ABU DHABI, 5th January, 2023 (WAM) Alpha Dhabi Holding and Mubadala Investment Company today announced the formation of a joint venture to co-invest in credit opportunities. Alpha Dhabi and Mubadala aim to collectively deploy up to AED9 billion (approximately US$2.5 billion) over the next five years, leveraging Mubadala’s long-term and strategic partnership with Apollo, one of the world’s largest alternative asset managers, to access high-quality private credit investment opportunities.Mubadala will hold 80% ownership in the Abu Dhabi Global Market-based joint venture entity, with the.
The Department of Community Development in Abu Dhabi (DCD) has issued 20,000 individual volunteer licenses since the launch of volunteer licensing services in September 2021, promoting and encouraging the culture of volunteering in the Emirate. This came
Alpha Dhabi’s luxury and lifestyle vertical will focus on building a portfolio and driving the development of brands by scaling their reach, diversifying their offering and catalysing their growth. The lifestyle vertical and portfolio will go beyond investments in the F&B sector and aims to build a world-class portfolio of lifestyle, luxury, hospitality, F&B and entertainment brands looking to accelerate their expansion and growth.