RAS AL KHAIMAH / WAM Ras Al Khaimah Economic Zone (Rakez) has taken a significant step towards expanding economic cooperation between the UAE and Israel by signing a Memorandum of Understanding (MoU) with the Manufacturers’ Association of Israel (MAI). The agreement was signed by Chief Government and Corporate Relations Officer of Rakez, Yaser Abdulla Al Ahmed, and Deputy CEO of ...

ABU DHABI / WAM Palms Sports, the prominent regional sports management company and the largest mass Jiu-Jitsu training provider in the world, a subsidiary of International Holding Company (IHC), has revealed on Wednesday its complete acquisition of Securiguard Middle East, a specialised firm offering security services across diverse sectors. The acquisition, which amounts to AED 300 million, highlights Palms Sports’ ...

ABU DHABI / WAM Mubadala Investment Company has announced that it invested alongside investment funds managed by KKR, a leading global investment firm, in the acquisition of CoolIT Systems (CoolIT), which was announced on May 2. Headquartered in Calgary, Canada, with operations across North America, China and Taiwan, CoolIT specialises in scalable liquid cooling solutions for the world’s most demanding ...