ABU DHABI / WAM In line with the directives of President HH Sheikh Khalifa bin Zayed Al Nahyan, His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, Deputy Supreme Commander of the UAE Armed Forces and Chairman of Abu Dhabi Executive Council, has instructed provision of housing loans worth AED4.27 billion in total, to 2,500 beneficiaries ...

LONDON / WAM Mubadala Investment Company (Mubadala) of Abu Dhabi, on Wednesday announced its intent to create a $400 million fund to invest in leading European technology companies. The fund will be managed by Mubadala Ventures, the venture capital arm of Mubadala. SoftBank Group will participate as a strategic investor via its SIMI US Holdings I, Inc investment subsidiary. The ...

DUBAI / WAM Emirates SkyCargo signed an MoU with Cainiao Smart Logistics Network Ltd (Cainiao), the logistics arm of the Alibaba Group, to jointly facilitate the delivery of cross-border parcels as Cainiao looks to expand its global logistics infrastructure with Dubai as a hub. Emirates SkyCargo and Cainiao will work closely to manage e-commerce shipments in Mideast and neighbouring regions ...