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Abu Dhabi National Energy Unloads Tesla Stake

Business & Finance : DealBook

Abu Dhabi National Energy has sold its 7 percent stake in electric carmaker Tesla Motors, reports Reuters. The firm, which sold 7.3 million shares, said it made a profit of $113 million from its investment. Read more »

BIG releases video sneak peek of Hyperloop designed to connect Abu Dhabi & Dubai

Lifestyle / Green Living : Inhabitat

Danish architecture firm Bjarke Ingels Group (BIG) has released a teaser video showing off its design of a Hyperloop project that promises to link Abu Dhabi and Dubai. The ultra high-speed capsule transport aims to turn the 93-mile ...

Daimler Sells Stake In Tesla To Abu Dhabi

Lifestyle / Green Living : Green Sheet

Daimler (DAI) has sold 40% of its stake in Tesla to Aabar Investments, an investment group owned by Abu Dhabi's government. According to the release, Aabar wanted to get in on the investment in May, when Daimler purchased 10% of Tes...

Hutchison to sell $4.3 billion stake in UK mobile unit to GIC, Abu Dhabi fund

Business & Finance : Business Insider: Clusterstock

HONG KONG (Reuters) - Hutchison Whampoa Ltd has agreed to sell a one-third stake in its British mobile phone business for $4.3 billion to a group of investors including Singaporean and Abu Dhabi sovereign wealth funds. Singapore's G...

‘Abu Dhabi royals involved in RBS talks’

Business & Finance : Business Report

Talks to sell a stake in Britain's state-owned Royal Bank of Scotland are being held at the level of the Abu Dhabi ruling family. ||| Talks to sell a stake in Britain's state-owned Royal Bank of Scotland are being held at the level ...

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