ABU DHABI / WAM CVC DIF, the infrastructure strategy of leading global private markets manager, CVC, and Tabreed, the world’s leading district cooling company, have entered a partnership to acquire PAL Cooling Holding from Abu Dhabi’s Multiply Group. The transaction, with an equity value of approximately AED3.8 billion, includes three long-term concessions in the Abu Dhabi main island area and ...

SHARJAH / WAM After nine months of continuous work, the Sharjah Consultative Council (SCC) concluded the second regular session of its eleventh legislative term. The session began on October 10, 2024, and ended on June 19, 2025. It was marked by dynamic parliamentary activity and notable achievements that reflected a high level of institutional engagement with the emirate’s key issues, ...

SHARJAH / WAM Sharjah Economic Development Department (SEDD) launched “Instant Licence” service in order to promote investments and attract investors to the Emirate. This service was launched after obtaining the approval from the Sharjah Executive Council with the aim of enabling investors and entrepreneurs to issue a commercial licence immediately without the need to attach the Memorandum of Association or ...