ABU DHABI/WAM Investcorp Capital (ICAP), an Abu Dhabi Securities Exchange (ADX) listed alternative investment company founded by the Investcorp Holdings B.S.C. (c ) group (Investcorp), today announced the acquisition of a diversified US industrial real estate portfolio with an aggregate value of more than $200 million, comprised of 19 industrial properties totaling approximately 1.4 million square feet across Dallas–Fort Worth, …

RAS EL HEKMA/WAM Modon Holding and Montage Hotels & Resorts have announced Montage Ras El Hekma, which will introduce the first branded residences for purchase at Ras El Hekma on Egypt’s Mediterranean coast. This is the first Montage resort in Egypt – supporting the emerging city’s growth as a global hub for leisure, business and tourism. Montage Ras El Hekma …

ABU DHABI / WAM The UAE has moved beyond experimentation toward integrating AI into core government functions — grappling in practice with questions of leadership, procurement, sovereignty, and organisational redesign that many governments are only beginning to confront, according to new research published by Yango Group and INSEAD. Governments that treat artificial intelligence as part of their core operating infrastructure …