Recent Posts

Burjeel to launch Project Nader to study, treat rare diseases in UAE

ABU DHABI / WAM Burjeel Holdings has partnered with BridgeBio Pharma, a commercial-stage biopharmaceutical firm focussed on genetic diseases and cancers, to launch a new project to revolutionise the field of early diagnosis and treatment of rare diseases or disorders in the UAE and the region. The two entities signed a preliminary, non-binding collaboration agreement establishing a mutual intention to ...

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Dubai Chambers launches SEP to improve customer service in private sector

DUBAI / WAM Dubai Chambers is taking a big step towards ensuring that businesses in the emirate provide excellent customer service. The Service Excellence Programme (SEP) will evaluate the quality of customer experience delivered by private sector companies through mystery shopper reports. The initiative marks another significant milestone that advances the chambers’ role in supporting Dubai’s drive to achieve excellence ...

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Multiply invests AED367mn in EIG’s Breakwater Energy

ABU DHABI / WAM Multiply Group, an Abu Dhabi-based investment holding company, is acquiring a minority interest in Breakwater Energy for AED367 million ($100 million). This investment comes under Multiply+, the group’s sector-agnostic arm that is more opportunistic in nature. Through this acquisition, Multiply Group will become part owner of a highly profitable and cash-generative, diversified global upstream portfolio with ...

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