NEW YORK / WAM Ares Management Corporation, a leading global alternative investment manager, and Mubadala Investment Company, a global sovereign investor, on Wednesday announced the formation of a joint venture (JV) to invest in global credit secondaries opportunities. The joint venture, anchored by Mubadala, will initially aim to deploy approximately $1 billion as it seeks to capitalise on the anticipated ...

DUBAI / WAM Under the directives of Her Highness Sheikha Hind bint Maktoum bin Juma Al Maktoum, wife of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and Chairperson of the Board of Trustees of UAE Food Bank, the UAE Food Bank has initiated a campaign to provide ...

ABU DHABI / WAM Shareholders of Waha Capital has announced approving a cash dividend of 8 fils per share for the 2022 financial year at the company’s annual general meeting (AGM). At the AGM, shareholders also authorised the company to contribute up to 1% of its net profit for the financial year ended on December 31, 2022 towards CSR initiatives. ...