MANAMA / WAM Investcorp, a Bahrain-based asset manager which counts Mubadala Investment Company as its biggest shareholder, has announced its investment in Xpressbees, a leading end-to-end e-commerce logistics platform in India. The investment was made as part of a Series E funding with participation from a consortium of local and global investors. Founded in 2015 by serial entrepreneurs Amitava Saha ...

Abu Dhabi / WAM The period for updating the personal details of Emirati citizens has been extended till December 31, according to the Federal Authority for Identity and Citizenship (ICA). The authority stated that the decision – which is part of ”Your data … Your identity” initiative comes in accordance with the Authority’s aspirations in fulfilling the needs of community ...

ABU DHABI / WAM The General Authority for Regulating the Telecommunications Sector (TRA) announced that official portal of the UAE Government (U.AE) has hit a new record in its number of users, reaching nearly the 10 million mark during the period from January to October of this year, an 50.73 percent increase over 2019, where the number of users in ...