ABU DHABI / WAM Grants offered by the UAE inside and outside the country stood at AED39 billion during the first nine months of 2017 an increase of 44.8 percent over the same period of 2016 when it reached AED15.9 billion according to statistics by the Central Bank of the UAE. “Grants provided by the UAE in the first half ...

DUBAI / Reuters United Arab Emirates’ healthcare provider NMC Health has raised a $2 billion loan which will be used for general corporate purposes and partly to refinance existing debt, sources familiar with the matter said. The fundraising, completed earlier this month, was provided by a consortium of banks including Citi, JPMorgan and Standard Chartered, the sources said. London-listed NMC ...

ABU DHABI / WAM Masdar, Abu Dhabi Future Energy Company, announced the signing of a Memorandum of Understanding (MoU) with the Korea Energy Agency (KEA) for renewable energy collaboration and investment between the South Korea and the UAE. Mohamed Jameel Al Ramahi, Masdar’s CEO and Dr. Nam Hoon Kang, President and CEO of KEA, signed the MoU, which coincided with ...