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COP28 chief calls on oil & gas industry to allocate capital to clean energy

VIENNA / WAM COP28 President-Designate, Dr Sultan Al Jaber, on Thursday delivered a speech to the 8th Opec International Seminar, being held this week in Vienna, in which he urged the oil and gas industry to allocate capital at scale to clean energy solutions. The theme of the seminar “Towards a Sustainable and Inclusive Energy Transition” represents “one of the ...

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ADQ, BMO to join GWL as strategic partners of Sagard

MONTREAL / WAM Sagard, a global multi-strategy alternative asset management firm with $14.5 billion under management, on Thursday announced new strategic partnerships with ADQ and Bank of Montreal (BMO). As part of this transaction, Sagard has expanded its existing partnership with Great-West Lifeco (GWL). ADQ and BMO have respectively entered into definitive agreements to acquire minority equity stakes in Sagard, ...

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UAE President, Mohammed bin Rashid witness swearing-in of Minister of Investment

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, on Thursday witnessed the swearing-in ceremony of Mohamed Hassan Alsuwaidi as the UAE’s Minister of Investment. Also present was His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, ...

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