Canoo partners with GCC Olayan as EV Distributor in Saudi Arabia
Canoo, a high-tech advanced mobility company, recently signed an exclusive agreement with “GCC Olayan (General Contracting Company) a leading multi-national subsidiary of Olayan Saudi Holding Company (OSHCO), for the sale, service, and distribution of Canoo fleet solutions In Saudi Arabia. GCC Olayan has been a distributor of premier brands in Saudi Arabia for more than 75 […]
IHC completes 400 million USD investment in Adani Enterprise FPO
IHC announced recently its first investment of the year AED 1.4 billion (USD 400 million) in Adani Enterprises. International Holding Company (ADX: IHC), the diversified Abu Dhabi-based conglomerate, announced recently that it would be investing AED 1.4 billion (USD 400 million) into the Adani Enterprises Further Public Offering (FPO), the Indian multinational publicly listed holding […]
ICEBERG Capital introduces a new US equity hedge fund
ICEBERG Capital, a company based in Abu Dhabi Global Market (“ADGM”) and regulated by its Financial Services Regulatory Authority (“FSRA”), and one of Abu Dhabi’s fastest growing alternative asset management firms, yesterday announced the launch of ICEBERG Alpha Strategies Fund (the “Fund”), a US long/short equities hedge fund with a target size of AED 200 million. […]
MoIAT unveils ICP for a centralized UAE Industrial Firms database
The Ministry of Industry and Advanced Technology (MoIAT) recently unveiled the Industrial Census Project (ICP), in collaboration with the Federal Competitiveness and Statistics Centre (FCSC), the members of the Industry Development Council, and the local statistics centers. Industry sources added that the project’s core focus is to create a comprehensive database of all establishments that […]
