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Arabian Gulf Business Insight on MSN13m

Abu Dhabi royal family company raises $800m to fund growth

The Private Department of Sheikh Mohamed Bin Khalid Al Nahyan, wholly owned by members of the Abu Dhabi ruling family, has secured AED3 billion ($817 million) to fund new investments. The 10-year ...
The oil-rich emirate styles itself as the “capital of capital”: it has $1.7tn of sovereign wealth holdings and it wants to use them to grow a financial sector to rival Dubai’s busy banking hub, while ...
TAQA Transmission, previously known as Transco, aims to meet the UAE’s rapidly growing and evolving energy demands ...