Abu Dhabi state investor Mubadala injects $497 million in UK-based IVC Evidensia

Abu Dhabi’s Mubadala Investment Company, one of the investment fund of the UAE, announced Sunday it has invested $497 million into UK-headquartered IVC Evidensia, Europe’s largest veterinary care provider. The sovereign fund in a statement indicated that the investment aligns Read more

Iran sacks Head of Central Bank candidate for June 18 Presidential elections

Iranian President Hassan Rouhani has sacked the governor of the Central Bank, Abdel Nasser Humati, who is running next month presidential elections, reports say. Humati, who assumed the position, reportedly agreed to step down after President Rouhani told him will Read more

Qatar pledges $500m for Gaza reconstruction

Qatar has vowed $500 million in support of Gaza reconstruction days after Hamas, the ruler of the Palestinian enclave and Israeli agreed a cease fire to end 11 days of new conflict. Qatari Foreign Minister Mohammed bin Abdul Rahman Al Read more