Dubai / WAM Ahmed Mohamed Al Naqbi, Chief Executive Officer of Emirates Development Bank (EDB), has called on the local and regional banking community to increase access to corporate finance and accelerate the UAE’s economic recovery. Speaking on the opening day of Bonds, Loans & Sukuk Middle East 2022, Al Naqbi highlighted the role of financial markets in driving ...
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Arada unveils 3rd phase of Masaar project in Sharjah
Sharjah / WAM Arada has launched Robinia, the third phase of its Sharjah woodland community Masaar. The launch of the 565 villas and townhouses in Robinia has been brought forward after the first two residential phases at Masaar both sold out. Valued at AED8 billion and containing 4,000 homes spread over eight gated districts, all linked by a “green ...
Read More »Dewa builds 3 new reservoirs to enhance water security in Dubai
Dubai / WAM Dubai Electricity and Water Authority (Dewa) is increasing the storage capacity of desalinated water in Dubai to enhance water security. Dewa is building three water reservoirs in different parts of Dubai. The water reservoirs will include one in the Nakhali area with a storage capacity of 120 MIG and investments totalling AED287.8 million, one in the ...
Read More »Arada unveils 3rd phase of Masaar project in Sharjah
SHARJAH / WAM Arada has launched Robinia, the third phase of its Sharjah woodland community Masaar. The launch of the 565 villas and townhouses in Robinia has been brought forward after the first two residential phases at Masaar both sold out. Valued at AED8 billion and containing 4,000 homes spread over eight gated districts, all linked by a “green ...
Read More »UAE delegation to explore prospects for enhanced cooperation with Morocco
ABU DHABI / WAM A high-level UAE delegation headed by Abdullah bin Touq Al Marri, Minister of Economy, will be visiting the Kingdom of Morocco on Thursday to explore prospects for enhanced cooperation in the next phase. The meetings will also help explore promising investment opportunities in the markets of the two countries and strengthen them during the next ...
Read More »NHRI, UAEU discuss enhancing cooperation
ABU DHABI / WAM Maqsoud Kruse, Chairperson of the National Human Rights Institution (NHRI), and a delegation from the United Arab Emirates University (UAEU), discussed enhancing cooperation in scientific research, developing curricula and empowering students in the field of human rights. The UAEU delegation was headed by Prof Dr Ahmed Ali Murad, Associate Provost for Research at UAEU. During ...
Read More »Khawla Art and Culture hosts ‘A Vibrant Land’ exhibition
ABU DHABI / WAM Khawla Art and Culture is hosting an exhibition titled “A Vibrant Land”, showcasing the work of professional Emirati photographer and documentary filmmaker Ali bin Thalith. Running until June 16, the exhibition is showcasing the wildlife scenes photographed by Ali bin Thalith. Sheikha Khawla bint Ahmed Khalifa Al Suwaidi, Founder of Khawla Art and Culture and ...
Read More »Mubadala, EQT to buy Swedish medical freight firm in $3bn deal
Abu Dhabi / WAM The EQT X fund (EQT Private Equity), and Mubadala Investment Company (Mubadala), have agreed to acquire Envirotainer (the Company), the leading global provider of mission-critical, proprietary temperature-controlled supply chain solutions for the transportation of biopharmaceuticals, from Cinven and Novo Holdings. The enterprise value amounts to approximately €2.8 billion ($3 billion). Millions of people across the ...
Read More »Masdar City-Dana deal to advance food security
Abu Dhabi / WAM Masdar City, the regional home of technology innovation and R&D in Abu Dhabi, and Dana, the Abu Dhabi-based venture builder and investment platform, signed a memorandum of understanding (MoU) to advance food security at the national level, contribute to agritech sustainability, and support the UAE in meeting key objectives in line with the National Food ...
Read More »Hub71, AIQ partner to develop AI solutions for energy industry
Abu Dhabi / WAM Hub71, Abu Dhabi’s global tech ecosystem, is to partner with AIQ, the Abu Dhabi National Oil Company’s (Adnoc) artificial intelligence (AI) joint venture with Group 42 (G42), to explore the development of new AI solutions that support a sustainable energy future. Under the agreement, Hub71 and AIQ will work together to advance the development of ...
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