ABU DHABI / WAM Mubadala Investment Company PJSC (Mubadala), an Abu Dhabi sovereign investor, has entered into a definitive agreement to acquire Kelix bio, a specialty pharmaceutical business focused on delivering complex generics across emerging markets, to further strengthen the development of the UAE’s life sciences ecosystem, position the UAE as a global leader in the life sciences sector and …

SHARJAH / WAM Sheikha Bodour bint Sultan Al Qasimi, President of American University of Sharjah (AUS), joined university student athletes from the UAE in celebrating their victories at the Intercollegiate Ramadan Sports Tournament 2024 awards ceremony, reaffirming AUS’ dedication to supporting athletic endeavours and promoting a sense of unity and camaraderie within the student community. Featuring competitions in basketball, volleyball …

WORLD CAPITALS / WAM Gold prices rose on Monday as renewed bets that the US Federal Reserve would begin cutting interest rates in June and a softer dollar lifted bullion’s appeal, Reuters said. Spot gold was up 0.4% at $2,172.09 per ounce, as of 0350 GMT. Also, US gold futures climbed 0.6% to $2,173.40 per ounce. Spot silver gained 0.2% …