Abu Dhabi / WAM Mubadala Investment Company, the Abu Dhabi based sovereign investor, announced its investment in Medallia, the market leader in customer and employee experience management software, alongside Thoma Bravo, a leading software investment firm. The minority co-investment was conducted in connection with Thoma Bravo’s recent take private of the San Francisco-based enterprise software company. Thoma Bravo announced the ...

Abu Dhabi / WAM Abu Dhabi National Oil Company (Adnoc) and GE Gas Power on Wednesday announced a joint cooperation initiative to develop a decarbonisation roadmap that includes reducing carbon emissions from gas turbines used to power Adnoc’s downstream and industry operations, including at the world-scale Ruwais Industrial Complex, in Abu Dhabi in the United Arab Emirates. This initiative further ...

Dubai / Gulf Time Danube Group, Dubai’s leading building material, real estate and retail home furnishing, conglomerate is one of the first few companies who announced their new work week cycle starting January 1, 2022, in line with the UAE governments new directives of a shorter work week. The group intends to retain its two-day weekend (on Saturdays and Sundays) ...