Bloomberg Asian airline stocks are by far the best performers among global peers this year, racking up gains as most of the region reopens for travel even as China sticks with its Covid-Zero strategy, imposing lockdowns and limiting travel. Airline shares in Asia are the only gainers on a Bloomberg gauge of global carriers, led by Cathay Pacific Airways Ltd, …

  Abu Dhabi / WAM Borouge, a leading petrochemical company providing innovative and differentiated solutions, continues to strengthen its existing value-chain partnerships through several new opportunities in Egypt – a strategic market where the company has long-standing ties. Borouge has contributed to shaping country’s most prominent projects, which are driving demand for energy, infrastructure, and agriculture solutions. In 2020, Borouge …

Manama / WAM Investcorp, a Bahrain-based asset manager which counts Mubadala Investment Company as its biggest shareholder, on Wednesday announced that Investcorp Saudi Pre-IPO Growth Fund LP led the Pre-IPO round in privately-held TruKKer Holding Limited, Mena’s largest digital freight network with a leading position across Saudi Arabia, the UAE, Egypt and neighbouring countries. Investcorp led the initial close of …