ABU DHABI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, has reaffirmed the directions of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, to provide the utmost support for the UAE family considering it as the nucleus of society. Sheikh Mohammed adopted the National Family Policy ...

Dubai / WAM The Dubai Chamber of Commerce and Industry has announced strong interest from companies in the UAE and GCC applying for the 10th cycle of the Mohammed bin Rashid Al Maktoum (MRM), Business Award and the 2nd cycle of the MRM Business Innovation Award. Due to the high volume of applications, the Chamber has extended the registration deadline ...

Dubai / WAM Dubai Investments has announced that its private equity subsidiary Masharie LLC divested its 50% stake in Dubai International Driving Centre (Drive Dubai), for AED 35 million. The stake sale generated an internal rate of return (IRR) of 21 percent. Masharie was one of the founding partners of Drive Dubai in December 2012. Drive Dubai operates an 850,000 ...