TNS If you’re planning to launch a mobile app to generate revenue, you won’t like the look of these figures. Research from Gartner estimates that fewer than 0.01% of apps will be considered a financial success through to 2018. With an average investment of $270,000 to design, build and launch an app, it’s not a small project by anyone’s …

  Bloomberg Abu Dhabi sovereign investment fund Mubadala Development Co. will acquire a 20 percent stake in alternative investment firm Investcorp Bank BSC, which has backed companies including Tiffany & Co. and Gucci Ltd. under founder Nemir Kirdar. Mubadala will secure a 9.99 percent stake immediately and a further 10.01 percent after gaining regulatory approval, Investcorp said in a statement …

  ABU DHABI / WAM Within its endeavour to co-operate with relevant entities in undertaking its regulatory role, the Federal Authority for Nuclear Regulation (FANR) has signed a Memorandum of Understanding (MoU) with the General Authority of Ports, Border and Free Zones Security (MANAFTH). The MoU aims to promote co-operation in the field of radioactive and nuclear materials security in …