Recent Posts

Multiply group acquires 80% of IEH to grow its utilities portfolio

  Abu Dhabi / WAM Multiply group, an Abu Dhabi-based holding company, acquired 80% of International Energy Holding LLC (IEH). International Energy Holding recently acquired a 50% stake in Kalyon Enerji Yatrimlari AÅž, a market-leading clean and renewable energy company based in Türkiye. Under IEH, Multiply Group aims to continue expanding its utilities and energy investments globally. Kalyon Enerji’s assets ...

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UAE leaders wish King of Lesotho on Independence Day

  Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to King Letsie III of the Kingdom of Lesotho on the occasion of his country’s Independence Day, which is marked on October 4. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and ...

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Arada awards contracts to build 740 homes in Sharjah

  Dubai / WAM Arada has awarded two major contracts to build nine premium apartment blocks in Aljada, the 24 million square foot mixed-use megaproject located in the Muwaileh area of New Sharjah. Consisting of 740 homes in total, the buildings include the five Sokoon blocks, two new apartment blocks located close to Aljada’s museum and the two Gate buildings, ...

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