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President names Omran Sharaf as assistant to Foreign Minister

  ABU DHABI / WAM President HH Sheikh Mohamed bin Zayed Al Nahyan issued a federal decree appointing Omran Sharaf as a member of the UAE Diplomatic and Consular Corps with the rank of ambassador, and as Assistant Minister of Foreign Affairs and International Cooperation to handle the Advanced Science and Technology portfolio. Omran Sharaf is the Project Director of ...

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Borouge expanding in Egypt through strategic partnerships

  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 ...

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Investcorp leads $100mn pre-IPO round in TruKKer

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 ...

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