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ABU DHABI / WAM Palms Sports, the prominent regional sports management company and the largest mass Jiu-Jitsu training provider in the world, a subsidiary of International Holding Company (IHC), has revealed on Wednesday its complete acquisition of Securiguard Middle East, a specialised firm offering security services across diverse sectors. The acquisition, which amounts to AED 300 million, highlights Palms Sports’ ...

ABU DHABI / WAM Mubadala Investment Company has announced that it invested alongside investment funds managed by KKR, a leading global investment firm, in the acquisition of CoolIT Systems (CoolIT), which was announced on May 2. Headquartered in Calgary, Canada, with operations across North America, China and Taiwan, CoolIT specialises in scalable liquid cooling solutions for the world’s most demanding ...

BLOOMBERG  At a port across from Gibraltar, two European monarchs made a rare joint appearance in June to bestow their imprimatur on a bold and risky endeavour. Standing alongside freight ships in Algeciras, King Felipe VI of Spain and King Willem-Alexander of the Netherlands inaugurated a new maritime corridor. The critical cargo that attracted the attention of modern royalty was: ...

ABU DHABI / WAM The AJP Tour UAE National Jiu-Jitsu Championship 2023 is all set to kick off on Friday, at the Mubadala Arena in Abu Dhabi, promising an action-packed weekend for athletes and fans. Organised by the UAE Jiu-Jitsu Federation (UAEJJF) in collaboration with the Abu Dhabi Jiu-Jitsu Pro (AJP), the event will bring together hundreds of athletes from ...

ABU DHABI / WAM Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) and Etihad Airways have signed a Memorandum of Understanding (MoU) to jointly develop initiatives and conduct research into how AI could transform key aspects of the nation’s integral aviation sector. The move aligns with the university’s commitment to enhancing AI competitiveness across vital sectors, including aviation and logistics ...

ABU DHABI / WAM The Zayed Higher Organisation for People of Determination (ZHO), in collaboration with the UAE Deaf Association, has announced the establishment of the Deaf Youth Council, marking a significant milestone in empowering people of determination and showcasing their immense capabilities and potential in contributing to societal growth and development. The formation of the Deaf Youth Council aligns ...

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President Nicolas Maduro of the Bolivarian Republic of Venezuela on his country’s Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mansour ...

ABU DHABI / WAM His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of Abu Dhabi Executive Council, has launched the Childhood Insights Lab in Abu Dhabi in the presence of His Highness Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Chairman of the Abu Dhabi Early Childhood Authority. The pioneering new ...

BLOOMBERG BYD Co, China’s best-selling car brand, unveiled a new electric sport utility vehicle — the Denza N7 — at a glitzy event in a former factory in Beijing, stepping up its push into the premium sector. The model, which comes in six versions, has a starting price of 301,800 yuan ($41,680), which Morgan Stanley noted was pretty much in ...

BLOOMBERG Alphabet Inc’s Google is set to appoint a manufacturing and policy veteran as its top government affairs executive in India to tackle legal challenges and expand hardware assembly to the country. Sreenivasa Reddy, currently a senior engineering executive at Microsoft Corp, is likely to join Google towards the end of this year, people familiar with the matter said, asking ...