Mubadala Investment Company has announced a significant strategic partnership with Fortress Investment Group, involving a $1 billion investment aimed at credit and special situations co-investment opportunities. This partnership intends to deploy the full $1 billion from Mubadala into various private credit, asset-based lending, and real estate strategies offered by Fortress, enhancing their existing pool of...
JINGDONG Logistics, also known as JD Logistics, has significantly expanded its operations in the Middle East and North Africa by establishing five warehouses in the region. The company has been working to grow its presence in the Middle East for several years, having launched its first self-operated warehouse at Jebel Ali Port in Dubai, UAE,...
At a bilateral summit in Rome, the United Arab Emirates declared its intention to invest $40 billion in Italy. Although no precise timeframe for the investment was given, this noteworthy promise was made during a meeting between UAE President Sheikh Mohammed bin Zayed Al Nahyan and Italian Prime Minister Giorgia Meloni. Despite criticism from political...