ABU DHABI / WAM The Abu Dhabi Chemicals Derivatives Company RSC Ltd (Ta’ziz) on Wednesday signed investment agreements with eight United Arab Emirates -based investors, marking the first domestic Public Private Partnership (PPP) in Abu Dhabi’s downstream and petrochemicals sector. The agreements comprise commitments by the investors to invest in an up to 20% stake in a portfolio of ...
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Ras Al Khaimah / WAM Ras Al Khaimah Economic Zone (Rakez) entered into a strategic alliance with Commercial Bank of Dubai (CBD) to provide Rakez clients with quick and convenient access to the bank’s products and services. An MoU was signed by Ramy Jallad, Group CEO of Rakez, and Dr Bernd van Linder, Chief Executive Officer of CBD. Through ...
Read More »Sharjah / WAM The Sharjah Book Authority (SBA) has announced that Italy will be the Guest of Honour of the 41st edition of the Sharjah International Book Fair (Sibf), slated for November 2022. A stellar gathering of Italian authors, artists and publishers will promote the arts, literature and culture of the Guest of Honour country at the 2022 edition ...
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Abu Dhabi / WAM Mubadala Investment Company PJSC (Mubadala) and Fincantieri have signed a memorandum of understanding (MoU) to start potential collaborations in the field of advanced technologies and services in the naval, marine and industrial sectors. The agreement was signed by Abdulla Abdul Aziz Al Shamsi, Head of UAE New Initiatives at Mubadala, and Giuseppe Giordo, General Manager ...
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Abu Dhabi / Gulf Time ADQ, one of the region’s largest holding companies with a broad portfolio of major enterprises spanning key sectors of Abu Dhabi’s diversified economy, has established a new office in Egypt to build on its commitment to investing in the country’s economic growth. The opening of ADQ’s new office complements the $20 billion (AED 73 ...
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ABU DHABI / WAM The Reach Campaign has revealed that its ’50 Days to Transform 5 Million Lives’ initiative has generated enough funds and commitments to transform the lives of 5 million people at risk of neglected tropical diseases (NTDs). Made possible by the generosity of individuals and corporate partners, the campaign received several million dirhams in donations, which ...
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Fujairah / Gulf Time National Bank of Fujairah announced on Wednesday that it won the coveted award “Best Bank in Terms of Digital Banking Services for the year 2021†from the World Union of Arab Bankers (WUAB) for the NBFX Platform. Earlier this year, NBF launched its electronic trading platform NBFX, expanding its digital offerings to include a bespoke ...
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Dubai / WAM Commercial Bank of Dubai (CBD) announced the opening of its Digital Lab at the Dubai International Financial Centre (DIFC) Innovation Hub, the region’s largest innovation ecosystem. The CBD Digital Lab was inaugurated by CBD Chairman, Humaid Alqutami, CBD Vice Chairman, Sultan Saeed Al Mansoori, and the Governor of DIFC, Essa Kazim. Senior Executives from CBD including ...
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SHARJAH / WAM The Environment and Protected Areas Authority in Sharjah (Epaa) launched the “A Day in the Reserve†programme, which is distributed over four sites on specific dates, at the Khor Kalba Mangrove Centre, Wasit Wetland Centre, Geological Park in Al Buhais, and Al Muntather Reserve. Taking place until December 23, the programme includes families of different nationalities, ...
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ABU DHABI / WAM Borouge, a leading petrochemical company providing innovative, value-creating polyolefin solutions, announced on Tuesday a new long-term agreement with Adnoc Logistics and Services (Adnoc L&S). Through this partnership, Adnoc L&S will manage integrated logistics for Borouge to a new main logistical hub at Khalifa Port and Kizad in Abu Dhabi. The new agreement covers transportation and ...
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