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 …

KAZANLAK / WAM Bulgaria’s rose harvesting season has begun in rose plantations near the southern town of Kazanlak where a rose harvesting ritual during the weekend attracted many visitors, Bulgarian News Agency BTA reported on Monday. Kazanlak is the best known rose growing region in Bulgaria. One of the top three rose oil producers in the world, Bulgaria exported 1,370 …

ABU DHABI / WAM Local stock markets attracted liquidity exceeding AED1.4 billion at the close of trading on Monday, with International Holding Company (IHC) and Emaar Properties leading the trades. According to market data, the liquidity was distributed as AED1.008 billion in the Abu Dhabi Securities Exchange (ADX) and AED405.4 million in the Dubai Financial Market (DFM), after trading 377 …