ABU DHABI / WAM Khalifa Economic Zones Abu Dhabi – KEZAD Group and SINGAUTO, a Singapore-based tech innovator, have announced the signing of a 50-year land lease agreement to establish a state-of-the-art facility in KEZAD Area A (KEZAD Al Ma’mourah). SINGAUTO has committed AED100 million in investments to build a 100,000 square metre advanced facility focused on the development of …

ABU DHABI / WAM CVC DIF, the infrastructure strategy of leading global private markets manager, CVC, and Tabreed, the world’s leading district cooling company, have entered a partnership to acquire PAL Cooling Holding from Abu Dhabi’s Multiply Group. The transaction, with an equity value of approximately AED3.8 billion, includes three long-term concessions in the Abu Dhabi main island area and …

SHARJAH / WAM After nine months of continuous work, the Sharjah Consultative Council (SCC) concluded the second regular session of its eleventh legislative term. The session began on October 10, 2024, and ended on June 19, 2025. It was marked by dynamic parliamentary activity and notable achievements that reflected a high level of institutional engagement with the emirate’s key issues, …