MANAMA / WAM Investcorp, a Bahrain-based asset manager which counts Mubadala Investment Company as its biggest shareholder, announced that it has completed the acquisition of ten UK industrial assets, comprising c. 660,000 sq ft, via four transactions for a combined purchase price of €56.7 million. Since launching its European real estate business in 2017, Investcorp has invested approximately €1 billion ...

Abu Dhabi / WAM The Central Bank of the UAE (CBUAE) and the Central Bank of the Republic of Indonesia (Bank Indonesia) have signed a MoU to boost mutual co-operation. The bilateral MoU includes three main areas, covering digital innovation in payment and financial services to facilitate more efficient and secure transactions, cross-border payment systems including retail payments, and frameworks ...

Abu Dhabi / WAM Abu Dhabi has been awarded four prestigious accolades at the 28th annual World Travel Awards in recognition of the emirate’s efforts to establish itself as a leading global tourist destination. Considered to be the highest awards in the field of tourism, the accolades reward and celebrate excellence across all sectors of the international travel and tourism ...