DUBAI / WAM DP World has launched a first-of-its-kind cargo war risk insurance solution to help businesses navigate disruption across Middle East trade routes, where traditional insurance has become fragmented, costly and often unavailable. The solution provides continuous coverage across the entire supply chain, from ocean or air transit through port storage and inland delivery, closing critical gaps left by …

ABU DHABI / WAM The United Arab Emirates has strongly condemned the terrorist attack on a military base in the Republic of Chad, which resulted in the deaths and injuries of dozens of members of the armed forces. In a statement, the Ministry of Foreign Affairs (MoFA) reiterated the UAE’s strong condemnation of such criminal acts and its permanent rejection …

ABU DHABI / WAM Mubadala Investment Company, an Abu Dhabi-based global investor, on Thursday announced a significant minority investment in Power Factors, a leading renewable energy management suite (REMS) provider, alongside existing investor Vista Equity Partners. Through this investment, Mubadala will enable Power Factors’ continued growth, innovation, and global expansion as a leader in the renewable energy sector. Power Factors’ …