MANAMA / WAM Investcorp on Sunday announced it has entered into a definitive agreement to acquire Mercury Capital Advisors (Mercury), one of the leading institutional capital raising and investment advisory enterprises. As part of the transaction, Mercury will remain an independent business operating under its current leadership team. This investment is the latest milestone in Investcorp’s ambitious growth strategy to ...

Abu Dhabi / WAM The UAE has pledged $10 million to support ending of sexual and gender-based violence. This came when a UAE delegation led by Zaki Nusseibeh, Minister of State, co-hosted the “International Conference on Ending Sexual and Gender-based Violence in Humanitarian Crises” which was held in Oslo, Norway. In his opening address, Zaki Nusseibeh emphasised “that the empowerment ...

ABU DHABI / WAM With its user-friendly interface and a variety of other services, the Abu Dhabi Airports Free Zone (ADAFZ), launched a One Stop Shop (OSS), online portal, to ease the process of setting up businesses within the ADAFZ. Once registered, the portal allows users to view their company’s licence, lease, and employee and financial details. The portal also ...