DUBAI / Reuters Dubai-based private equity firm Abraaj has suspended fundraising for a new $6 billion fund, sources familiar with the matter said, as the firm began a review of its business following a dispute with some of its investors in a healthcare fund. The fund had its first close of about $3 billion last year, but has paused fresh ...

ABU DHABI / AGENCIES Emirates Nuclear Energy Corp (ENEC), building the world’s largest single nuclear project, is testing operations of what could be the first reactor in the United Arab Emirates. The Barakah project of four plants in Abu Dhabi is more than 87 percent finished, with unit 1 being prepared and tested, ENEC said on Wednesday in an emailed ...

ABU DHABI / WAM Strata Manufacturing, the advanced composite aero-structures manufacturing facility wholly owned by Mubadala Investment Company, signed a mutual collaboration agreement with the University Leadership Council (ULC), the leading non-profit organisa-tion engaged in human capital enhancement in the UAE. The agreement creates an opportunity to foster joint educational and capacity building initiatives, bringing together the country’s top universities ...