PITTSBURGH / WAM Mubadala Capital, the global asset management firm and a wholly owned subsidiary of Mubadala Investment Company, on Tuesday announced that it has acquired AOG, LLC d/b/a TruFood Manufacturing (TruFood), in partnership with management. TruFood, a leading snack food contract manufacturer in several categories, is being acquired from funds affiliated with AUA Private Equity Partners, LLC. Financial ...

Abu Dhabi / WAM Emerge, a joint venture between Masdar and EDF, and Khazna Data Centres, the largest network of hyperscale data centres in the Middle East and North Africa region, signed an agreement to develop a ground-mounted solar photovoltaic (PV) plant to power Khazna’s new data centre in Masdar City. The plant, which has obtained Abu Dhabi’s Department of ...

  Abu Dhabi / WAM Emirates Development Bank (EDB) held its board meeting to review its results for the period ending September 30. The board discussed the progress being made in executing the bank’s strategy, which aims to support and empower the implementation of the UAE’s industrial development strategy, facilitate the adoption of advanced technology, empower the growth of SMEs, ...