Abu Dhabi / WAM Mubadala Investment Company (Mubadala) has announced its investment in Dental Care Alliance (DCA), a leading US-based dental services organisation with approximately 390 allied practices, alongside funds managed by Harvest Partners, LP (Harvest Partners), an established private equity firm focused on investing in middle-market companies. DCA is one of the largest multi-branded dental support organisations in ...

Dubai / WAM Dubai Culture and Arts Authority (Dubai Culture) signed an MoU with Fiker Institute, an interdisciplinary think-tank which specialises in international relations, public policy and culture, to establish a knowledge partnership, with the aim of supporting Dubai’s cultural scene globally and advancing research on cultural and creative industries through panel discussions, publications, debates, and the exchange of experiences, ...

  Dubai / Gulf Time Géant, part of GMG, is expanding its regional footprint with the opening of its first supermarket in the UAE in Citylife Al Jurf in Ajman. With its customer friendly open-air market look and feel, this new concept will offer an abundance of choice and quality from the freshest groceries, imported and local fresh produce, meats, ...

  Dubai / WAM Enoc Group on Monday unveiled a new service station in Al Twar 1, Dubai, catering to the growing needs of the residential community and motorists using Al Quds Street. Strategically located diagonally opposite a service station inaugurated in collaboration with Dubai Police on Al Quds Street earlier this year, the new service station will meet the ...

Sharjah / WAM Beeah Group, the region’s leading sustainability pioneer, officially launched Beeah Education to consolidate its several programmes driven to raise awareness and engage people and institutions in shaping a sustainable future. Khaled Al Huraimel, Group CEO of Beeah Group, and Hind Al Huwaidi, Managing Director of Beeah Education, joined partners and colleagues to commemorate the occasion at Beeah ...

Bloomberg There’s been yet another disaster in one of the world’s deadliest places to fly. At least 68 people were killed on January 15 after a Yeti Airlines flight crashed when coming in to land in Pokhara, central Nepal, further blighting the country’s notoriously bad aviation safety record. Just last May, 22 people died after a Tara Air flight crashed ...

  Bloomberg China’s reopening to international travel could propel global air traffic to pre-pandemic levels as soon as June, one of the world’s leading aircraft-leading firms predicts. Avolon Holdings, the world’s second-largest jet lessor, said on Monday that the aviation sector “is set to thrive in 2023,” with Asia driving the rebound after Europe and North America did so last ...

  Bloomberg Deutsche Lufthansa AG is discussing some conditions with Italy in order to proceed with its plan to acquire a 40% stake in the country’s ITA Airways, according to people familiar with the matter. The German carrier is seeking to gain the option to back out of a full takeover should the venture fail to work out, as well ...

  Bloomberg Subway is exploring a potential sale that could value the sandwich chain at more than $10 billion, according to a person familiar with the matter. The process is in its early stages and Subway could still decide against pursuing a sale, said the person, asking not to be identified because the information isn’t public. “As a privately held ...

Bloomberg Natural gas prices in Europe dropped to the lowest level since September 2021 as the supply outlook got a boost with full stockpiles in China forcing buyers to send LNG cargoes to the continent. Benchmark futures fell as much as 15% on Monday, taking the decline so far this year to 27%. Chinese importers are trying to divert February ...