Abu Dhabi / WAM The Abu Dhabi Future Energy Company (Masdar) plays a crucial role in supporting the UAE leadership’s vision to promote relevant initiatives and innovation. Since its establishment in 2006, the company has supported the UAE’s efforts to promote sustainability and climate action. Masdar has exerted significant efforts to boost innovation for over 15 years. It has ...

  Abu Dhabi / WAM Aldar Properties and Apollo Global Management (Apollo), one of the world’s largest alternative investment managers, signed a landmark commitment that will see Apollo-managed funds and clients invest a total of $1.4 billion in strategic capital in driving Aldar’s transformational growth initiatives. The commitments are structured into a $500 million to invest into a land joint ...

  Abu Dhabi / WAM Al Yah Satellite Communications Company, the UAE’s flagship satellite solutions provider, on Monday announced that its government arm, Yahsat Government Solutions (YGS), has been awarded a AED909.5 million ($247.5 million) mandate to provide enhanced managed services to the UAE government for its satellite communications capabilities. The agreement augments the previous operations and maintenance services provided, ...