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Alpha Dhabi, Mubadala’s credit JV hits $1b portfolio milestone

ABU DHABI / WAM Mubadala Investment Company and Alpha Dhabi Holding PJSC on Monday announced that their joint venture, which was launched in 2023, has reached a significant milestone, building an approximate $1 billion portfolio in global credit opportunities. This achievement marks a key step toward the partnership’s goal of deploying up to $2.5 billion by 2028, underscoring its strong ...

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Erada Centre 1st in UAE, Gulf to receive Arab Board accreditation

DUBAI / WAM The Erada Centre for Treatment and Rehabilitation in Dubai announced that it has been accredited by the Arab Board of Health Specialisations as a leading training centre for the Psychiatry Fellowship – Addiction Treatment. This makes Erada the first centre in the UAE and the wider Gulf region to receive this recognition in the field of addiction ...

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Emirati doctors position UAE as global healthcare destination: Al Olama

DUBAI / WAM Dr Mohammed Salim Al Olama, Undersecretary of the Ministry of Health and Prevention, stressed that Emirati doctors are the backbone of the healthcare system, dedicating their expertise and efforts to safeguarding community health and enhancing patients’ quality of life. In a statement on Emirati Doctor’s Day, observed annually on March 11, he said, “Today, we honour the ...

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Metal Park unveils AED110mn storage hub in Kezad Free Zone

ABU DHABI / WAM Khalifa Economic Zones Abu Dhabi – KEZAD Group and its strategic client Metal Park announced the launch of the first phase of Metal Park’s state-of-the-art Storage Hub in KEZAD. The Storage Hub will offer world-class storage solutions and support services for businesses in the region. Located in KEZAD Free Zone, the Metal Park Storage Hub is ...

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Tahnoon bin Zayed chairs ADQ Board of Directors meeting

ABU DHABI / WAM His Highness Sheikh Tahnoon bin Zayed Al Nahyan, Deputy Ruler of Abu Dhabi and Member of the Supreme Council for Financial and Economic Affairs (SCFEA), has chaired the board meeting of ADQ, an active sovereign investor driving growth and prosperity for Abu Dhabi, in his capacity as Chairman of the Board of Directors of ADQ. His ...

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Hazza bin Zayed receives delegation from UAE University

AL AIN / WAM HH Sheikh Hazza bin Zayed Al Nahyan, Ruler’s Representative in Al Ain Region, has received a delegation from the United Arab Emirates University (UAEU) to review ongoing academic and research development projects and initiatives in Al Ain. The discussion covered the university’s latest programmes, which aim to foster innovation and advance knowledge within the higher education ...

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DCT Abu Dhabi announces cultural events for Ramadan

ABU DHABI / WAM The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) has unveiled a month-long programme of cultural events, activities, and workshops for Ramadan 2025, offering residents and visitors a chance to celebrate the traditions and spirit of the holy month. As part of its commitment to preserving and promoting Abu Dhabi’s cultural heritage while ...

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GPSSA clarifies conditions for insured Emiratis purchasing service years

ABU DHABI / WAM The General Pension and Social Security Authority (GPSSA) said that insured Emiratis who wish to receive a lucrative pension rate and retire early may revert to purchasing inactive service years in addition to their actual employment period, as per federal pension laws. GPSSA’s service “Purchase of Service Years” differs from one federal law to another. According ...

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Mohammed bin Rashid issues law on DIFC Courts

DUBAI / WAM In his capacity as the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, issued Law No (2) of 2025, pertaining to the Dubai International Financial Centre Courts (DIFC Courts). Provisions of the new law seek to regulate the judicial and administrative aspects ...

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