ABU DHABI/ WAM Mubadala Investment Company (Mubadala), the Abu Dhabi sovereign investor, has announced its investment in Zenobē, a global player in fleet electrification and battery storage solutions. This strategic investment by Mubadala was executed with Infracapital, the infrastructure equity investment arm of MG Plc, where Mubadala is a strategic limited partner. Founded in 2017 and headquartered in London, Zenobē …

DOHA/ WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan headed the UAE delegation participating in the 44th Session of the Gulf Cooperation Council Supreme Council. The summit was inaugurated today in Doha by His Highness Sheikh Tamim bin Hamad Al Thani, Emir of the State of Qatar. The summit addressed ways to build upon the historical cooperation …

BLOOMBERG European stocks were mixed as traders weighed concerns over China’s debt burden against dovish comments by a European central banker. The Stoxx 600 was little changed, while US equity futures extended losses. German government debt advanced and money markets amped up easing bets after the ECB’s Isabel Schnabel told Reuters that further interest rate hikes are unlikely. At the …