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UAE President sends condolence on death of Iranian President

GULF TIME / ABU DHABI UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan took to social media platform X, formerly Twitter, to extend his condolences on the death of Iran’s President Ebrahim Raisi. His Highness Sheikh Mohamed in his statement on X, said, “I extend my deepest condolences to the Iranian government and people over the passing of ...

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211% surge in AUM at ADGM in Q1 2024

ABU DHABI / WAM Abu Dhabi Global Market (ADGM), continues its solid performance paving the way for another strong year as the fastest-growing financial centre in the region, with a record-breaking start during the first quarter of 2024 marked by an increase of 211 percent in Assets Under Management (AUM) compared to the first quarter of the year 2023. The ...

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Mubadala makes first renewable energy investment in Japan

ABU DHABI / WAM Mubadala Investment Company has made a cornerstone investment in PAG’s Asia Pacific renewable energy platform (PAG REN I), primarily focused on supplying solar power to corporations across Japan. PAG REN I will leverage PAG’s multi-decade experience in the Japanese real-estate space and the expertise of its in-house renewable energy team, PAG Renewables. The platform aims to ...

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