Dubai’s TECOM expands property portfolio with new $120mln investment

Dubai-listed business park operator TECOM Group is expanding its commercial real estate portfolio with an investment of AED 442 million ($120 million). The company said on Monday it has just […]
Abu Dhabi’s Mubadala acquires stake in Germany’s Skyborn Renewables

Abu Dhabi’s strategic investor Mubadala Investment Co. has acquired a stake in Skyborn Renewables, alongside Global Infrastructure Partners (GIP). The acquisition of a 100% interest in Skyborn Renewables provides Mubadala […]
Alpha Dhabi to invest $2.5bln in Alpha Wave Ventures II Fund

Alpha Dhabi Holding, an Abu Dhabi-based investment holding company, will invest 9.2 billion dirhams ($2.5 billion) in a venture fund launched at the beginning of the year, thus becoming its […]
Abu Dhabi’s IHC completes $2bln investment in Adani Group’s green portfolio

based strategic investment company International Holding Company (IHC) has completed the 7.3 billion dirhams ($2 billion) investment in three green-focused companies owned by Indian conglomerate Adani Group, first disclosed last month. […]
Dubai government establishes debt management office, appoints CEO- statement

The Dubai Government said on Monday that it has established a debt management office (DMO) and appointed Rashid Ali bin Obood Al-Falasi as its chief executive. The DMO will manage […]