Recent Posts

IHC completes AED7.3 billion deal with India’s Adani group

  Abu Dhabi / WAM International Holding Company (IHC) announced on Tuesday the completion of an AED7.3 billion ($2 billion) investment transaction in the Adani Portfolio companies, Adani Green Energy Limited (AGEL), Adani Transmission Limited (ATL) and Adani Enterprises Limited (AEL). IHC has provided capital to Adani Green Energy, Adani Transmission, and Adani Enterprises, which are all listed on the ...

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Investing in education could add $2.54trn to global economy: WEF

Geneva / WAM A worldwide improvement in students’ capacity for problem-solving to the average level of today’s top 10 scoring countries could add an additional $2.54 trillion to the global economy, World Economic Forum (WEF) said in its latest report. The compound effects of the pandemic, pre-existing inequalities, and the rapid technological change of the Fourth Industrial Revolution (4IR), mean ...

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dnata invests $17m to boost Erbil operations

  Erbil / WAM dnata, a leading global air and travel services provider, has announced a significant expansion of its operations in Erbil, Iraq. The company opened a new, advanced cool chain facility and a bus maintenance facility for its state-of-the-art bussing fleets at Erbil International Airport (EBL), which together represent a total investment of $3.5 million. dnata has also ...

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