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China–UAE News
Source: Asia News Network

Mubadala Agrees to Acquire $1 Billion Stake in China’s Luckin Coffee

Abu Dhabi sovereign wealth fund Mubadala Investment Company has agreed to acquire a strategic minority equity stake in Luckin Coffee in a deal valued at approximately $1 billion. The investment aims to support Luckin's technology-driven operations and international retail expansion. The transaction occurs as Chinese coffee operators shift focus toward store productivity and sustainable margins.

Middle East Travel Alerts
Source: https://safariindia.com/

Qatar Airways Resumes Daily Flights to Bahrain and Kozhikode

American Airlines has discontinued flight operations across three destinations, ending services to Doha in Qatar, Tijuana in Mexico, and Santa Maria in California. The carrier cited network optimization, regional tensions, and performance metrics as the primary factors behind the route terminations. In Doha, alliance partner Qatar Airways has taken over the nonstop link to Philadelphia.

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