Manama / WAM Investcorp, a Bahrain-based asset manager which counts Mubadala Investment Company as its biggest shareholder, on Wednesday announced that Investcorp Saudi Pre-IPO Growth Fund LP led the Pre-IPO round in privately-held TruKKer Holding Limited, Mena’s largest digital freight network with a leading position across Saudi Arabia, the UAE, Egypt and neighbouring countries. Investcorp led the initial close of ...

  ABU DHABI / WAM The central bank of the UAE (CBUAE) and the General Civil Aviation Authority (GCAA) signed a memorandum of understanding (MoU) on Wednesday on linking the electronic payment systems. The MoU comes as part of both entities’ efforts to implement the UAE’s strategy and achieve its digital transformation objectives for services provided to individuals. It aims ...

  Abu Dhabi / WAM The Abu Dhabi National Exhibitions Company (Adnec) has rebranded and unveiled a new corporate identity with the aim of increasing the visibility of the group’s six main business sectors: Venues, events, hotels, food and beverage, services and tourism. Strengthening its position as a leading events and leisure tourism player in Abu Dhabi, Adnec group maximises ...