News

DAE completes acquisition of Sky Fund I Irish

  DUBAI / WAM Dubai Aerospace Enterprise (DAE) Ltd announced that it had completed the previously announced acquisition of SKY Fund I Irish, Ltd and its subsidiaries (SKY Fund I) on November 18. Sky Fund I leases aircraft to 14 airline customers in 11 countries. Next-generation technology aircraft represent more than 90% of the acquired portfolio. Following the acquisition of ...

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AD Ports-TotalEnergies deal to explore solar power generation

  Abu Dhabi / Gulf Time Khalifa Economic Zones Abu Dhabi – Kezad group, the integrated trade, logistics, and industrial hub of Abu Dhabi and a subsidiary of AD Ports group, announces an agreement with TotalEnergies Renewables Distributed Generation Middle East & Africa, an affiliate of TotalEnergies, to explore opportunities to solarise assets across Kezad’s industrial ecosystem. TotalEnergies’ Renewables Distributed ...

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Dubai DAE’s acquisition of SKY Fund I Irish complete

Dubai / WAM Dubai Aerospace Enterprise (DAE) Ltd announced that it had completed the previously announced acquisition of SKY Fund I Irish, Ltd and its subsidiaries (SKY Fund I) on November 18. Sky Fund I leases aircraft to 14 airline customers in 11 countries. Next-generation technology aircraft represent more than 90% of the acquired portfolio. Following the acquisition of SKY ...

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Ewaa celebrates World Children’s Day

  Abu Dhabi / WAM More than 100 elementary school students marked the World Children’s Day by learning to regulate their emotions and gaining social and interpersonal skills, under the guidance of community experts and specialists from Abu Dhabi Centre for Sheltering and Humanitarian Care – Ewaa. The activities, organised as part of the Ministry of Interior’s activations, aimed at ...

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Arada marks expansion into Dubai with launch of Jouri Hills

  Sharjah / WAM Arada has unveiled its first project in Dubai with the launch of Jouri Hills at Jumeirah Golf Estates, a luxury villa collection in the heart of one of the emirate’s most-sought-after residential and leisure communities. The latest phase in the 40 million square foot Jumeirah Golf Estates master plan, Jouri Hills contains 294 high-end homes located ...

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Sheikh Mohamed, Turkmenistan president hold talks

Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan and President Serdar Berdimuhamedow of Turkmenistan on Monday discussed the deep-rooted ties between the two nations and explored opportunities for boosting collaboration. His Highness Sheikh Mohamed received President Berdimuhamedow at Qasr Al Watan in Abu Dhabi and expressed his wishes that their meeting would accelerate joint cooperation ...

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Masdar’s Green Reit acquires $254mn sustainable property

Abu Dhabi / WAM Masdar Green Reit, the UAE’s first Real Estate Investment Trust to invest solely in sustainable real estate assets, has concluded the acquisition of property worth AED934 million ($254.28 million), taking its portfolio value to AED1.91 billion, with further assets identified for potential future investments. The announcement, made by the fund’s manager Masdar Capital Management Limited (MCML) ...

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Sharjah gears up to celebrate National Day from Nov 24-Dec 3

  Sharjah / WAM Khalid Jasim Al Midfa, Chairman of the Sharjah National Day Celebrations Committee, said that the emirate is preparing to celebrate the annual National Day, which will include UAE citizens, residents and visitors. On the occasion, he congratulated President His Highness Sheikh Mohamed bin Zayed Al Nahyan, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President ...

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TSMC founder: Congratulating Xi on party congress was ‘personal’

Bloomberg Taiwan Semiconductor Manufacturing Co. founder Morris Chang said the congratulations he offered Chinese President Xi Jinping about the congress that his ruling Communist Party recently held were his own “personal” view. “Taiwan’s Presidential Office told me beforehand that if there was an opportunity, there was no need to avoid meeting or greeting him,” Chang said Monday at a press ...

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Tourism rebound aiding Thai economic recovery

  Bloomberg A revival in tourism helped Thailand expand at the fastest pace in more than a year last quarter, even as finer details of the economic data support the case for the central bank to go slow on monetary policy tightening. Gross domestic product rose 4.5% in July-September from a year ago, the National Economic and Social Development Council ...

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