ABU DHABI / WAM Abu Dhabi Fund for Development (ADFD) participated in the inauguration ceremony at the fishing port of Tanit in Mauritania of an ice factory that would enhance the port’s efficiency. The Fund also supervised the project, carried out for AED24 million ($6.5 million) by the Emirati company Talc Investment, which is keen to invest in Africa and …

ABU DHABI / WAM Abu Dhabi National Insurance Company (Adnic) was named ‘Best Sustainable Insurer of the Year’ at the Global Sustainability Leadership Awards by the World Sustainability Congress. The World Sustainability Congress is a not-for-profit organisation advocating for sustainable leadership and brings organisations, NGO’s, public interests groups and governmental bodies together to accelerate sustainable business practices and solutions. The …

ABU DHABI / WAM The Securities and Commodities Authority (SCA) announced on Wednesday that financial markets in the United Arab Emirates will be closed on Monday, January 1, 2024, in observance of the New Year holiday. Trading activities will resume on Tuesday, January 2, 2024, as per the SCA’s usual business hours. This decision aligns with the Federal Authority for …