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 …

BLOOMBERG  At a port across from Gibraltar, two European monarchs made a rare joint appearance in June to bestow their imprimatur on a bold and risky endeavour. Standing alongside freight ships in Algeciras, King Felipe VI of Spain and King Willem-Alexander of the Netherlands inaugurated a new maritime corridor. The critical cargo that attracted the attention of modern royalty was: …