UAE’s Yahsat eyes future acquisitions to boost growth

Abu Dhabi – Mubasher: Andrew Cole, CFO of “Yahsat“The company is looking to grow organically through acquisitions over the next few years. Andrew Cole, in an interview with Bloomberg, added that Yahsat will “press hard” to grow its business revenue streams over the next few years. He added that the company is focusing on expanding […]

UAE’s Chimera Capital launches an initial $2 billion trust fund

Dubai – Mubasher: Chimera Capital, a subsidiary of Chimera Investments, announced the launch of the Alpha Wave Private Trust Fund, an open-ended trust fund, with investment pledges of $2 billion. The company launched the fund jointly with Alpha Wave Global, an investment firm that manages a range of investment funds across various asset classes, according […]

Union Properties: Announcing several projects in the fourth quarter 2022

Dubai – Mubasher: Union Properties has resumed work in real estate development and will announce several projects during the fourth quarter of this year. Amer Khan Sahib, a member of the board of directors and managing director of the company, said in a statement to Al Arabiya TV that the company is working on a […]

ESG Stallions UAE adds activities to its trade license

Abu Dhabi – Mubasher: The board of directors of the company approved “ESG Stallions UAE” During his meeting, he decided to add commercial activities to the commercial license and the company’s articles of association. The company indicated in a statement that the commercial activities that will be added are: management services for companies and private […]

International institutions expect positive performance of UAE banks

Abu Dhabi – Mubasher: The “S&P” credit rating agency indicated in a report that banks in the UAE are moving forward on their way back to their strong performance before the outbreak of “Covid 19” at the beginning of 2020. . According to the report, the agency expected that banks in the UAE would return, […]