ABU DHABI / WAM Mubadala Investment Company and Bahrain Mumtalakat Holding Company, the sovereign wealth fund of the Kingdom of Bahrain, on Tuesday signed a memorandum of understanding to facilitate strategic cooperation between the two institutions. As part of the MoU, Mubadala and Mumtalakat will explore worldwide co-investment opportunities. They will also exchange knowledge and best practices to enhance ...
Read More »Abu Dhabi / WAM Abu Dhabi Ship Building (ADSB), the regional leader in the design, new build, repair, maintenance, refit and conversion of naval and commercial vessels, today marked a major milestone in serving the naval and maritime industry in the UAE and beyond for 25 years. ADSB commenced operations with the vision of becoming a trusted naval defence partner ...
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AJMAN / WAM The Ajman’s Department of Finance has signed agreements with 12 local banks to offer an “easy payment plan”, which allows installment payments for government service fees to be made through the “Ajman Pay” platform when paid using any credit cards of these banks. The participating banks include First Abu Dhabi Bank, Abu Dhabi Commercial Bank, Commercial ...
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Abu Dhabi / WAM The Ministry of Industry and Advanced Technology (MoIAT) on Tuesday announced it has signed a memorandum of understanding (MoU) with the Tawazun Economic Council, the UAE defense and security industry and engineering and R&D programmes enabler. The MoU confirms Tawazun’s participation in the National In-Country Value (ICV) Programme, joining a number of other leading national ...
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Abu Dhabi / WAM The Board of Management of the UAE’s Federal Authority for Nuclear Regulation (Fanr) convened and approved the operational plan of Fanr for the year 2022. The plan outlines a number of strategic projects to further strengthen Fanr’s regulatory oversight to regulate the nuclear and radiation sectors in the UAE to ensure the safety of public, ...
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ABU DHABI / WAM Imkan Properties announced the official opening of a premium urban park in the capital Abu Dhabi. Nestled within Khalidiya District along Al Bateen Street, Sheikha Fatima Park is just minutes away from the famous Corniche in the heart of Abu Dhabi. Historically known as ‘Khalidiyah Ladies Park’, the 46,000 square metre plot has been redeveloped ...
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Dubai / WAM Emirates Post Group (EPG) launched the “Postcards to Space” initiative in partnership with “Club for the Future”, a private foundation established by Blue Origin, “UAE Space Agency”, “Mohammed bin Rashid Space Centre” (MBRSC), and “AzurX”. The initiative, which is in line with EPG’s celebrations of the UAE’s Golden Jubilee, was unveiled to increase the interest of ...
Read More »Dubai / WAM Chairing the last cabinet meeting scheduled for 2021, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, affirmed that the UAE has accomplished, in a short period of time, major achievements, assumed leading global ranks in various sectors, confirming that the UAE is moving into the ...
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Abu Dhabi / WAM Mubadala Investment Company and Abu Dhabi Gaming (AD Gaming), signed a memorandum of understanding (MoU) to build a robust gaming and esports ecosystem in Abu Dhabi and the UAE. The agreement reflects the ambition of the two entities to support high-value products, creative industries and new technologies as part of Abu Dhabi’s diversification agenda. With ...
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Abu Dhabi / WAM UAE-Mexico bilateral trade has witnessed an approximate 38 percent upsurge in the past five years (2016-2020), a senior Mexican official told the Emirates News Agency (WAM), adding that Mexico wants to be a strategic partner for the UAE in agri-food sector. “The bilateral trade between 2016 and 2020 registered an average annual growth rate of ...
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