Bloomberg At least a hundred companies worldwide have delayed or pulled financing deals worth more than $45 billion since Russia’s invasion of Ukraine. These include initial public offerings, bonds or loans and acquisitions. US equity market deals were the worst hit by global volatility in the first quarter as a crop of firms postponed listings, while Japanese and European ...
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UAE-Israel to bolster ties in maritime sector
Abu Dhabi / WAM The UAE and Israel have signed a memorandum of understanding (MoU) on cooperation in the field of maritime transport, exchange of experiences, and strengthening strategic partnership, as part of the Abraham Accords Peace Agreement. The MoU was signed by Suhail bin Mohammed Al Mazrouei, the UAE Minister of Energy and Infrastructure, and Merav Michaeli, the Israeli ...
Read More »ECI discusses its targets, strategies
Dubai / WAM Etihad Credit Insurance (ECI), the UAE federal export credit company, held its first board of directors meeting in 2022, chaired by Abdullah bin Touq Al Marri, Minister of Economy and Chairman of the Board, at the company’s branch in Dubai. The meeting discussed key economic performance indicators in 2021, its achievements in accomplishing its targets and ...
Read More »UAE hosts meeting for ISA ministers of interior
DUBAI / WAM His Highness Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, chaired on Sunday in Dubai a meeting of the interior ministers of the International Security Alliance states, which includes the UAE, France, Italy, the UK, Morocco, Spain, Israel, Senegal, Singapore, Slovakia. The Netherlands also joined the alliance, which ...
Read More »UAE-Israel deal to advance maritime transport sector
Abu Dhabi / WAM The UAE and Israel have signed a memorandum of understanding (MoU) on cooperation in the field of maritime transport, exchange of experiences, and strengthening strategic partnership, as part of the Abraham Accords Peace Agreement. The MoU was signed by Suhail bin Mohammed Al Mazrouei, the UAE Minister of Energy and Infrastructure, and Merav Michaeli, the ...
Read More »UAE welcomes announcement of truce in Yemen
Abu Dhabi / WAM The United Arab Emirates welcomed the announcement by Hans Grundberg, Special Envoy of the United Nations Secretary-General for Yemen, to commence a truce and halt all forms of military operations in Yemen and on the Saudi-Yemeni borders. In a statement issued by the Ministry of Foreign Affairs and International Cooperation (MoFAIC), the UAE welcomed the ...
Read More »SBA hosts Emirati, Arab intellectuals in Algiers
Sharjah / Gulf Time Sharjah Book Authority (SBA) organised a series of discussion panels and poetry readings that brought together a host of Emirati and Algerian authors and intellectuals as part of its participation at the 25th edition of the Algiers International Book Fair. During its participation, SBA highlighted its ongoing efforts to support Emirati and Arab publishers as ...
Read More »Sheikh Zayed Festival concludes activities and events
ABU DHABI / WAM The Sheikh Zayed Festival concluded its activities, after four months of daily activities and events at Al Wathba, Abu Dhabi. The event was organised under the auspices of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, and the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and ...
Read More »UAE sees 678 new recoveries from Covid-19
ABU DHABI / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 282,125 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary treatment. As ...
Read More »Abu Dhabi to host one of region’s largest automotive marketplaces
Abu Dhabi / WAM AD Ports Group, the region’s premier facilitator of logistics, industry, and trade, has partnered with UAE-based, multi-business conglomerate Ghassan Aboud Group to establish one of the region’s largest automotive export and distribution hubs in Kizad. The launch was announced at the official ceremony held in Abu Dhabi in the presence of key stakeholders and officials. ...
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