ABU DHABI / WAM Modon has announced the launch of Wadeem, its first residential plots release on Hudayriyat Island to offer discerning buyers the opportunity to design and build their own homes in one of Abu Dhabi’s most desirable emerging locations. Set opposite Abu Dhabi’s Al Bateen area, Wadeem features more than 1,700 plots, each with ample room for a …

DUBAI / WAM Autoworld International FZCO, the regional distributor for India’s Bajaj Auto Ltd, has announced an investment of AED45 million to develop a new logistics and distribution hub in the Jebel Ali Free Zone (Jafza). The facility will enhance Autoworld’s ability to serve rapidly growing markets across Africa and the Middle East. The agreement was officially signed in the …

ABU DHABI / WAM Mubadala Investment Company announced its agreement to acquire a 30 percent stake in Loscam International, a provider of pallet pooling and returnable packaging solutions across the Asia-Pacific region. Mubadala will join the existing shareholder group alongside Trustar Capital, the private equity affiliate of CITIC Capital Holdings Limited; FountainVest, one of Asia’s leading independent private equity firms; …