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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
The tourism department of Abu Dhabi, DCT Abu Dhabi, has signed a partnership deal with popular social media Tik Tok as the Emirate moves to lure visitors, Gulf Business reports. “This partnership is unique in the sense that it provides Read more
The Board of Directors of Abu Dhabi-based Agthia Group, a company operating in food and beverages, has approved the acquisition of majority stakes in Ismailia Investments, an Egyptian producer of frozen processed chicken and beef products, Zawya reports. The board Read more
Abu Dhabi’s third investment fund, ADQ, has acquired for $740 million Egypt-based Amoun Pharmaceutical Co. controlled by Canada-based Bausch Health Companies Inc. Bausch Health Companies Inc. in a statement Wednesday said it reached a deal with ADQ to relinquish its Read more
Global messaging app Telegram has secured $150 million in investment from Abu Dhabi-based sovereign investor Mubadala Investment Company, Abu Dhabi Catalyst Partners as the company plans to continue its growth in the region and around the world. Mubadala, Gulf Business Read more
Abu Dhabi Crown Prince Mohamed bin Zayed Al Nahyan has pledged to invest $12 million in Israel, Israeli Prime Minister Benjamin Netanyahu has announced. In an interview with army radio early this week, Netanyahu indicated that the Emirati royal told Read more
The United Arab Emirates has required all listed companies on Abu Dhabi and Dubai stock markets to have at least one woman as board member as the Gulf country strives to raise the number of women on the boards of Read more
UAE and Abu Dhabi carrier, Etihad has become World’s first airline to have vaccinated its entire flying crew against covid-19. “100% of our crew are vaccinated. We’re the first airline in the world to vaccinate all pilots and cabin crew Read more
Al Ahli Bank of Kuwait (ABK) has appointed from deputy CEO of the National Bank of Kuwait as the CEO in the UAE. “We are very pleased to welcome Omar to ABK. He has an excellent track record of strong Read more
Qatar’s national carrier Qatar Airways and UAE’s Etihad Airways announced Wednesday to resume air traffic between the two countries after three years of suspension due to diplomatic brawl. Abu Dhabi-based Etihad Airways, Middle East Monitor (MEMO) reports said it would Read more