ABU DHABI/WAM Economy Middle East and ADGM have signed a memorandum of understanding to announce their partnership for the second edition of the Economy Middle East Summit, set to take place on May 15 2025. Building on the success of the inaugural summit, this partnership aims to reinforce the UAE’s position as a global economic and innovation hub. The theme …

ABU DHABI/WAM Mubadala Investment Company has acquired an 80% stake in Global Medical Supply Chain (GMSC) and Al Ittihad Drug Store (IDS) from GlobalOne Healthcare Holding (GHH), with GHH retaining a 20% stake. This strategic acquisition enhances Mubadala’s footprint in the healthcare logistics and pharmaceutical distribution sectors, aligning with the UAE’s vision to establish a robust life sciences infrastructure. Founded …

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received HH Sheikh Mohammed bin Rashid bin Mohammed bin Rashid Al Maktoum in the presence of HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, and Minister of Defence. His Highness the President congratulated him on recently graduating from the Royal …