraaj’s investment management arm

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Reuters From CNBC A unit of Abu Dhabi Financial Group has made a conditional offer to buy private equity firm Abraaj’s investment management business for $50 million, according to a document reviewed by Reuters. The offer from Abu Dhabi Capital Management (ADCM) is well below the $125 million offered by New York-based private equity firm […]

iNews Briefs

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High tech hide and seek comes to Cayman A high tech hide and seek game called “geocaching” has been brought to the Cayman Islands by a group of local residents. Geocaching is a global treasure hunt that involves participants using GPS devices to locate containers hidden by other enthusiasts all over the world. There are […]