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The partnership aims to deploy at least $1bn of long-term capital, providing bespoke credit solutions to companies and sponsors Global investment firm KKR and Mubadala Investment Company (Mubadala) have signed a strategic partnership to co-invest across performing private credit...

As the host financial centre for GEFI’s Path to COP28 programme, DIFC will support a series of report launches, roundtables and community engagements during the next 12 months The Dubai International Financial Center (DIFC) has entered into a one-year partnership with the Global...

Aliph Capital will seek to acquire sizeable positions in privately owned mid-market companies across the GCC Alternative investment fund Aliph Capital has secured a $125m investment from ADQ, an Abu Dhabi-based investment and holding company. The funding has been secured for the...

The market capitalisation of stocks listed on ADX increased 59.7 per cent to Dhs2.2tn at end of Q3 from Dhs1.38tn during the same period in 2021 The Abu Dhabi Securities Exchange (ADX) continued its ambitious growth trajectory showing a 16.9 per cent gain on its benchmark index FTSE...

These partnerships will play a significant role in boosting economic development through the National ICV Program The Ministry of Industry and Advanced Technology (MoIAT) has signed couple of memoranda of understanding (MoU) worth Dhs260m between major pharmaceutical and medical...

To mark the event, ADGM chairman Ahmed Jasim Al Zaabi took a special tour to meet the international and local entities located at the financial center Abu Dhabi Global Market (ADGM) marked its seventh anniversary on October 21, with ADGM chairman, Ahmed Jasim Al Zaabi, taking a special...

Stretching 50,000 feet, the well is around 800 feet longer than the previous world record set in 2017 ADNOC Drilling has announced that it has set a new world record for the longest oil and gas well at its Upper Zakum Concession. Stretching 50,000 feet, the well is around 800 feet...

October 30 is expected to be the busiest day, with daily passenger traffic to exceed 259,000 Some 2.1 million passengers are expected to pass through Dubai International (DXB) airport between October 21 and October 30, with total average daily traffic reaching 215,000 passengers, Dubai...

The agreement provides a framework for further co-operation between the two authorities on regulation, policy and trends in financial services and markets The Dubai Financial Services Authority (DFSA) has signed a Memorandum of Understanding (MoU) with the Thai Securities and Exchange...