ABU DHABI / WAM The UAE and the International Renewable Energy Agency (Irena), on Monday, signed a supplementary agreement to the headquarters agreement that was signed in 2012 on hosting the Agency’s permanent headquarters in the UAE capital. The new document outlines the specific conditions governing the occupancy by Irena of its headquarters premises Dr Thani bin Ahmed Al Zeyoudi, ...

BAHRAIN / WAM Investcorp announced that it acquired 11 new US multifamily properties. The portfolio totals 2,615 units for a combined purchase price of approximately $370 million. The acquisition marks Investcorp’s largest US real estate portfolio acquisition co- mpleted in the past decade. “This diversified acquisition marks very exciting milestone for our real estate investment team as this is the ...

Dubai / WAM Dubai’s Jebel Ali Port has emerged as the UAE’s leading hub for the used cars sector, generating some AED31.8 million ($8.6 million) in automotive spare parts trade, revealed DP World UAE Region. According to the company, the Emirate of Dubai has proved to be preferred trade hub in region for automotive and spare parts sector, with Jebel ...