News

NEW DELHI / WAM Relations between the UAE and India, which received a fillip when His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, visited New Delhi as chief guest for Indian Republic Day in January, are set to scale greater heights. Intense preparations are under way ...

Abu Dhabi / WAM Abu Dhabi Global Market (ADGM) and Capital Markets Authority (CMA), Kenya signed a FinTech cooperation agreement which provides a fra-mework to support financial innovation in each jurisdiction. Richard Teng, Chief Executive Officer, Financial Services Regulatory Authority (FSRA) of ADGM, and Paul Muthaura, Chief Executive, CMA Kenya signed the agreement, which expands both parties’ FinTech cooperation network ...

ABU DHABI / WAM Nawah Energy Company has announced the achievement of a number of milestones in the area of operational readiness. The company has begun making arrangements to welcome the Pre-Operational Safety Review Team, Pre-OSART, from the International Atomic Energy Agency (IAEA) for their planned mission for Unit 1 at Barakah Nuclear Power Plant (BNPP) in Al Dhafra Region ...

ABU DHABI / WAM Abu Dhabi Department of Economic Development and Federal Authority for Competitiveness and Statistics (FCSA) signed a joint cooperation agreement to reinforce the strategic partnership between the two sides through the exchange of the database, experiences and knowledge. The MoU was signed at the FCSA headquarters by Abdulla Naser Lutah, Director-General of the Authority, and Khalifa Bin ...

DUBAI / WAM Barclays has announced its sponsorship for the Mind Cloud Entrepreneurship programme, the UAE’s first government accredited initiative for entrepreneurs. The initiative aims to elevate the entrepreneurship skills for participants, in collaboration with Dubai Business Women Council (DBWC), the UAE’s leading platform for the personal and professional development of women in the emirate and beyond. The all-inclusive programme ...

AJMAN / WAM HH Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of the Executive Council, has viewed the most important current, and future, infrastructure projects in Ajman that seek to promote local development under the framework of the emirate’s overall renaissance, to become a modern and advanced international city. This took place during his meeting ...

ABU DHABI / WAM The Abu Dhabi National Oil Company (ADNOC) hosted the latest in its series of Youth Circles, in Ruwais, to discuss how young Emiratis can thrive professionally, while working at remote oil and gas sites, and develop the leadership skills that will allow them to contribute to ADNOC’s future growth. Held in partnership with the Emirates Youth ...

Abu Dhabi / WAM Access World Logistics LLC, a joint-venture between the UAE-based Rais Hassan Saadi, RHS, Group and Switzerland-headquartered Access World Group, held a ground-breaking ceremony at the site of their upcoming third-party logistics facility at Jebel Ali Free Zone. During the welcome address, Peter M Waszkis, CEO of Access World, said, “Our vision is to deliver value to ...

DUBAI / WAM The month of July proved to be an eventful one for Dubai Gold and Commodities Exchange (DGCX), the largest and the most diversified derivatives bourse in the region, as it inked pacts for greater collaboration with two leading Abu Dhabi-based entities – the Abu Dhabi Securities Exchange (ADX) and Abu Dhabi Global Market (ADGM). The Exchange’s recent ...

Dubai / Emirates Business ENBD REIT (CEIC) Limited (“ENBD REIT”), the Shari’a compliant real estate investment trust managed by Emirates NBD Asset Management Limited (the “Fund Manager”), has announced its Net Asset Value for June 30. ENBD REIT’s second NAV since listing, which has increased by 1.74% in the quarter (cum-dividend), now stands at $292 million (AED 1.074 billion) (ex-dividend ...